Kraft’s Canadian grated cheese lines are among the businesses going to Lactalis for US$3.2 billion. (KraftWhatsCooking.ca)

Kraft Heinz to sell several cheese businesses to Lactalis

Canadian grated cheese lines among assets going for US$3.2 billion

Chicago | Reuters — Kraft Heinz said on Tuesday that it will sell several of its cheese businesses to a U.S. affiliate of France’s Groupe Lactalis for US$3.2 billion. After weak sales results and several billion-dollar writedowns over the past two years, there has been market speculation about which categories Kraft Heinz will offload from […] Read more




File photo of Cong Peiwu, China’s ambassador to Canada, speaking at the Chinese Embassy in Ottawa on Nov. 22, 2019. (Photo: Reuters/Blair Gable)

U.S. is ‘trouble maker’ in China-Canada relationship, envoy says

No word on whether China would retaliate against Canada over latest court decision

Ottawa | Reuters — The United States is using the case of a senior Chinese telecoms executive who was arrested in Vancouver on a U.S. warrant 18 months ago to create friction between China and Canada, China’s envoy to Canada said on Thursday. “The U.S. has been taking advantage of Canada, and the U.S. is […] Read more



(Lentils.ca)

India reduces tariffs on lentils

Reduction set for all lentil imports except from U.S.

MarketsFarm — India is temporarily reducing import tariffs on lentils originating from most countries. The India government’s Central Board of Indirect Taxes and Customs on Tuesday posted “Notice 26/2020-Customs,” which lowers import taxes on most lentils entering the country, from 30 per cent to 10 per cent. The reduction, which takes immediate effect, runs until […] Read more


(Gassen/iStock/Getty Images)

China tells state firms to halt purchases of major U.S. farm products

Purchases of soybeans, pork, corn, cotton on hold

Beijing/Singapore | Reuters –– China has told state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special treatment for Hong Kong to punish Beijing. Large-volume state purchases of U.S. corn and cotton have also been put on hold, […] Read more