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Business 11 Jan 2012 | 12:00 AM

Rubber glut will cut tyre makers costs

TOKYO: Rubber plantations from Indonesia to Ivory Coast will tap a global crop this year that will create the biggest glut since at least 2004, cutting costs for Bridgestone Corp, Michelin & Cie. and other tyre makers.

Business 03 Dec 2020 | 7:00 AM

Mars throws shade at rivals in global cocoa fight

NEW YORK: American chocolate icon Mars Inc sought to distance itself from rivals after the world’s top cocoa producers accused companies of trying to skirt paying a premium aimed at boosting farmers’ incomes.