Chicken producer Perdue enters crowded plant-based meat market

Chicken producer Perdue enters crowded plant-based meat market
(Reuters) – Perdue Foods, one of America’s largest chicken producers, said it will sell frozen chicken nuggets mixed with cauliflower, chickpeas and plant protein to address a growing demand for products combining meat and vegetables. FILE PHOTO: Laborers clean a pile of dry chickpea outside a warehouse, along a wholesale market, in Karachi, Pakistan November 17, 2017. REUTERS/Akhtar Soomro/File Photo... Read More

Perdue Foods enters crowded plant-based alternative meat market

Perdue Foods enters crowded plant-based alternative meat market
(Reuters) – Perdue Foods, one of America’s largest chicken producers, said it will sell frozen chicken nuggets mixed with cauliflower, chickpeas and plant protein to address a growing demand for products combining meat and vegetables. FILE PHOTO: Laborers clean a pile of dry chickpea outside a warehouse, along a wholesale market, in Karachi, Pakistan November 17, 2017. REUTERS/Akhtar Soomro/File Photo... Read More

WeWork considers $1.9 billion offer for 70% stake in Indian affiliate: Bloomberg

WeWork considers $1.9 billion offer for 70% stake in Indian affiliate: Bloomberg
FILE PHOTO: The WeWork logo is displayed outside a co-working space in New York City, New York U.S., January 8, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company’s plans to go public, Bloomberg reported on Thursday, citing... Read More

WeWork considers $1.9 billion offer for 70% Indian affiliate stake: Bloomberg

WeWork considers $1.9 billion offer for 70% Indian affiliate stake: Bloomberg
FILE PHOTO: The WeWork logo is displayed outside a co-working space in New York City, New York U.S., January 8, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company’s plans to go public, Bloomberg reported on Thursday, citing... Read More

Alibaba files for HK listing that may raise $20 billion as soon as third quarter: source

Alibaba files for HK listing that may raise $20 billion as soon as third quarter: source
HONG KONG (Reuters) – China’s biggest e-commerce company Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing that could raise up to $20 billion as early as the third quarter of this year, a person with direct knowledge of the matter said. FILE PHOTO: A sign of Alibaba Group is seen at the company’s headquarters in Hangzhou,... Read More

China, Hong Kong homebuyers play cross-border musical chairs in Bay Area

China, Hong Kong homebuyers play cross-border musical chairs in Bay Area
HONG KONG (Reuters) – An ambitious plan to transform the industrial towns of China’s Pearl River Delta into a modern economic zone powered by new technology ventures has triggered a rush of cross-border property investments between Hong Kong and the mainland. FILE PHOTO: Private residential blocks are seen behind a cemetery at Tseung Kwan O district in Hong Kong, China... Read More

Alibaba files to list in Hong Kong as soon as third quarter: source

Alibaba files to list in Hong Kong as soon as third quarter: source
HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing that will take place as soon as the third quarter of this year, a person with direct knowledge of the matter told Reuters. FILE PHOTO: A sign of Alibaba Group is seen at the company’s headquarters in Hangzhou, Zhejiang province, China... Read More

Zell, other former Tribune executives reach $200 million settlement over LBO

Zell, other former Tribune executives reach $200 million settlement over LBO
(Reuters) – Real estate billionaire Sam Zell and other former officers and directors of Tribune Co have reached a $200 million settlement resolving allegations of fraudulent transactions related to the media company’s disastrous 2007 leveraged buyout. FILE PHOTO: Sam Zell, founder and chairman at Equity Group Investments, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 17, 2017.... Read More