The CEO of Suedzucker, Europe's largest sugar refiner, on Wednesday reaffirmed expectations of higher full year profits despite the impact of the war in Ukraine with expectations higher energy and raw materials costs will be passed on through higher prices.
Indonesia will start exporting chicken to Singapore this week, its agriculture ministry said, with the aim to plug an ongoing shortage in the city-state following a ban on exports from key supplier, Malaysia.
South Africa have withdrawn from the one-day international series with Australia in January after host board Cricket Australia (CA) was unable to accommodate a request to reschedule.
European shares slipped on Wednesday, as investors awaited data for U.S. inflation, expected to hit 40-year highs, cementing the case for a large interest rate hike by the Federal Reserve, and possibly pushing the euro to parity with the dollar.
Triple Olympic medal winner Sifan Hassan will not be chasing hattrick of titles at the World Athletics Championship in Eugene, Oregon, but rather add only one other event to her bid to win the 5,000 metres world title.
Britain's economy grew unexpectedly in May, driven by a rise in doctor appointments but also broader demand for things such as holidays, according to data that could reassure the Bank of England about its plans to keep on raising interest rates.
China's June copper imports rose 15.5 % from a month ago to 537,698 tonnes, customs data showed on Wednesday, after demand picked up following the lifting of COVID-19 lockdowns that had hurt manufacturing activity.
Japan-based Mitsubishi UFJ Financial Group Inc (MUFG) is considering a bid for Bank Pan Indonesia Tbk PT (Panin Bank), Bloomberg News reported (https://bloom.bg/3Rxpq7h) on Wednesday, citing people familiar with the matter.
Hungarian Prime Minister Viktor Orban has convened a cabinet meeting on Wednesday to discuss supply problems affecting the European energy market, state news agency MTI cited Orban's press chief as saying.
Austria is seeking support from other European Union countries for its legal challenge to the bloc's rules labelling investments in gas and nuclear power plants as climate-friendly, the climate minister said on Wednesday.
Scandinavian airline SAS and unions representing pilots on strike are resuming talks at 0800 GMT on Wednesday in the Swedish capital, mediator Jan Sjolin said.
(RTTNews) - Asian stock markets are trading mixed on Wednesday, following the broadly negative cues from Wall Street overnight, dragged by weakness in materials and energy stocks on potential drop in demand amid concerns about the emergence of a new, more infectious COVID-19 stra
Several Chinese cities broke new records for high temperatures on Tuesday as scorching heat and contrasting relentless rains wreaked havoc, with local forecasters expecting the weather extremes to linger for days.
The euro hovered a whisker above parity on the dollar on Wednesday ahead of U.S. inflation data, with traders wary a sky-high reading could force it to lows not seen in decades.
The New Zealand dollar failed to get a lift on Wednesday after the country's central bank hiked rates as expected and mostly stuck by its hawkish outlook, while the Australian dollar remained at the mercy of global recession fears.
Malaysian palm oil futures dropped more than 4% on Wednesday, down for a second consecutive session, dragged by a plunge in rival Dalian oils and further weighed down by weak July exports.
New Zealand's central bank delivered its sixth straight interest rate hike on Wednesday and signaled it remained comfortable with its planned aggressive tightening path as authorities seek to reduce second-round effects of runaway inflation.
Gold prices steadied near a more than nine-month low on Wednesday, as cautious investors awaited monthly U.S. inflation data for cues on the road ahead for the Federal Reserve's monetary policy.
Asian stocks gained on Wednesday, taking back some of their recent losses, while the euro hovered just above parity against the dollar ahead of a highly anticipated U.S. inflation report later in the global day.
(RTTNews) - Indian shares look set to open a tad higher on Wednesday as investors react to positive economic data and a slump in oil prices on demand worries.
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