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...PDD is known to be minimally communicative as far as the business is concerned. They've yet to break out any kind of financial detail on, for example, Temu versus the domestic business....
...“As long as these Russian barrels are below the cap, these trading houses are doing nothing wrong,” she says. “It’s Washington’s price cap plan in action.”...
...In 2022 he incorporated another electronics and scrap metals trading company which describes itself as a “global trading and logistics leader”....
...And in most cases, those companies didn’t exist before the war started. They’ve been incorporated in the last 18 months and we really still know very little about them....
...“Been there, was doing just that” Tencent and Alibaba executives might reply. As for Kweichow Moutai, it too might soon discover that its fortunes ultimately hinge on one man’s whims....
...“Same problem — even if you solve the logistics, it’s $100 a ton more expensive,” he says, growing frantic as he recounts the different ways he tried to make the business work by shipping steel and ore via...
...“It’s a total mess,” said Andrey Sokolov, a partner in Tully Logistics, a local services company that has been helping exporters book space on vessels loading in Danube ports such as Reni, near the Romanian...
...Stavnitser, who cut his teeth working as a ship dispatcher before taking over the family business, calculates 20mn tonnes of grain, worth close to $10bn, is stranded in Ukrainian ports and stores....
...Brown’s Blossom Capital, which has also backed fast-growing online payments company Checkout.com, joined Dija’s £20m fundraising last year before the company had even been incorporated, partly on the strength...
...Investors in logistics “are back with a vengeance” said one company chief....
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...As chief justice of Delaware’s supreme court until last year, Mr Strine held sway over the state where most US companies are incorporated, while Mr Lipton has been campaigning against corporate short-termism...
...Miami, officially incorporated as a city in 1896, may already be past midlife. It could thrive for a few more decades as a disposable playground for rich people with a short-term property market....
...The next wave of start-ups has focused on ancillary services such as payments, logistics and advertising technology....
..., especially in sectors such as retail and logistics....
...The spectacle in 2017 of Japan Post announcing a loss for its first full year as a listed company after a huge writedown on its 2015 purchase of Australian logistics group Toll was chilling....
...Guilherme Quintella is the chief executive of Estação da Luz Participações, a logistics infrastructure company that is part of the consortium of grain-trading groups that is bidding to build the Ferrogrão...
...We are doing something similar in the grains platform. Large investments connecting especially the Black Sea with the north of Africa. We have investments both at origin and destination....
...Marketing is Glencore’s most consistent business — its main source of cash — and sets it apart from its mining peers. Marketing will also fund most of the company’s dividend payments from 2018....
...As he sees it, this is solving the “core problem” of North American logistics. “It is really hard to get people to live in a truck,” he explains....
...In Weekend FT Lucy Kellaway has lunch with the first woman appointed as chief executive of a major international energy company....
...The granaries in the capital overflow and the grain goes bad and cannot be eaten.”...
...“I very much believed in what the business could yield if it was managed properly as a speciality business.” Maviga now has average trading margins of about 6 to 7 per cent....
...“We have it all,” he declared at the company’s annual meeting in May. “We are the only company that has the mining and marketing and a vast array of assets . . . grain, oil and mining.”...
...An unexpected wave of self-employed incorporated businesses was generated in 2002 as an unintended consequence of Gordon Brown’s tendency to fiddle with corporate tax rates for small companies....
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