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☆ Singaporeans are used to paying less than $5 for a meal. This 30-year-old chef charges double, and diners keep coming.
▼ + stars: | 2024-10-14 | by ( Erin Liam | ) www.businessinsider.com time to read: +9 min

She went on to open a hawker stall selling prawn noodles, which later expanded into a casual eatery. When Dave Pynt, the chef-owner of Australian-inspired barbecue restaurant Burnt Ends, visited her school for a guest lecture on wood-fire cooking, she was intrigued. Shifting the focus to local cuisineA bowl of prawn noodles costs between SG$14 to SG$20 at Zhup Zhup. A hawker stall seemed like the perfect sandbox to test her ideas without spending a lot on overhead costs. The challenges of running a hawker businessThree years in, the hawker stall had just managed to earn back its capital.

Persons: Gwyneth Ang, Ang, —, she's, Erin Liam, Dave Pynt, hawker, Erin Liam So, pao, Darren Ang, Pynt, Erin Liam Singapore's, Teo Kay Key, Cherry Tan, Shanice Lim, nasi, Lim Organizations: Michelin, Service, Business, Culinary Institute of America, hawker, Department of Statistics, Institute of Policy Studies, National University of Singapore, Singapore Airlines Locations: Singapore, New Bahru, hawker, Macpherson, Pynt

☆ A food influencer in Chicago breaks down why the Windy City should be on every restaurant lover's bucket list
▼ + stars: | 2024-08-03 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Chicago was ranked third in Food & Wine's 2024 ranking of the best cities for food and drink in the US. It's such a food city." For Italian beef, you can go to Al's or Mr Beef, Noblecilla said. "There's a really great range in the kind of food that you see at the Michelin restaurants," Noblecilla said. AdvertisementAlfresco dining"Alfresco dining is such a huge thing here in Chicago," Noblecilla said.

Persons: —, Erica Noblecilla, Noblecilla, I've, that's, Beef, Kathleen Hinkel, Lou Malnati's, There's, It's, Alinea, Smyth —, Kasama, Grace Dean, Carniceria Maribel, Majsterek, de, suíça, Pitu Cachaça Organizations: Service, Chicago, Food, Business, Chili, The Washington, Getty, Michelin Locations: Chicago, Windy City, Chinatown, Little India, Little Italy, Ukrainian, Polish, South Florida, New York, Philadelphia, Cincinnati, Chicagoland, Swedish, Brazilian

☆ Why Silicon Valley Is Going to War Against the Media, Journalists
▼ + stars: | 2024-07-30 | by ( ) www.businessinsider.com time to read: +21 min

Just 20 years ago journalists covered the tech industry "like it didn't matter, like it was this hobbyist, interesting, plucky thing." The pro-tech media gives tech's main characters the chance to write their way back to the original storyline. Trae Stephens, a partner at Founders Fund, described Pirate Wires as a kind of daily affirmation for Silicon Valley. Related storiesTrae Stephens, a partner at Founders Fund, described Pirate Wires as a kind of daily affirmation for Silicon Valley. Of the members of the news media I talked to about pro-tech media, some were backhandedly laudatory.

Persons: Mike Solana, Solana, Peter Thiel, —, David Sacks, Jason Calacanis, Chamath Palihapitiya, David Friedberg, Elon Musk, Sam Altman, Tucker Carlson, Donald Trump, There's, Coogan, John Coogan, Andreessen Horowitz, Marc Andreessen, they're, Balaji Srinivasan, Mark Zuckerberg, Donald Trump's, Tyler Le, Sam Bankman, Warren Buffett, Trae Stephens, Andreessen, Palmer Luckey, It's, Dick Lucas, Lucas, Joe Rogan, Kamala, Stephens, Packy McCormick, Taylor Lorenz, Ryan Mac, Kevin Roose, Jesse Singal —, Casey Newton, Casey isn't, Casey, Newton, Erik Torenberg, Anthony Fauci, Ellen Pao, Katherine Maher, George Soros, Joe Biden, Chesa Boudin, Boudin, Gavin Newsom, Palihapitiya, Sacks, Trump, JD Vance, Brian Merchant, Ben Smith, Eric Newcomer, he's, Lulu Cheng Meservey, Balaji Srinivasan's, Zoë Bernard Organizations: Fund, Tech, Founders Fund, Apple, Elon, Elite, Sequoia Capital, Pirate, Penguin Group, Big Tech, Card Industry, Washington Post, TechCrunch, Media, NPR, Google, Disney, Twitter, Republican National Convention, Bloomberg, monetization, San, Business Locations: San Francisco, Substack, Silicon Valley, New York, Silicon, Solana, Miami, Francisco, California, Los Angeles

☆ How Gen Zers dine out: From spicy food to menu hacks
▼ + stars: | 2024-06-14 | by ( Grace Dean | ) www.businessinsider.com time to read: +7 min

They love to customize their food, they're suckers for a menu hack, and they crave spicy dishes, restaurant executives and experts say. Menu hacks fly on social mediaGen Zers are more inclined to try out menu hacks, creating new dishes using items already available on the menu. AdvertisementAt Caribou Coffee, younger customers — Gen Alpha, Gen Zers, and younger millennials — are most likely to modify their drinks, CMO Erin Newkirk told BI. They crave spicy foodGen Zers are big fans of spicy food, executives previously told BI. In a 2022 poll by Morning Consult , US Gen Z respondents listed chicken as their second-favorite food overall, behind only pizza.

Persons: —, Gen, Taylor Swift, Zers, They're, Joe Labombardo, It's, Alessandro Biascioli, Lizzy Freier, Tom Boland, he'd, Boland, Piper Sandler, Justin Sullivan, Labombardo, Gen Z, Alpha, Gen Zers, millennials, Erin Newkirk, Andy Rebhun, Kuttig, Gen Zs, pao, it's, Liang Lim, Cane's, Joe's, Z, they're, Caribou's Newkirk Organizations: Service, Business, Higher, Getty, Bojangles, Coffee, El Pollo, Morning, Piper, Foods Locations: Chipotle, Nashville

☆ I tried 23 popular frozen meals from Trader Joe's, and would buy at least half of them again
▼ + stars: | 2024-05-16 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +34 min

I'm picky about instant meals, though, so I reviewed 23 of Trader Joe's frozen entrées. AdvertisementVERDICT: Although Trader Joe's penne arrabbiata could make for a satisfying, last-minute dinner, it wasn't memorable enough for me to buy again. Trader Joe's frozen section offers many different Tex-Mex and Mexican-inspired dishes, but I noticed these because of the "hatch chile" description. I thought Trader Joe's vegetable-and-cheese enchiladas were a disappointing, soggy messOnce cooked through, Trader Joe's vegetable-and-cheese enchiladas didn't impress me. I hoped Trader Joe's spicy peanutty noodle bowl with chicken would be goodI enjoyed Trader Joe's spicy peanutty noodle bowl with chicken.

Persons: —, Joe's, Wilson, Wilson I'm, it's, penne arrabbiata, I'm, fryer, Savanna, gooey Monterey Jack oozed, they're, might've, I've, provolone, Wilson Jackfruit, didn't, It's, I'd, you've, mozzarella, Bolognese, would've, bolognese, microwaving, gnocchi, it'll, chow, chiles, Wilson I, raved Organizations: Service, Business, Monterey, Wilson, Joe's Locations: Savanna, Monterey Jack, gooey Monterey, Cuban, pesto, jalapeño, gnocchi

☆ There is something core to Reddit that is extremely powerful, says former Reddit CEO Ellen Pao
▼ + stars: | 2024-03-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere is something core to Reddit that is extremely powerful, says former Reddit CEO Ellen PaoEllen Pao, former Reddit CEO and Project Include co-founder, joins 'Squawk Box' to discuss Reddit's upcoming IPO, the valuation of the company today, the comparison to X, news of a potential TikTok ban, and more.

Persons: Ellen Pao Ellen Pao

☆ Brazil Retail Billionaire Abilio Diniz Dies at 87
▼ + stars: | 2024-02-18 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

BRASILIA (Reuters) - Brazilian billionaire Abilio Diniz, who built an empire in the supermarket retail sector, died on Sunday in Sao Paulo, according to his press office. The 87-year-old had been hospitalized at the Albert Einstein Hospital and suffered respiratory failure due to pneumonitis, his press office said in a statement. Diniz played a pivotal role in the history of Brazilian retail, serving most recently as vice-chairman of Carrefour Brasil and as a board member of the French group Carrefour. Diniz remained with the company he founded until 2013, when he took over as chairman of Brazilian food processor BRF, where he served for five years. Photos You Should See View All 33 ImagesIn 2014, Diniz acquired a stake in Carrefour Brasil through his private investment company Peninsula.

Persons: Abilio Diniz, Diniz, Pao de, Marcela Ayres, Chris Reese Organizations: Reuters, Albert Einstein Hospital, Carrefour Brasil, Carrefour, Forbes Locations: BRASILIA, Sao Paulo, French, Carrefour Brasil

Today, they facilitate the connection to the spiritual world she needs to help fellow refugees and their American-raised children who seek restoration of lost spirits. Male heads of households who embrace traditional animist practices perform soul-calling ceremonies, venerate ancestor spirits and invoke the protection of good spirits. On a farm north of St. Paul, Moua Yang runs the hog butcher shop he started working on with his father when he was a child. “It’s ingrained in me,” said Vue, who was born in St. Paul. “Spiritual world is confusing, but once you find a path, everything is natural,” Chad Lee said.

Persons: Mee Vang Yang, ”, Tzianeng Vang, Vang Yang’s, He's, Lee Pao Xiong, Paul, haven’t, Xiong, Moua Yang, “, it’s, Yang, Sai Vue, Vue, Janessa Moua, she’s, ” Moua, Txongpao Lee, Lee, Hlee Xiong Lee, they’re, Kevin Lee, Chad Lee Organizations: PAUL, Communist, Center, Hmong Studies, Concordia University, St, Twin Cities, Hmong Cultural, Lutheran, Press, Lilly Endowment Inc, AP Locations: Laos, Minnesota, China, Cambodia, Vietnam, United States, Thailand, California, St, Southeast Asia, Wisconsin, Paul’s

☆ Uniper swings to $10 billion net profit as gas prices fall
▼ + stars: | 2023-10-31 | by ( Christoph Steitz | ) www.reuters.com time to read: +2 min

A person stands at escalators near the Uniper logo at the utility's firm headquarters in Duesseldorf, Germany, July 8, 2022. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing RightsCompanies Uniper SE FollowGazprom PAO FollowFRANKFURT, Oct 31 (Reuters) - Germany's Uniper (UN01.DE), which was bailed out during Europe's energy crisis, swung to a nine-month net profit of 9.77 billion euros ($10.35 billion), boosted by falling gas prices that positively impacted future provisions. The result compares with a net loss of 40.3 billion euros in the same period last year, when ballooning costs to replace Russian gas threw the company into its biggest crisis ever, triggering a government rescue. The results come a week after Uniper detailed its outlook for 2023, expecting adjusted operating profit (EBIT) of 6 billion to 7 billion euros and full-year adjusted net profit of 4 billion to 5 billion euros. At the end of September, liabilities tied to derivatives, which grow or shrink in line with gas price developments, stood at 26 billion euros, down from 216 billion a year earlier.

Persons: Wolfgang Rattay, Jutta Doenges, Christoph Steitz, Rachel More, Kirsten Donovan Organizations: REUTERS, Gazprom PAO, Gazprom, Thomson Locations: Duesseldorf, Germany, FRANKFURT, Frankfurt, Ukraine

☆ US says ready to help Vietnam with rare earth auctions
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

HANOI, Oct 25 (Reuters) - The United States is ready to help Vietnam in preparing auctions for rare earths mines, the U.S. State Department chief economist Emily Blanchard on Wednesday. "If Vietnam chooses to ask for assistance in developing an auction, we would be happy to provide assistance to do so," she said in Hanoi when asked about possible auctions to be arranged by Vietnam for new concessions at unexploited mines. Vietnam's government intends to launch tenders for multiple blocks of its Dong Pao mine before the year's end, Tessa Kutscher, an executive at Australia's Blackstone Minerals Ltd (BSX.AX), which plans to bid for at least one concession, told Reuters last month. Blanchard said that U.S. technical assistance to partner countries can extend to support to craft tenders or bids "to generate the most interest". Reporting by Francesco Guarascio; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.

Persons: Emily Blanchard, Tessa Kutscher, Blanchard, Francesco Guarascio, Martin Petty Organizations: U.S . State Department, Australia's Blackstone Minerals Ltd, Reuters, Thomson Locations: HANOI, United States, Vietnam, Hanoi, Dong

☆ At unicorn startup Carta, a culture of absolute fealty to an erratic and vindictive CEO, employees say
▼ + stars: | 2023-10-24 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +17 min

Both men remained valued employees at Carta, with the sales representative even getting promoted just weeks after the alleged "helicopter penis" incident, according to former employees. CEO Henry Ward cofounded Carta, originally called eShares, in 2012 as a service for startups to digitize their paper stock certificates. Today Carta helps startups track their investors, employees manage their equity awards, and venture capitalists administer their funds. The lawsuit says that 10 days after Rogers filed her complaint, Ward "began treating Ms. Rogers in an aggressive and demeaning manner during several meetings." Many of the employees who have spoken out publicly about Carta and Ward have found themselves embroiled in expensive legal battles.

Persons: Lisa Whittaker, Whittaker, Jerry Talton, David Kim, Andrea Lamari, Kim, Henry Ward, Andreessen Horowitz, Ward, Henry, Alex Kurland, Carta, Peter Thiel, Simon Cowell, Talton's, Suzanne Elovic, Elovic, Lamari, Jeff Perry, Perry, salespeople, JT Goodman, Goodman, Goodman didn't, Jeff Perrry, Allie Rogers, Rogers, Rodgers, Rachel Mayes, Ward doesn't, Mayes, Jeff, Jeff Perry countersued, Orrick Herrington, Sutcliffe, Kleiner Perkins, Ellen Pao, Amanda Sheets, Sheets, Pushback, Lindauer, Whitaker, Whittaker wasn't, Barbara Byrne, Byrne, Talton, Joe Osnoss, Osnoss, Heidi Johnson, Johnson Organizations: Carta, UBS, Gold Club, Lightspeed, California Civil Rights Department, Meritech, YouTube, Win, York Stock Exchange, San, San Francisco Superior, San Francisco Superior Court, Barclays, Lehman Brothers, Montana Human Rights Bureau Locations: San Francisco, Brazil, Silicon Valley, California, Palo, Iranian, Lindauer, Silver, Montana

☆ Russia's Gazprom to supply extra gas to Hungary and China this year
▼ + stars: | 2023-10-22 | by ( ) www.reuters.com time to read: +2 min

Companies Gazprom PAO FollowOct 22 (Reuters) - Russia's Gazprom (GAZP.MM) will supply extra gas to Hungary through the coming winter and will also provide China with an additional 600 million cubic metres this year on top of contractual obligations, TASS news agency quoted its boss Alexei Miller as saying. Orban told Putin when they met in Beijing on Tuesday that Hungary never wanted to oppose Russia and was trying to salvage bilateral contacts. "And we have an agreement that we will supply additional volumes on an ongoing basis in the coming winter", he said. "We regularly supply additional volumes to the Chinese market. This year, I think (the extra amount) will be 600 million cubic meters of gas," he was quoted as saying.

Persons: Alexei Miller, Vladimir Putin, Miller, Viktor Orban, Orban, Putin, Gazprom's Miller, Mark Trevelyan, David Holmes Organizations: Gazprom PAO, Gazprom, Investigations, European Union, Putin, NATO, Ukraine, EU, Thomson Locations: Hungary, China, Russian, Europe, Ukraine, Baltic, Beijing, Russia, U.S

☆ Vietnam rare earths arrests include key figure in bid to build industry
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] Luu Anh Tuan, Chairman of mining company VTRE in his Hanoi office with samples of rare earth oxides in Hanoi, Vietnam September 7, 2023. REUTERS/Francesco Guarascio/File Photo Acquire Licensing RightsHANOI, Oct 20 (Reuters) - Police in Vietnam have arrested six people accused of violating mining regulations, including the chairman of a company at the heart of efforts to develop Vietnam's rare earth industry, seizing 13,715 tons of rare earths ores. VTRE has partnered with Australian mining companies Australian Strategic Materials (ASM) (ASM.AX) and Blackstone Minerals LTD (BSX.AX), which were not involved in the investigation. ASM signed a binding agreement in April with VTRE for the purchase of 100 tons of processed rare earths this year, and committed to negotiating a longer-term supply deal. Vietnam is planning to organise auctions for concessions at its largely unexploited rare earths mines, which are considered to contain the world's second biggest deposits of the critical minerals used in electric cars and wind turbines.

Persons: Anh Tuan, Francesco Guarascio, Yen Bai, VTRE, Blackstone, Dong Pao, Tuan, Doan Van Huan, Khanh Vu, Edmund Klamann, Martin Petty Organizations: REUTERS, Rights, Police, Earth JSC, Duong Group, Ministry of Public Security, Strategic Materials, Blackstone Minerals LTD, Blackstone, ASM, Australian, Thai Duong Group, Thomson Locations: Hanoi, Vietnam, Rights HANOI, Vietnamese, Yen, Lai Chau, Yen Bai

☆ French retailer Casino agrees initial deal to sell stake in Exito Group
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

A logo of French retailerÊCasinoÊis pictured outside aÊCasinoÊsupermarket in Nantes, France, July 27, 2023. REUTERS/Stephane Mahe/File Photo Acquire Licensing RightsPARIS, Oct 16 (Reuters) - Indebted French supermarket chain Casino (CASP.PA) said on Monday it had agreed an initial deal to sell its stake in Latin American retailer Almacenes Exito (IMI.CN) to Grupo Calleja. Casino's board on Friday approved a pre-agreement to sell its entire stake in Almacenes Exito to Grupo Calleja, a leading grocery retailer in El Salvador, it said. Casino is in the midst of a restructuring after years of debt-fuelled acquisitions had brought it to the verge of default. The price per share may be reduced by extraordinary dividend distributions, asset transfers or similar transactions made by Exito, Casino added in a statement.

Persons: Stephane Mahe, Almacenes, Exito, Sudip Kar, Olivier Sorgho, Jacqueline Wong, Lincoln Organizations: REUTERS, Rights, Grupo Calleja, Casino, Thomson Locations: aÊCasinoÊsupermarket, Nantes, France, El Salvador, Almacenes

☆ EU, US seek interim steel deal to avoid return of Trump tariffs - Bloomberg News
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +1 min

A steel coil is unrolled on the line at the Novolipetsk Steel PAO steel mill in Farrell, Pennsylvania, U.S., March 9, 2018. REUTERS/Aaron Josefczyk/File Photo Acquire Licensing RightsOct 6 (Reuters) - Leaders of the European Union and the U.S. are seeking to announce an interim agreement at an Oct. 20 summit on steel and aluminium trade that would avert the re-imposition of Trump-era tariffs on transatlantic commerce, Bloomberg News reported on Friday. White House and European Commission officials are negotiating a provisional political agreement that would cover the two main planks of the Global Arrangement for Sustainable Steel and Aluminum that the EU and U.S. have been negotiating since 2021, which include tackling non-market excess capacity and carbon emissions, the report said citing people familiar with the talks. Reporting by Jyoti Narayan in Bengaluru; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

Persons: Aaron Josefczyk, Jyoti Narayan, Jacqueline Wong Organizations: Novolipetsk, REUTERS, European Union, Trump, Bloomberg, White, European Commission, Sustainable Steel, EU, U.S, Thomson Locations: Farrell , Pennsylvania, U.S, Bengaluru

She cited unpublished information from Vietnam's Ministry of Natural Resources and Environment, which did not respond to requests for comment. In recent years, Japanese investors Toyota Tsusho and Sojitz abandoned projects at Dong Pao after China ramped up supply, pummelling prices. Reuters GraphicsStill, rare earths at Dong Pao are relatively easy to access and are mostly concentrated in bastnaesite ores, according to the Hanoi University of Mining and Geology. The plant has capacity to process 5,000 tons of REO a year but the company plans to treble that to accommodate input from Dong Pao, Tuan said. The metallization process is controlled by China, which produces 90% of rare-earth metals, according to the U.S. Department of Energy.

Persons: Dong Pao, Blackstone, VTRE, Tessa Kutscher, Anh Tuan, Joe Biden, Kutscher, Sojitz, Dylan Kelly, Vingroup, Rivian, Dong, Tuan, David Merriman, John Rockhold, Dudley Kingsnorth, Francesco Guarascio @fraguarascio, Khanh, Melanie Burton, Trevor Hunnicutt, Mai Nguyen, Phuong, David Crawshaw Organizations: REUTERS, Australia's Blackstone Minerals Ltd, Vietnam's Ministry of Natural Resources, Earth JSC, U.S, . Geological Survey, Reuters, Toyota, Terra Capital, Blackstone, Hanoi University of Mining, REO, White House, Department of Commerce, U.S . Chamber of Commerce, Strategic, ASM, Reuters Graphics Reuters, U.S . Department of Energy, Western Australian School of Mines, Curtin University, Thomson Locations: Nam, Lai Chau, Vietnam, Pao, HANOI, Dong, Beijing, China, Hanoi, U.S, Dong Pao, VTRE, South, Khanh Vu, Melbourne, Seoul, Washington, Phuong Nguyen

☆ Russia lifts export ban on low-quality diesel, marine fuel
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +1 min

It also lifted restrictions on the export of fuel already accepted for export by the Russian Railways and Transneft (TRNF_p.MM) before the initial ban had been announced last week. The ban on all types of gasoline and high-quality diesel remains in place. Russia in recent months has suffered shortages of gasoline and diesel. Wholesale fuel prices have spiked, although retail prices are capped to try to curb them in line with official inflation. The crunch has been especially painful in some parts of Russia's southern breadbasket, where fuel is crucial for gathering the harvest.

Persons: Dado Ruvic, Vladimir Soldatkin, Gareth Jones Organizations: REUTERS, Russian, Russian Railways, Kremlin, Thomson Locations: MOSCOW, Russia, breadbasket

☆ China's Foreign Ministry requests consulates in Hong Kong to give data of local staff
▼ + stars: | 2023-09-19 | by ( Jessie Pang | Thomson Reuters | Jessie Pang Joined Reuters In After An Internship. She Covers Hong Kong With A Focus On Politics | ) www.reuters.com time to read: +2 min

FLIE PHOTO: The Chinese national flag is seen in front of the financial district Central on the Chinese National Day in Hong Kong, China October 1, 2022. In a letter seen by Reuters, The Commissioner’s Office of China’s Foreign Ministry wrote that consulates must comply with the request by Oct 18th. The letter was sent to all consulates according to media outlets Hong Kong Free Press and local Ming Pao newspaper. China's Foreign Ministry in Hong Kong and the Hong Kong government did not immediately respond to request for comment. Additional reporting by Liz Lee in Beijing and Greg Torode in Hong Kong; writing by Farah Master; editing by Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Tyrone Siu, Liz Lee, Greg Torode, Farah, Michael Perry Organizations: REUTERS, Ministry, Reuters, China’s Foreign Ministry, British, Consular, European Union, Hong Kong Free Press, Ming Pao, Foreign Ministry, Hong, US, Thomson Locations: Central, Hong Kong, China, HONG KONG, Beijing, Vienna, British

REUTERS/Altaf Hussain Acquire Licensing RightsNEW DELHI, Sept 9 (Reuters) - India served millet, a staple for millions of Indians, to world leaders at a gala dinner at the end of the first day of the G20 Leaders Summit in New Delhi on Saturday. From leaf crisps to pudding, the foodstuff was served at the high table occupied by leaders including U.S. President Joe Biden, British Prime Minister Rishi Sunak and Japan's Prime Minister Fumio Kishida. The main course was a jackfruit pastry served with glazed forest mushrooms, millet crisps and curry leaf tossed Kerala red rice. Earlier this year, the versatile and climate friendly superfood grain featured at the White House state dinner for Indian Prime Minister Narendra Modi. "We encourage efforts to strengthen research cooperation on climate-resilient and nutritious grains such as millets, quinoa, sorghum, and other traditional crops including rice, wheat and maize," the statement said.

Persons: Altaf Hussain, Joe Biden, Rishi Sunak, Fumio Kishida, Droupadi Murmu, Millet, Narendra Modi, Krishn Kaushik, Aftab Ahmed, Alexander Smith Organizations: International Media Center, REUTERS, G20, U.S, British, Japan's, Indian, United Nations Food, Agriculture Organization, White House, Thomson Locations: New Delhi, India, DELHI, Mughlai, Russia, Ukraine

☆ Russia gas price seen much lower for China than for Europe
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +2 min

Companies Gazprom PAO FollowMOSCOW, Sept 8 (Reuters) - The price for the Russian pipeline gas for China is expected to be steadily declining in next few years, and is seen much lower than Moscow is selling to Europe, a Russian government document, seen by Reuters on Friday, shows. Oil exports from Russia are also seen declining next year, according to the forecast of Russia's socio-economic development forecast until 2026, while the price of Russian oil is seen rising in 2024. The price of Russian pipeline gas has not been made public by the government or the energy giant Gazprom (GAZP.MM) since the start of supplies in 2019, while analysts have long suspected that it was much lower than the one Russia sells at to Europe. Russian crude oil exports are also seen declining this year to 247 million tons (4.96 million barrels per day) from 248.2 million tons in 2022. It is expected to fall further to 240 million tons next year before recovering back to 247 million tons in 2025.

Persons: Alexander Novak Organizations: Gazprom PAO, Reuters, Gazprom, West, Thomson Locations: MOSCOW, China, Moscow, Europe, Russia, Russian, Turkey, Ukraine

☆ Moldova puts its debt to Gazprom at $8.6 mln, Russian firm disagrees
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +2 min

The former Soviet republic, nestled between Ukraine and European Union member Romania, used to buy Russian natural gas. But Gazprom and its Moldovan subsidiary said in late 2021 it had accumulated hundreds of millions of dollars in debt. Prime Minister Dorin Recean added: "After clarifications regarding the debt for natural gas, Moldova and citizens are not obliged to pay the corresponding bills." Parlicov said the auditors had not received documents from Moldovagaz and Gazprom to cover $276 million of the alleged debt. She has previously said that Moldova has no debts to Gazprom for natural gas.

Persons: Victor Parlicov, Dorin Recean, Maria Zakharov, Parlicov, Maia Sandu, Alexander Tanas, Vladimir Soldatkin, Anna Pruchnicka, Alexander Smith, Kevin Liffey, Ron Popeski, David Gregorio Our Organizations: Gazprom PAO, Gazprom, European Union, Romania, Moldovan, Moldova Energy, Foreign Ministry, Moldovagaz, Thomson Locations: CHISINAU, Moldova, Russian, Soviet, Ukraine, Chisinau, Moldovagaz, Moscow

☆ Russian gas exports to EU seen dropping sharply in 2023, state bank VEB says
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +2 min

VEB expects total Russian natural gas exports to fall this year to 100 bcm from 131 bcm in 2022. According to Reuters calculations, pipeline natural gas exports to Europe by Kremlin-controlled Gazprom (GAZP.MM) have declined to around 17.7 bcm so far this year. Europe drastically cut purchases of Russian oil and gas following the start in February 2022 of what Moscow has called a special military operation in Ukraine. VEB also expects Russian crude oil exports to decline to 230 million tons (4.6 million barrels per day) this year from 248 million in 2022, amid a possible drop in supplies to the EU to 41 million tons from 115 million tons. VEB forecasts that Russian oil exports will recover to 239 million tons in 2026 thanks to a boost in supplies to China and India.

Persons: Alexander Novak, Darya Korsunskaya, Vladimir Soldatkin, Paul Simao Organizations: Gazprom PAO, European, VEB, Gazprom, Thomson Locations: MOSCOW, European Union, Russian, Europe, Kremlin, Moscow, Ukraine, Russia, Asia, China, India

☆ Russia's Gazprom says it swings to Q2 net loss as exports to Europe slump
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +1 min

Companies Gazprom PAO FollowMOSCOW, Aug 29 (Reuters) - Russia's Gazprom (GAZP.MM) said on Tuesday it generated a net loss of 18.6 billion roubles ($197 million) in the second quarter of 2023 after a net profit of 1.03 trillion roubles a year earlier following the collapse of gas exports to Europe. Gazprom has suspended the disclosure of its exports data, but according to Reuters calculations, supplies to Europe, once its key source of earnings, were about 15 billion cubic metres (bcm) in January-July compared with 62 bcm for the whole 2022. The Kremlin-controlled company also said its net income for the first six months of the year fell to 296 billion roubles from 2.5 trillion roubles in January-June 2022, while its base for dividend payment reached 618 billion roubles for the period. The company usually pays dividend of 50% of its adjusted net income. ($1 = 94.4250 roubles)Reporting by Vladimir Soldatkin and Oksana Kobzeva Editing by Chris Reese and Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Vladimir Soldatkin, Oksana Kobzeva, Chris Reese, Tomasz Janowski Organizations: Gazprom PAO, Gazprom, U.S, Thomson Locations: MOSCOW, Europe, China

Companies Uniper SE FollowGazprom PAO FollowDUESSELDORF, Aug 1 (Reuters) - Uniper (UN01.DE) announced plans on Tuesday to triple its green investments in the coming years as it confirmed strong financial results in the first half driven by favourable market conditions in a turnaround for Germany's bailed-out utility. Uniper said it would invest 8 billion euros ($8.79 billion) through 2030 for its green transformation alone, triple its average annual investments of the past three years. In May, it flagged profits of more than 2 billion euros expected from hedging its gas supply commitments. Expecting no further financial losses from procuring replacement gas volumes, Uniper said on Tuesday no further capital increases from the German state would be necessary. Its credit line from the KfW state lender has been reduced ahead of schedule to 11.5 billion euros from 16.5 billion euros, the company said.

Persons: Germany's, Uniper, Michael Lewis, Vera Eckert, Rachel More, Friederike Heine, Muralikumar Organizations: Gazprom, Thomson

☆ Hmong cuisine and culture are having a moment in the US. We spoke with the restaurateurs and farmers driving innovation.
▼ + stars: | 2023-07-16 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +11 min

It marks a renaissance of sorts for the Hmong community, which has historically been insular. He also recently appeared on "Iron Chef" and was the first to serve Hmong food at the Minnesota State Fair. Though for decades, Xiong said Hmong businesses struggled to market outside the Hmong community. La Vang-Herr also opened her Hmong business in an area with few Hmong residents. Sean LeschMortchee's, a Hmong eatery in a former Wausau, Wisconsin, ice-cream stand, has also been a lifeline for the local Hmong community since opening earlier this year.

Persons: Yia Vang, Vang, James Beard, Kao Kalia Yang, Sunisa Lee, Lee Pao Xiong, Paul, Xiong, Peng Her, They're, We've, Diane Moua, Moua, Gemma Weston, Mai Vang, Pom, La, Herr, Sean Lesch Mortchee's, Sa Sor Lee, there's, Lee, Toua Xiong, we've, Pheng, we're Organizations: Service, Union Hmong, Minnesota, Fair, Google, Center, Hmong Studies, Concordia University, St, Pew Research Center, Hmong Institute, Twin Cities, Twin, American Farmers Association Locations: Wall, Silicon, Vang, Minneapolis, Oakland , California, Vietnam, Madison , Wisconsin, Minnesota, Twin, Siskiyou County, California, New York, Montague, Oregon, Portland , Oregon, Wausau , Wisconsin, Twin Cities, St

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