Danone’s $12.5 billion purchase of WhiteWave, a soy and almond milk maker based in the United States, is an expensive way of buying growth. The French dairy group can get away with it because expanding outside of Europe looks attractive, and debt comes cheap.
from India Insight:
“Roti Bank,” or “bread bank,” is a year-old effort to provide free food to needy people in the Mahoba district of the Bundelkhand region of India, a place that is suffering from a prolonged drought and a decreasing supply of subterranean water. Reuters spoke to Tara Patkar about how the programme works. Here are the edited excerpts of the interview:
from The Great Debate:
A military can only project power as far as it can ship food to feed its hungry soldiers. The need for armies, both ancient and modern, to travel long distances to thwart enemies and take territory has made militaries one of the driving factors behind food science.
For all the measures India's central bank has taken to increase transparency in policy making, predicting rate moves by Governor Raghuram Rajan is still difficult.
from Photographers' Blog:
By Dominick Reuter
I should probably lead by saying this was NOT my idea.
I was checking in with the Reuters picture desk in Toronto about some of my images when an editor asked if I would be interested in a meal "courtesy of the Baron" (our affectionate term for Reuters).