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 2022-06-29 08:32 

Reuters

Making sense of analyst ideas ahead of USDA's acreage report...

Predicting U.S. farmers' plantings of corn and soybeans has proven tough for traders in recent years, as several large misjudgments have caused big moves in already-volatile Chicago futures....

 2022-06-29 08:27 

Reuters

Italian Design Brands preparing Milan IPO to fund growth...

Italian Design Brands (IDB) has kicked off the process for a initial public offering with the aim to list on the Star segment of the Euronext bourse in Milan, it said in a statement on Wednesday....

 2022-06-29 08:26 

Reuters

Fed's Mester backs 75 bps hike in July if economic conditions remain same - CNBC...

Cleveland Federal Reserve Bank President Loretta Mester told CNBC on Wednesday if economic conditions remain the same, she will advocate for a 75 basis points (bps) hike in interest rates at the U.S. central bank's next monetary policy meeting in July...

 2022-06-29 08:24 

Reuters

TotalEnergies, MOL Group complete first ship refuelling with biofuel in Singapore...

Mitsui O.S.K. Lines, Ltd. (MOL) and TotalEnergies Marine Fuels have completed the first refuelling of a ship with biofuels in Singapore, the shipping company said on Wednesday....

 2022-06-29 08:23 

Reuters

Police in northwest India ban public gatherings, suspend internet after Hindu slain...

Fearing outbreaks of religious violence, police in the Indian state of Rajasthan banned public gatherings and suspended internet services a day after two Muslims posted a video claiming responsibility for slaying a Hindu man....

 2022-06-29 08:20 

Reuters

Tianqi Lithium aims to raise up to $2 bln in Hong Kong listing -sources...

China's Tianqi Lithium Corp will sell its shares for between HK$69 and HK$82 each when it opens the books for a Hong Kong listing worth up to $2 billion on Thursday, according to two sources with direct knowledge of the matter....

 2022-06-29 08:17 

Reuters

Euro zone corporate lending continued to surge in May...

Bank lending to euro zone companies continued to surge in May, European Central Bank data showed on Wednesday, suggesting that firms may be stocking up on funding before the ECB's interest rates rise later this year....

 2022-06-29 08:10 

Reuters

[ World ]

Sterling near one-week low vs dollar, eyes on BoE's Bailey | Reuters...

Sterling wavered near one-week lows against the dollar on Wednesday as concerns about slowing economic growth and political risks lingered a day after Scotland proposed an independence referendum....

 2022-06-29 08:09 

Reuters

[ World ]

OPEC+ begins policy debate as capacity constraints loom | Reuters...

OPEC and OPEC+ begin a series of two-day meetings on Wednesday with sources saying chances of a big policy change look unlikely this month....

 2022-06-29 08:09 

Reuters

[ World ]

China removes indication of travel through COVID-hit cities on mobile app | Reuters...

A state-mandated Chinese mobile app that shows whether or not an individual has travelled in a city with COVID-affected areas will no longer specify such travel history, the Ministry of Industry and Information Technology said on Wednesday....

 2022-06-29 08:07 

Reuters

Volkswagen CFO: optimistic on sales for second half of the year...

Volkswagen is optimistic about the second half of the year in terms of sales, its Chief Financial Officer Arno Antlitz said on Wednesday....

 2022-06-29 08:06 

Reuters

Sweden, Finland on course to join NATO as Russia, China focus allies...

Sweden and Finland on Wednesday looked set for fast-track membership of NATO after Turkey lifted a veto on them joining, while concerns about Russia and China are pushing the U.S.-led alliance to approve a broader strategy for the next decade....

 2022-06-29 07:59 

Reuters

Israeli soldiers kill Palestinian gunman in West Bank clash...

Israeli soldiers shot and killed a Palestinian man in the occupied West Bank city of Jenin on Wednesday, Palestinian officials said, in the latest in a series of clashes....

 2022-06-29 07:56 

Reuters

Rouble rises towards 50 vs dollar, first time since May 2015...

The Russian rouble rallied on Wednesday to its strongest levels in more than seven years, nearing 50 against the dollar for the first time since May 2015....

 2022-06-29 07:51 

Reuters

Sweden's Sandvik to wind down Russia business, book $98 mln charge...

Swedish engineering group Sandvik will wind down its operation in Russia and book a non-recurring charge of 1 billion Swedish crowns ($98.3 million) in its second-quarter earnings report, the company said on Wednesday....

 2022-06-29 07:51 

Reuters

BOJ may need to adjust yield cap if inflation overshoots - ex c.bank official...

The Bank of Japan (BOJ) may need to adjust its ultra-easy policy if inflation keeps exceeding its forecast, such as by replacing its yield cap with a looser reference range for long-term interest rates, a former central bank executive said on Wednesday....

 2022-06-29 07:49 

Reuters

Renewable power group Opdenergy plans to raise up to 200 mln euros in IPO...

Renewable power company Opdenergy on Wednesday announced plans to launch an initial public offering (IPO) to raise up to 200 million euros ($209.80 million) to finance its business plan up to 2025, in what will be Spain's first flotation this year....

 2022-06-29 07:48 

Reuters

Scotland's Sturgeon says mandate for independence vote stronger than it was for Brexit vote...

Scotland's First Minister Nicola Sturgeon said on Wednesday that there was a stronger mandate for a Scottish independence referendum than there ever was for Britain's 2016 vote on whether to leave the EU....

 2022-06-29 07:45 

UPI

Officials: 51 migrants abandoned in tractor-trailer have died...

Fifty-one migrants who were found in the back of a sweltering tractor-trailer that was abandoned by the side of a San Antonio road have died, officials said, increasing the death toll from 46 a day prior....

 2022-06-29 07:41 

Reuters

Spain's Sanchez says Russia to be named main threat to NATO...

Spanish Prime Minister Pedro Sanchez, the host of this week's NATO summit, told Cadena Ser radio on Wednesday that Russia will be identified as NATO's "main threat" in its new strategic concept, as opposed to a strategic partner previously...

 2022-06-29 07:39 

Reuters

NATO allies to send weapons to Kyiv for as long as necessary - Germany's Scholz...

NATO allies will continue to supply Ukraine with weapons in its war against Russia for as long as necessary, German Chancellor Olaf Scholz said in Madrid on Wednesday....

 2022-06-29 07:35 

Reuters

World Bank to give Egypt $500 mln to boost food security -statement...

The World Bank has agreed to provide Egypt with $500 million in development funds to boost food security amid the fallout from the coronavirus pandemic and the war in Ukraine, Egypt's international cooperation ministry said on Wednesday....

 2022-06-29 07:35 

Reuters

UK economy faces double threat of inflation surge, recession risk...

Britain's economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the Bank of England in a dilemma about how much further it should raise interest rates....

 2022-06-29 07:34 

Reuters

Hyundai Oilbank receives preliminary approval for IPO -Korea Exchange...

South Korean refiner Hyundai Oilbank Co Ltd has received preliminary approval for its planned initial public offering (IPO), the Korea Exchange said on Wednesday....

 2022-06-29 07:30 

Reuters

Spain retail sales rise 1.4% y/y in May...

Spanish retail sales rose by 1.4% in May from a year earlier on a calendar-adjusted basis, after rising 1.6% in April, the National Statistics Institute (INE) said on Wednesday....

 2022-06-29 07:28 

Reuters

S&P upgrades Chinese developer Greenland days after cutting to 'selective default'...

S&P Global Ratings raised Greenland Holdings Corp Ltd by one notch to "CCC" on Wednesday, after the Chinese state-backed property developer completed a one-year maturity extension on $500 million in senior unsecured notes....

 2022-06-29 07:26 

Reuters

Economic slowdown fears pull FTSE 100 lower...

UK's top share index slipped from two-week highs on Wednesday, echoing sharp losses in Asian equities and Wall Street overnight, as weak U.S. consumer confidence data revived fears about a recession in the world's largest economy....

 2022-06-29 07:20 

Reuters

European stocks lose ground after three-day rally on recession fears...

European shares fell on Wednesday, as fears about a global recession overshadowed recent optimism about China reopening, with investors looking ahead to a meeting of major central bank heads for clues on policy outlook....

 2022-06-29 07:14 

Reuters

French Finance Minister: energy and transport firms must do more to ease inflation pain...

French Finance Minister Bruno Le Maire said companies in the energy and transport sectors should do more to return a part of their profits to help customers cope with inflation....

 2022-06-29 07:12 

Reuters

[ World ]

S.Korea approves first domestically developed COVID vaccine | Reuters...

South Korea approved its first domestically developed COVID-19 vaccine, manufactured by SK bioscience Co Ltd , for general public use following positive clinical data, authorities said on Wednesday....

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