Vietnam lockdown leads to global coffee supply strain

Published

3 years ago

August 30, 2021

Vietnam’s recent lockdown has added supply chain concerns to the coffee industry

The exporting hub of Ho Chi Minh, otherwise known as Saigon, has been kept under tough travel restrictions after a surge in cases of the Delta variant of the coronavirus.

Vietnam is one of the major producers of robusta coffee beans, the bitter tasting bean used in instant coffee and some espresso blends.

Wholesale robusta bean prices have risen by about 50% so far this year

The lockdown of the South-Eastern city of Ho Chi Minh means Vietnam’s exporters are struggling to transport goods. including coffee beans, to ports for shipment around the world.

The travel restrictions present yet another problem to exporters already faced with a serious shortage of shipping containers and soaring freight costs.

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.