Indonesia's exports of Sumatra robusta coffee beans fell to 18,072.4 metric tons in May, a 22.18% decrease from a year earlier, local trade office data showed on Wednesday.On a monthly basis, shipments rose 129.8% from the 7,862.8 tons exported in April.
By Johann M CherianEuropean shares slipped on Wednesday, as signs that peace talks between Iran and the United States hit a new stalemate spurred caution after a strong finish to the second quarter.The pan-European STOXX 600 index TVC:SXXP slipped 0.1% to 640.79 points by 0825 GMT after logging its…
European Central Bank policymaker Joachim Nagel said that inflation is still too high, the Frankfurter Allgemeine newspaper reported on Wednesday.Nagel added that there are barely any second-round effects resulting from the rise in energy prices in Germany.
MODERN SEWING CO (IMOS.ISX):
India's Axis Finance (ASFP.UL) plans to raise up to 6 billion rupees ($63.14 million), including a greenshoe option of 5 billion rupees, through the sale of bonds maturing in three years and one month, three bankers said on Wednesday.It will pay a coupon of 7.81% and has invited commitment bids for…
Central European currencies were a touch weaker on Wednesday, with markets assessing the outlook for interest rates in the region after inflation in Poland surprised on the downside.Traders also awaited signals on U.S. monetary policy later in the day, with Federal Reserve Chair Kevin Warsh appeari…
Associated British Foods LSE:ABF:
By Christoph Steitz and Rachel MoreVolkswagen's XETR:VOW plans to drastically ramp up cost cuts are a "wake-up call" for the European automotive industry as Chinese carmakers target a higher market share, BYD's SZSE:002594 special advisor for the region said on Wednesday.Hit by tariffs, rising cost…
British manufacturing activity cooled in June despite a boost to output from stockpiling ahead of price hikes and supply chain problems stemming from the Middle East conflict, a closely watched industry survey showed on Wednesday.The final version of S&P Global's UK Manufacturing Purchasing Manage…
European spot power price fell on Wednesday as wind power production is seen rising.
Euro zone manufacturing output ended its best quarter since early 2022 last month with easing cost pressures as the U.S. and Iran negotiated a ceasefire giving relief to factories even as sluggish export demand weighed on activity growth, an S&P Global survey showed on Wednesday.The Middle East con…
Xiamen Tungsten Co Ltd SSE:600549:
BAGHDAD HOTEL (HBAG.ISX):
JERA, Japan's top power generator, on Wednesday said it has set up a new unit in Singapore to integrate strategy planning, procurement and investments across its liquefied natural gas and low-carbon fuel value chains amid volatile global markets.The Singapore-based company, JERA Global Energy Solut…
India's Poonawalla Fincorp NSE:POONAWALLA plans to raise up to 7.5 billion rupees ($79.00 million), including a greenshoe option of 5.25 billion rupees, through the sale of bonds maturing in two years and four months, three bankers said on Wednesday.It will pay a coupon of 8.0568% and has invited c…
Hyundai Motor Co KRX:005380:
CAUTIOUS START TO THE QUARTERAfter hitting its latest record high on Tuesday, Europe's STOXX 600 TVC:SXXP nudged lower on Wednesday as worries over the prospect of lasting peace between the U.S. and Iran and questions about the interest rate outlook kept investors on edge.Traders will therefore clo…
The head of Dassault Aviation EURONEXT:AM said on Wednesday he hoped to receive a development contract for the planemakeer's upcoming Rafale F5 fighter version by the end of the year."We are studying the F5 with our partners now, which should entail a development contract by the end of the year, if…
