Chinese glass producer, Xinyi Glass Holdings Ltd, has committed to investing $11.5 billion to build a quartz sand processing plant in Indonesia, an Indonesian minister said on Friday.
Chemical maker Coromandel International is betting its drone startup Dhaksha will help Indian farmers cope with an ongoing labour shortage in the agriculture sector, a top executive told Reuters on Friday.
Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) bought an estimated 68,000 metric tons of animal feed corn in an international tender for up to 138,000 metric tonnes on Friday, European traders said.
Adidas will sell more of its stocked-up Yeezy products in August, it said on Friday, and reiterated a pledge to donate part of the proceeds to groups fighting discrimination and hate.
Chemical maker Coromandel International is betting its drone startup Dhaksha will help Indian farmers cope with an ongoing labour shortage in the agriculture sector, a top executive told Reuters on Friday.
Five European industry associations asked the London Metal Exchange (LME) to ignore calls to ban Russian aluminium from its system, they said in a joint statement on Friday, adding that such a move would damage smaller metal users in Europe.
Adidas on Friday announced it would sell more of its stocked up Yeezy products in August and donate a sizeable amount to organisations fighting discrimination and hate, after the sportswear giant abandoned its collaboration with rapper Ye.
French food ingredient maker Roquette said on Friday it had signed an agreement to buy Japanese drug capsule maker Qualicaps from Japan's Mitsubishi Chemical.
Norway and Finland face record outbreaks of bird flu this year which have killed thousands of seagulls and other species, put livestock at risk and restricted travel in some areas, officials said.
India's LT Foods, which sells Daawat basmati rice, reported a 53% surge in quarterly profit on Friday, helped by robust demand for its packaged rice and strong export prices.
Russia will get buyers of its farm exports to pay in roubles rather than dollars as a way to circumvent western sanctions, Deputy Prime Minister Viktoria Abramchenko said on Friday.
Vegetable prices in India are set to stay higher for longer, as erratic monsoon rains delayed planting and damaged ripening crops, farmers and traders said.
Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up to 138,000 metric tons of animal feed corn to be sourced from optional origins, European traders said on Friday.
British Airways-owner IAG's quarterly profit beat analyst forecasts by 40% and it said it was encouraged by the outlook for the summer as demand for leisure travel remains strong.
Sales at Birkin bag maker Hermes accelerated in the second quarter, lifted by continued growth in the United States and a sharp acceleration in China, showing the resilience of global demand for the group's high-end leather goods despite a clouded economic backdrop.
Air France-KLM on Friday reported bigger-than-expected quarterly earnings, boosted by an increase in the number of passengers carried between April and June, while the situation at airports is much better this summer after strikes and staff shortages last year.
European stocks may manage to emerge from this earnings season in the black, despite China's faltering economy and persistent global inflation, as expectations are so low that investors are likely to warmly welcome any positive surprises.
Prices of most nonferrous metals rose on Friday, with copper set for a weekly gain, as hopes for a demand recovery boosted by stimulus in China offset a jump in the U.S. dollar.
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