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Primark owner AB Foods expects lower annual profit as sugar weighs

By James DaveyPrimark owner Associated British Foods LSE:ABF said on Wednesday it still expected annual profit to come in below last year's level, with its sugar business loss-making amid a further deterioration in trading conditions.The group, which confirmed in April it plans to spin off the Prim…

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StocksGB
reuters

India's IndiGo launches cheaper tickets for passengers with cabin baggage only

Indian airline IndiGo NSE:INDIGO said on Wednesday it has introduced lower fares for passengers travelling with only cabin baggage, as carriers seek to unbundle services to lower ticket prices.Last month, rival Air India also introduced a basic economy fare without complimentary meals for "price-co…

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StocksIN

Palm rises on firmer Chicago soyoil, weak ringgit

Malaysian palm oil futures traded higher on Wednesday, reversing early losses as firmer Chicago soyoil and a weaker ringgit supported the market.The benchmark palm oil contract (FCPOc3) for September delivery on the Bursa Malaysia Derivatives Exchange rose 29 ringgit, or 0.64%, to 4,575 ringgit ($1…

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ForexFutures
reuters

UK's Monks Investment Trust NAV return rises 29.3%

OverviewOutlookResult DriversCompany press release:Key DetailsFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

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ETFs
NEWS reuters

Investors have regained appetite for Zambia after default, Citi says

By Colleen GokoZambia's mining, energy and agriculture sectors have drawn significant investor interest as the government's fiscal consolidation gains traction after emerging from a sovereign default, said Citi's country chief."We have noted increased interest, especially when we have seen signific…

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Bonds