DIRS.INFO The most relevant business & tech news

[1/3] Police stand on a road outside 'Bharat Mandapam', the main venue of the G20 Summit, in New Delhi, India, September 3, 2023. By convention, invitations issued by Indian constitutional bodies have always mentioned the name India when the text is in English, and the name Bharat when the text is in Hindi. However, the invites -- in English -- for the G20 dinner called Murmu the President of Bharat. In English, the South Asian giant is called India, while in Indian languages it is also called Bharat, Bharata and Hindustan. While some supporters of the name Bharat say "India" was given by British colonisers, historians say the name predates colonial rule by centuries.

Persons: Bharat Mandapam, Altaf Hussain, Droupadi Murmu, Bharat, Narendra Modi’s, “ Bharat, Alexander the, Krishn Kaushik, William Maclean Organizations: REUTERS, Indian, Reuters, Bharatiya Janata Party, BJP, of States, Rashtriya Swayamsevak Sangh, Bharat, Thomson Locations: New Delhi, India, DELHI, Bharata, British, Greece

Traders have told Reuters the price could possibly be below an unofficial floor set by Russia's government to control domestic wheat prices. Other Russian wheat suppliers submitted offers on Friday at a free-on-board price of $265 per metric ton, believing it to be the set price floor, and a C&F price that exceeded $270 per ton. Traders told Reuters the price floor was not legally binding but that suppliers were expected to follow instructions from Russia's agriculture ministry. There is a lack of clarity in the market about the level of the Russian minimum floor price. GASC had also privately bought one cargo of Bulgarian wheat at $270 per ton C&F on Friday.

Persons: Mohamed Abd El Ghany, GASC, Sarah El Safty, Michael Hogan Organizations: REUTERS, Rights, General Authority for Supply Commodities, Solaris, Reuters, Traders, Abu, Abu Dhabi Exports Office, Thomson Locations: Al Qalyubia Governorate, Egypt, Rights CAIRO, Ukraine, Abu Dhabi, UAE

☆ Beyond Meat, the poster child of plant-based meat, saw sales tank as cash-strapped shoppers turn away from expensive alternative proteins
▼ + stars: | 2023-08-08 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Beyond Meat's sales tanked by nearly a third in Q2, which the company attributed to weak demand. Consumers are financially squeezed and they're skeptical of the health benefits of plant-based meat, execs said. Brown said that the "number one issue" with the plant-based meat category was that it ultimately wasn't bringing in enough new consumers. International markets saw a much smaller drop in revenues year-over-year. While environmental concerns are a major motivator for people buying plant-based meat in Europe, "here in the US, it's more driven by health," Brown said.

Persons: execs, Ethan Brown, Brown, Lubi Kutua, Kutua Organizations: Service Locations: Europe, Wall, Silicon

☆ Beyond Meat stock slides more than 20% after company reports weak sales, cuts forecast
▼ + stars: | 2023-08-08 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Beyond Meat's stock fell more than 20% in morning trading Tuesday after the company reported weak sales, cut its full-year revenue forecast and walked back its goal of becoming cash-flow positive in the second half of the year. The company, which makes meat substitutes, has struggled for roughly two years as U.S. consumer interest in its products has waned. However, CEO Ethan Brown told analysts on the company's conference call Monday evening that its weak sales will likely delay its target of becoming cash-flow positive by the second half of 2023. U.S. demand for Beyond's meat alternatives appears to be declining at a faster rate, even as the company cuts its prices 8.6%, mostly through discounts. Beyond also cut its full-year revenue outlook to a range of $360 million to $380 million, compared to the $388 million Wall Street expected, according to Refinitiv.

Persons: Ethan Brown, Brown Organizations: Meat Inc, U.S, Wall Locations: Encinitas , California

☆ Beyond Meat's newest ad targets meat industry attacks about plant-based food being ultra-processed and unhealthy
▼ + stars: | 2023-08-07 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Groups connected to the meat industry have said for years that plant-based meats aren't healthy. But it also counters one of the most common criticisms of plant-based meats from the animal meat industry – that these products are highly processed and unhealthy to eat. The Center has ties to the meat industry, according to Fast Company. In its own ads and messaging, the Center said that plant-based meat was "ultra-processed" and that the products posed health risks. The ad comes as Beyond Meat, Impossible, and other plant-based meat makers deal with a slump in sales.

Persons: Steven, Rick Berman, John Mackey Organizations: Service, Fast Company, Center for Consumer, Center, Foods, American Heart Association Locations: North Dakota, Wall, Silicon

REUTERS/Patrick T. Fallon/File PhotoAug 7 (Reuters) - Beyond Meat (BYND.O) cut annual revenue forecast and missed second-quarter net sales estimates, as slowing demand for its pricier plant-based meat products shows no signs of recovery, sending shares down 8% in extended trading on Monday. Bogged down by inflationary pressures, customers are opting for lower-priced animal protein over alternatives such as plant-based products. The ambiguity around the health benefits of plant-based meat is also weighing on growth, said CEO Ethan Brown in a post-earnings call. The company forecast 2023 revenue between $360 million and $380 million, compared with its prior expectation of $375 million to $415 million. Beyond Meat's quarterly net revenue fell nearly 31% to $102.1 million, missing analysts' average estimate of $108.4 million, according to Refinitiv data.

Persons: Patrick T, Ethan Brown, Arun Sundaram, Ananya Mariam Rajesh, Shilpi Majumdar Organizations: Kroger, REUTERS, CFRA, Thomson Locations: Los Angeles , California, U.S, Bengaluru

☆ A Florida steakhouse is selling a plant-based steak for a whopping $69
▼ + stars: | 2023-08-02 | by ( Nancy Luna | ) www.businessinsider.com time to read: +5 min

A Florida steakhouse chain is joining the fray by selling a $69 plant-based steak by Chunk Foods. Charley's Steak House is billing itself as the first steakhouse chain in the US to add a plant-based steak to its menu. The plant-based steak is so good that some staffers were fooled during blind taste tests, company Executive Vice President Clark Woodsby told Insider. Last year, Beyond Meat's sales slumped as consumers turned away from plant-based meat substitutes. To date, restaurant diners have experienced plant-based foods at fast-food chains like KFC, Pizza Hut, McDonald's, and Chipotle.

Persons: mignon, Charley's, Clark Woodsby, Mignon, Woodsby, Seth Miller, Miller, Amos Golan, Golan Organizations: Chunk Foods, Service, Chunk, Town, Texas Cattle Company, Foods, Steak, Foods Chunk Locations: Florida, Wall, Silicon, Central Florida, FishBones, Texas, Charley's

☆ A 'major revolution' is underway in the food industry. How to invest in the rise of alternative meat
▼ + stars: | 2023-07-22 | by ( Michelle Fox | ) www.cnbc.com time to read: +12 min

"The food industry is undergoing a major revolution," Telsey Advisory Group analyst Sarang Vora wrote in a June 26 note. The rise, fall and future of plant-based meat Plant-based meat has been around for decades. The firm is forecasting a $450 billion market opportunity for cultivated meat by 2040, perhaps reaching 20% of the global meat market. Investing in cultivated meat For investors interested in getting in on the cultivated meat "revolution," it is still early stages, said Telsey's Vora. Archer-Daniels-Midland also recently announced it is collaborating with Believer Meats on new ways to develop and commercialize cultivated meat products.

Persons: Sarang Vora, Tyson, that's, we've, Alec Lucas, Laine Clark, it's, Clark, We'll, Hiral Patel, Brazil —, Institute's Clark, We're, It's, Telsey's, Kellogg, Steve Cahillane, Steakholder, Ben Haynor, — CNBC's Michael Bloom Organizations: Advisory, Department of Agriculture, Foods, McKinsey & Company, Tyson Foods, Kellogg, Global, Food Innovation, Whole Foods, Food Institute, CNET, Barclays, McKinsey, Daniels, Midland, Reuters, Steakholder, Global Partners Locations: Jordan, United States, U.S, Norway, China, India, Brazil

☆ Is lab-grown meat kosher or halal? Can religious vegetarians eat it? It’s complicated
▼ + stars: | 2023-06-27 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +8 min

But first, the practical perspective: Neither company has yet had its US-approved cultivated chicken product certified as halal or kosher. Religious and ethical vegetariansBecause cell-cultured meat is developed from animal cells, it’s not considered vegetarian by Upside Foods or Good Meat. But people who don’t eat meat for animal welfare or environmental reasons may want to give cultivated meat a try. In this case, the question of whether cultivated meat is considered meat, from a religious perspective, is significant. For cultivated meat to be considered kosher, it “would require that it came from a kosher slaughtered animal.” Chicken that is grown from cells taken from a kosher, unfertilized egg would be considered kosher, he said.

Persons: it’s, Mat McDermott, ”, McDermott, Hare Krishnas, Lord Krishna, Anuttama Dasa, Mohammad Hussaini, Hussaini, kashrut, Menachem Genack, ” Genack, David Lau, Didier Toubia, Toubia, “, There’s Organizations: New, New York CNN, USDA, Inc, Foods, Hindu American Foundation, ISKCON, International Society, Krishna, American Halal Foundation, OU, CNN Locations: New York, United States, Israel, Persian Gulf, Southeast Asia

☆ U.S. regulators approve sale of cell-cultured chicken by two startups
▼ + stars: | 2023-06-21 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Proponents of cultured meat say it's healthier and more environmentally friendly than traditional meat. As a result of the decision, the USDA will inspect cultured meat facilities, just as it does traditional meat processing plants and slaughterhouses. The meat produced by Upside Foods and Good Meat will be labeled as "cell-cultivated chicken" when sold to consumers. Chef Jose Andres has placed the first order to sell Good Meat's cultured chicken to serve it in an undisclosed Washington, D.C., restaurant, the company said. Even armed with cash and regulatory approval, cultured meat startups face many hurdles before their products can become mainstream.

Persons: we're, Josh Tetrick, Joinn Biologics, Chef Jose Andres, Dominique Crenn, Uma Valeti Organizations: U.S . Department of Agriculture, USDA, Eat, U.S . Food, Drug Administration, Foods, D.C, Companies, McKinsey Locations: U.S, Singapore, United States, Washington, San Francisco

☆ 'Real' meat maker Cargill may emerge big winner in plant-based food as buzzy startup boom fades
▼ + stars: | 2023-06-17 | by ( Bob Woods | ) www.cnbc.com time to read: +12 min

Additionally, Cargill began marketing several plant-based protein ingredients, made from soy, pea and wheat, to food and beverage manufacturers worldwide. What to expect for plant-based meat in next decade Cargill's calculated approach to plant-based meats coincides with the nascent industry's trajectory. And then there's the consumer's appetite to pay a premium price for plant-based meat. So Cargill's biggest competition will be the established plant-based meat companies, like Beyond and Impossible, he said. The future of plant-based meat might be analogous to the ongoing transition to electric vehicles.

Persons: Florian Schattenmann, Cargill Cargill, Cargill, Schattenmann, it's, John Baumgartner, Baumgartner, Caroline Bushnell, Bushnell, that's, Seth Goldstein, Goldstein, Tyson's Organizations: Cargill, Foods, Tyson Foods, Hormel Foods, Smithfield Foods, Cargill Inc, The, Bloomberg, Getty, Foods Cargill, Mizuho Securities USA, Good Food Institute, Cubiq Foods, FDA, North, Food and Drug Administration, Morningstar Research Services, Nielsen, annualized Nielsen, Nestle, Tesla, tiptoed, Ford, GM, Hyundai, Volkswagen Locations: U.S, Minneapolis, Montreal, Quebec, Canada, Spanish, Berkeley , California, Puris, North American, Netherlands, Bflike, Belgian, North America

☆ NBA: Finals-Denver Nuggets at Miami Heat
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +5 min

[1/5] Jun 7, 2023; Miami, Florida, USA; Denver Nuggets center Nikola Jokic (15) shoots the ball over Miami Heat guard Max Strus (31) during the third quarter in game three of the 2023 NBA Finals at Kaseya Center. Mandatory Credit: Jim Rassol-USA TODAY SportsJune 9 - The Denver Nuggets stand two victories away from their first NBA title, and their top two players are coming off historic performances. But the Nuggets remember their Game 2 home loss and know they will need to deliver a supreme effort on Friday night when they visit the Miami Heat in Game 4 of the NBA Finals. Denver holds a 2-1 edge in the best-of-seven series and is setting out to win back-to-back games in Miami. --The Nuggets have won eight of their past nine games against the Heat and have covered the spread in four consecutive road games.

Persons: Nikola Jokic, Max Strus, Jim Rassol, Jamal Murray, Jokic, Hall, Wilt Chamberlain, Kareem Abdul, Jabbar, Murray, Jeff Green, Jamal, Bam Adebayo, Adebayo, Tyler Herro, Erik Spoelstra, Herro, Jimmy Butler Organizations: Denver Nuggets, Miami Heat, Kaseya Center, NBA, Nuggets, Denver, Hall of Fame, Milwaukee Bucks, Miami, Boston Celtics, Eastern Conference, Thomson Locations: Miami , Florida, USA, Miami, BetMGM, BetRivers, Jokic, Denver

☆ Gabe Vincent helps Heat beat Nuggets, level Finals at 1-1
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +3 min

[1/5] Jun 4, 2023; Denver, CO, USA; Miami Heat guard Gabe Vincent (2) controls the ball against Denver Nuggets forward Michael Porter Jr. (1) in the first half in game two of the 2023 NBA Finals at Ball Arena. Gabe Vincent made 8 of 12 shot attempts from the floor -- including 4 of 6 from 3-point range -- as the Heat outscored the Nuggets by a 36-25 margin in the fourth quarter. I mean, this is the NBA Finals and we're talking about effort. This is the NBA Finals. Kyle Lowry's 3-pointer trimmed the Nuggets' lead to 77-75 with 2:08 left in the third quarter before Jokic scored the final six points of the period.

Persons: Gabe Vincent, Michael Porter Jr, Isaiah J, Downing, Nikola Jokic, Vincent, Bam Adebayo, Jimmy Butler, Erik Spoelstra, Denver's Jamal Murray, Aaron Gordon, Bruce Brown, Jokic, Michael Malone, he's, Malone, Duncan Robinson, Butler, Murray, Gordon, Adebayo, Murray misfired, Kyle Lowry's, Max Strus Organizations: Miami Heat, Denver Nuggets, Ball, USA, NBA, Heat, Nuggets, Denver, Miami, Thomson Locations: Denver, USA, Beach, Miami

☆ Nuggets stand between Heat, history in NBA Finals
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +2 min

[1/2] May 27, 2023; Miami, Florida, USA; Miami Heat forward Jimmy Butler (22) looks to the score board in the second quarter during game six of the Eastern Conference Finals for the 2023 NBA playoffs at Kaseya Center. Mandatory Credit: Rich Storry-USA TODAY SportsMay 31 (Reuters) - The Miami Heat have the chance to make history when the NBA Finals kick off on Thursday, facing a well-rested Denver Nuggets squad that is uninterested in letting the Heat's Cinderella story go any further. "We don't play just to win the Eastern Conference, we play to win the whole thing." "You get to the NBA Finals, it's not about seeding anymore. The NBA Finals kick off on Thursday at 8:30 p.m.

Persons: Jimmy Butler, Rich Storry, Larry O'Brien, Tyler Herro, Mark Jackson, Nikola Jokic's, oddsmakers, Michael Malone, Malone, it's, Amy Tennery, Chris Reese Organizations: Miami Heat, Eastern, Kaseya Center, NBA, Denver Nuggets, Milwaukee Bucks, New York Knicks, Boston Celtics, Eastern Conference, ABC NBA, Nikola Jokic's Nuggets, Los Angeles Lakers, Nuggets, Milwaukee, Ball, Thomson Locations: Miami , Florida, USA, Miami, New York

☆ Geopolitical grains: Utilizing agricultural ETFs in a time of oversupply
▼ + stars: | 2023-05-10 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

"There's an oversupply of wheat in Russia right now," he said. The Teucrium Wheat Fund (WEAT) , for example, spreads futures contracts across multiple maturities instead of concentrating holdings in front-month futures. In addition to WEAT, Teucrium offers four other ETFs with agricultural exposure: CORN , CANE and SOYB , as well as the Teucrium Agricultural Fund (TAGS) . "And so, without [the Black Sea Grain Initiative], shipping will become uncertain, because you'll be in a war zone." However, prolonged conflict or expansion of the conflict could continue to harm Ukraine grain production, he said, underpinning valuation uncertainty for the commodity regardless of the current oversupply.

French sports daily L'Equipe reported on Tuesday that Qatari-owned PSG had suspended Messi for two weeks and decided against exercising an option to renew his contract for a third season after he made an unauthorised trip to Saudi Arabia. Messi is a Saudi ambassador for tourism and his longtime rival, Cristiano Ronaldo, signed for Saudi club Al-Nassr in December in a deal reported to be worth around $220 million per year. Messi's trip to Saudi Arabia resulted in him being suspended without pay and banned from training with his team mates by PSG, L'Equipe said. Saudi Minister of Tourism Ahmed Al Khateeb confirmed Messi's trip to the Kingdom. "I am happy to welcome Saudi Tourism Ambassador Lionel Messi and his family on his second vacation in Saudi," Al Khateeb wrote on his Twitter account.

☆ German magazine apologizes to Schumacher family over A.I. interview, sacks editor
▼ + stars: | 2023-04-23 | by ( ) www.cnbc.com time to read: +2 min

The publishers of a German magazine that ran an 'interview' with Michael Schumacher generated by artificial intelligence have sacked the editor and apologized to the Formula One great's family. His family said this week that they were planning legal action against weekly magazine Die Aktuelle, owned by the Essen-based Funke media group. "Die Aktuelle editor-in-chief Anne Hoffmann, who has held journalistic responsibility for the paper since 2009, will be relieved of her duties as of today." The latest edition of Die Aktuelle ran a front cover with a picture of a smiling Schumacher and the headline promising 'Michael Schumacher, the first interview'. "We're trying to carry on as a family, the way Michael liked it and still does.

☆ German magazine fires editor over AI 'interview' with Michael Schumacher
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +2 min

[1/2] Mercedes Formula One driver Michael Schumacher of Germany stands inside his team garage during the first practice session of the Japanese F1 Grand Prix at the Suzuka circuit October 5, 2012. REUTERS/Kim Kyung-HoonApril 22 (Reuters) - The publishers of a German magazine that ran an 'interview' with Michael Schumacher generated by artificial intelligence have sacked the editor and apologised to the Formula One great's family. His family said this week that they were planning legal action against weekly magazine Die Aktuelle, owned by the Essen-based Funke media group. The latest edition of Die Aktuelle ran a front cover with a picture of a smiling Schumacher and the headline promising 'Michael Schumacher, the first interview'. "We're trying to carry on as a family, the way Michael liked it and still does.

☆ NBA roundup: Short-handed Bucks even series with Heat
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +3 min

Jimmy Butler had 25 points to pace the Heat, and Bam Adebayo added 18 points. Jaren Jackson Jr. had 18 points, nine rebounds and three blocked shots and Desmond Bane added 17 points for the second-seeded Grizzlies. LeBron James had 28 points and 12 rebounds and Rui Hachimura added 20 points off the bench for the seventh-seeded Lakers. Michael Porter Jr. scored 16 points and Aaron Gordon had 12 points and 10 rebounds for top-seeded Denver. Denver went on an 8-0 run to open the final quarter, grabbing a 95-89 lead before Minnesota moved in front 99-98.

☆ Amid risk of stalling in EV race, Spain's rebooted aid scheme gets warm reception
▼ + stars: | 2023-04-11 | by ( Joan Faus | ) www.reuters.com time to read: +6 min

Madrid will launch a new, more flexible version of the PERTE scheme around July, worth 2 billion euros ($2.2 billion) after last year's initial funding round flopped, with only 27% of an earmarked 2.9 billion euros allocated. Stellantis already manufactures EVs in Spain and received 67 million euros from the first PERTE, but could request more funds to boost production. Griffiths said using the EU funds is "essential" for Spain's future as some investments would otherwise be non-viable. Unlike Germany, Europe's leading car producer, Spain lacks a domestic manufacturer to champion the EV cause. In last year's PERTE round, VW-SEAT received the highest payout, of 357 million euros, but had hoped for more.

☆ The 'mammoth meatball' grown in a lab probably doesn't taste like woolly mammoth at all
▼ + stars: | 2023-04-11 | by ( Morgan Mcfall-Johnsen | Kelsey Vlamis | ) www.businessinsider.com time to read: +7 min

It probably doesn't taste like woolly mammoth, a meat specialist and mammoth DNA researcher said. The Belgian startup Paleo says it added woolly mammoth myoglobin to a plant-based burger. The mammoth meatball doesn't have either of those elements from woolly mammoth. Mammoth myoglobin doesn't necessarily bring mammoth flavorThough he didn't taste it, Ryall said everyone could smell the meatball while it was cooking. So why make a mammoth meatball that doesn't taste like mammoth?

As of March 15, short interest against Tattooed Chef rose nearly 4% to 17.1 million shares, which is about 35% of the total float, according to FactSet data. The percentage of float refers to the number of shares that are sold short divided by the the total number of shares available for trading. Short interest in another plant-based food company, Beyond Meat, remained elevated even after falling slightly by 2.5% to around 21 million shares. Other companies that saw a surge in short interest this month include a number of biotech companies. In the first half of March, investors increased their bets against Allogene Therapeutics by about 8% to 39.8 million shares, or about half its total float.

☆ Uber Eats is cracking down on an explosion of 'ghost' menus, where restaurants feature the same food under as many as 20 different brands
▼ + stars: | 2023-03-27 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Uber Eats has new rules for delivery-only brands on its app, the Wall Street Journal reported. Those restaurants represent about 13% of all virtual brands on Uber Eats, according to the Journal. Uber Eats offers food from roughly 40,000 virtual brands, up from 10,000 in 2021, according to the Journal. Some restaurants, such as Denny's, use virtual brands to offer items that aren't on the menu at their physical restaurants. Uber Eat's new requirements are part of a broader set of rules for virtual brands that the company plans to roll out this week, Uber told Insider.

☆ Alcaraz dominates Lajovic, Andreescu breezes past Kenin in Miami
▼ + stars: | 2023-03-26 | by ( Amy Tennery | ) www.reuters.com time to read: +3 min

[1/4] Mar 26, 2023; Miami, Florida, US; Carlos Alcaraz (ESP) hits a forehand against Dusan Lajovic (SRB) (not pictured) on day seven of the Miami Open at Hard Rock Stadium. Mandatory Credit: Geoff Burke-USA TODAY SportsMarch 26 (Reuters) - Carlos Alcaraz swatted aside Serbian Dusan Lajovic 6-0 7-6(5)to keep his title defense on track at the Miami Open on Sunday, as Canadian Bianca Andreescu cruised past American Sofia Kenin in straight sets. "Everything was under control," said Alcaraz, who greeted the Miami Heat's six-time NBA All-Star Jimmy Butler courtside after the match. Former U.S. Open champion Andreescu harnessed her mighty serve to topple Kenin 6-4 6-4, sending over seven aces as the 2020 Australian Open winner failed to mount much of a defense after an early exit from Indian Wells. Later on Sunday, second-seeded Australian Open champion Aryna Sabalenka plays 31st seed Marie Bouzkova and last year's twice Grand Slam runner-up Casper Ruud, seeded third, plays the Netherlands' Botic van de Zandschulp.

☆ VW aims to produce 3 mln small EV cars in 2025-2030 in Spain, SEAT chief says
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Imelda MedinaBARCELONA, March 22 (Reuters) - German carmaker Volkswagen (VOWG_p.DE) plans to produce 3 million small electric vehicles at its two plants in Spain between 2025 and 2030, Wayne Griffiths, the chairman of VW's Spanish unit SEAT, said on Wednesday. The German car maker is pushing the electrification of its production and plans to build a battery plant in Spain. Griffiths said SEAT aims to assemble 500,000 electric cars a year in the medium-term at SEAT’s plant in Martorell, outside Barcelona. Not cutting jobs at the plant is SEAT's priority, he added. Reporting by Joan Faus and Inti Landauro; editing by Emma Pinedo and Jason Neely, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "EAT's"

25 mentions found