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Chobani Announces Food Incubator Participants

Tea, hummus and allergen-free baking ingredients are among the products developed by the startups chosen to be part of the fall Chobani Incubator program for food and beverage entrepreneurs. The company also will mentor two food tech companies in its inaugural tech residency program. Since 2016, the Chobani Incubator program has helped entrepreneurs that are “disrupting and improving high-potential food categories,” the company said in a statement. Alumni have also launched over 30 new SKUs and several have achieved successful rebrands, the company said.

Amazon Launches in Turkey

ISTANBUL (Reuters) - Amazon.com Inc said on Wednesday it had launched activities in Turkey, offering products across 15 categories to customers across the country. “We are committed to building our business in Turkey in the coming months by expanding our selection and delivery options,” Sam Nicols, country manager for Amazon.com.tr said in a written statement.

Goldman Fund Buys Turkey, Argentina Debt, Says Rout Overdone

Goldman Sachs Asset Management is buying Turkish and Argentinian government debt as it bets on the worst-performing emerging markets to offer some of the more profitable bond trades this year. The money manager has taken an overweight position in the two nations’ dollar bonds, according to Philip Moffitt, Asia-Pacific head of fixed income at Goldman Sachs Asset Management. The rationale: these notes have been “decimated” by investors fleeing a rout in emerging markets even though the two nations’ finances remain robust.

  • Published in Turkey
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