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Olam’s Third-Quarter Profit More Than Triples on Valuation Gain
Olam’s Third-Quarter Profit More Than Triples on Valuation Gain
Olam International Ltd. (OLAM), the Singapore commodity trader being taken over by the city’s state investment company, said third-quarter profit more than tripled on gains related to the revaluation of holdings in a Malaysian maker of natural sweeteners and other items.
Coffee Belt in Vietnam Set for Rain Easing Threat of Drought
Coffee Belt in Vietnam Set for Rain Easing Threat of Drought
The coffee areas in Vietnam, the biggest producer of robusta beans used by Nestle SA, will probably receive rain in coming days, easing concern that dry weather will reduce the harvest in the year starting October. Futures in London slumped to a three-week low.
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