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Drought threatens French sugar beet crop with no rain in sight

By Sybille de La HamaideA prolonged drought is threatening sugar output in France, the EU's largest producer, with no rain forecast in key beet regions over the next two weeks, growers said, as concerns over European crops fuel a rally in sugar prices.White sugar ICEUS:SF1! has gained nearly 10% in…

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Futures
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Russia's Sberbank to revise risk and corporate lending forecasts, CFO says

Russia's largest bank Sberbank RUS:SBER will revise its 2026 risk cost forecast and lower its forecast for corporate lending growth, Chief Financial Officer Taras Skvortsov told Reuters on Wednesday.Skvortsov said in an interview that a deterioration in the quality of corporate loans was cause for…

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JPMorgan appoints Rahul Badhwar as senior country head for India

JPMorgan NYSE:JPM on Wednesday named Rahul Badhwar as senior country officer for India, according to a statement.Badhwar was previously the global head of corporate sales, markets and securities services at HSBC LSE:HSBA. He will report to Sjoerd Leenart, the CEO for Asia Pacific at JPMorgan.In Mar…

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Vietnam electronics retail chain Dien May Xanh raises around $505 million from IPO

Vietnamese electronics retail chain Dien May Xanh, a unit of retail giant Mobile World Investment Corp. HOSE:MWG, raised around $505 million in its initial public offering this year, a company filing on Wednesday showed, marking one of the largest listings in Vietnam in the past two years.($1 = 26…

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Middle East Crude-Dubai discount widens as supply pressure persists

Middle East crude benchmark Dubai's discount widened on the first trading day of July, with the market remaining under pressure amid ample supply.Producers in the Middle East have offered more crude to the market recently. The United Arab Emirates boosted crude oil and condensate exports to a recor…

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Futures

Youth, task forces and AI debt - notes from the week: Mike Dolan

By Mike DolanIn a week of reflection on both a mad first half of 2026 and the 250th anniversary of the U.S., the political and economic news flow has remained relentless, even if it has lately been drowned out by an AI investment frenzy that has shifted this year from the big spenders to the chipma…

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Economy
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Alberta's separatism debate jostles summer rodeo scene

By Amanda Stephenson and Timon JohnsonCanada's world-famous Calgary Stampede kicks off on Friday, but a push by Alberta separatists to begin the process of splitting from the country is casting a shadow over the festivities and spurring division at rodeos across the oil-rich province.Alberta reside…

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