Bloomberg Business

Tiger Brands Surges Most in 25 Years After Replacing CEO

Tiger Brands Ltd. shares jumped the most in 25 years after South Africa’s biggest food producer by market value replaced its chief executive officer with an ex-leader of local rival Premier Foods Ltd.

Korea to Seek Alternative Graphite Source if Shortage Hits

South Korea’s trade minister said his country is prepared to look for alternative sources of graphite if China’s newly strengthened export controls on the key material used in electric-vehicle batteries cause a severe shortage.

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