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Catherine HOURS AFP

Pernod says Brown-Forman talks 'ongoing' after reported rival offer

Pernod says Brown-Forman talks 'ongoing' after reported rival offer

French drinks giant Pernod Ricard said Thursday that talks to buy Brown-Forman, the US owner of Jack Daniel's whiskey, were continuing after reports of a rival American offer by Sazerac. Pernod unveiled in March talks for a "merger of equals" to create a global spirits

War's impact on fertilisers stirs food producer fears

War's impact on fertilisers stirs food producer fears

Even as Gulf tanker traffic slowly resumes, the road back to normal food production will be long and arduous, given the war's impact on fertiliser supplies, the UN has warned. With factories shuttered and soaring gas prices driving up production costs around the world, fertiliser prices have risen

War disrupts fertiliser supplies, puts food security at risk

War disrupts fertiliser supplies, puts food security at risk

With production in the Gulf countries at a standstill and gas prices rising, the war in the Middle East is disrupting the supply of fertilisers and posing risks for food security. A third of fertiliser shipped by sea comes from the region and cannot make it to the global market