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Czech ministry proposes ending fuel price cap as situation improves

The Czech Finance Ministry on Monday proposed ending a capping mechanism for retail automotive fuel prices, and ending a fuel excise tax discount from July 20 as the market situation improves, the ministry said.The two measures were introduced in April to reduce the impact of oil price surges follo…

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EconomyFutures
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Sri Lanka stock market closed on June 29

Sri Lanka's stock market was closed on June 29, Monday, for a local holiday. Trading will resume on June 30, Tuesday.Sri Lanka's benchmark stock index closed higher last Friday, led by gains in communication services and IT stocks. (LK/STX)

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index
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Fortune Brands appoints Jesse Singh as CEO, sources say

By Abigail SummervilleBuilding products supplier Fortune Brands Innovations (FBIN) has appointed Jesse Singh as its next chief executive officer, people familiar with the matter told Reuters on Monday.Singh will start on Monday and most recently, he served as CEO of outdoor living products maker Th…

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StocksUS
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Taiwan suspends top trade negotiator after bullying probe

Taiwan Premier Cho Jung-tai on Monday suspended Taipei's top trade negotiator Yang Jen-ni after an investigation found that she had engaged in workplace bullying of her late deputy.Last week, an investigative committee carried out by one cabinet member and four external members found that Yang had…

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Rig explosion in Venezuela leaves at least 8 workers injured, sources say

An explosion at a rig operated by state-run oil company PDVSA in Venezuela's Apure state left at least eight workers injured late on Sunday, sources said on Monday.The people were transported to neighboring Colombia for medical assistance, according to the sources and videos on social media. PDVSA…

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Futures