Grain trader Louis Dreyfus to cut costs in ongoing overhaul
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SAO PAULO/PARIS (Reuters) - Louis Dreyfus Company is making sweeping cost cuts, starting with travel, entertainment, hiring and salaries, as the 168-year-old agricultural commodities firm tries to revive dwindling profits.Global trade tensions and the African Swine Fever epidemic in Asia have piled pressure on grain trading firms as they try to emerge from a period of falling margins. Family-owned LDC, known as Dreyfus, is the "D" of the ‘ABCD’ quartet of global traders that also includes..