Tag: Sugar

• Tuesday, January 31st 2012 - 05:22 UTC

  Brazilian company signs agreement to recover the defunct Cuban sugar industry

  

  Brazilian builder Odebrecht plans to produce sugar in Cuba, the company said on Monday as incentives for foreign investment in the Castro family’s regime raise hopes of a recovery in the once-booming sector after decades of decline.

• Wednesday, August 31st 2011 - 08:40 UTC

  Freezing weather reduces Brazil’s sugar crop estimate

  

  Sugar output in Brazil, the world’s largest producer and exporter, will unexpectedly fall this year after freezing weather pared crop yields, the Agriculture Ministry said on Tuesday.

• Saturday, May 8th 2010 - 06:01 UTC

  Cuban Sugar Crop Worst in a Century; Brazilian Investors Could Take over Industry

  

  The current sugar harvest is Cuba’s worst since 1905, according to Communist Party daily Granma. The news comes two days after President Raúl Castro fired the minister responsible for the area amid increasing rumours that foreign investors will be invited to take over the industry.

• Wednesday, May 5th 2010 - 01:27 UTC

  Cuba Fires Ministers, Considers Opening Sugar Industry to Foreign Investors

  

  Cuban President Raúl Castro replaced two high-level government ministers citing errors and incompetence, in the latest round of replacements at top-level government posts. There are also signs that Cuba might turn the sugar industry to foreign investment.

• Thursday, April 29th 2010 - 06:41 UTC

  Sugar Prices Fall on Prospects of Abundant Crops in Brazil and India

  

  Sugar fell in New York and London, reversing earlier advances, as an improved outlook for production in Brazil and normal rainfall in India outweighed concern that supplies will fall short.