Rice export prices in India extended gains this week helped by a stronger rupee, while expectations of fresh supplies entering the market weighed on Thai rates along with muted demand across major paddy-growing countries.
British billionaire Dyson snaps up Singapore’s priciest penthouse
British billionaire and inventor of the bagless vacuum cleaner James Dyson has bought the most expensive apartment in Singapore, where his company plans to build an electric car.
Exclusive: Russian output falls to three-year low as oil rivals clash
Russian oil production fell close to a three-year low in early July, as output was undermined by a row between Russian oil pipeline monopoly Transneft and the country’s biggest producer Rosneft.
Swine fever in China among risks to food markets – FAO/OECD
The spread of a deadly pig disease in China that has disrupted the world’s biggest pork market is one of the major risks to a well-supplied global agricultural sector, the FAO and OECD said on Monday.
Lagarde ‘uniquely qualified’ to head ECB: Coeure
European Central Bank policymaker Benoit Coeure defended on Sunday the nomination of outgoing International Monetary Fund head Christine Lagarde to lead the ECB, calling her “uniquely qualified” after critics said she lacked relevant experience.
India to closely monitor shadow lending sector: Sitharaman
India will closely monitor its shadow lending sector, the finance minister said on Saturday, a day after announcing the RBI would get much more regulatory authority over non-banking financial companies (NBFCs).
Delayed Airtel Africa’s $4.4 billion Nigeria listing to go ahead on Monday
Airtel Africa aims to list on the Nigerian bourse on Monday, one of the financial advisors arranging the issue said, after the exchange postponed the listing which had been scheduled for Friday.
William Hill to shut 700 British betting shops after curbs
William Hill plans to cut about a third of its betting shops and jobs in Britain after the government slashed the maximum stake permitted on fixed-odds terminals, dubbed the “crack cocaine” of gambling by their critics.
Deutsche Telekom, Huawei customer, continues vendor review
Deutsche Telekom said it was continuing a review of its vendor strategy as it announced the limited launch of 5G services in its home market, where it has partnered with China’s Huawei Technologies in trial projects.
Bitcoin’s losses grow; recoils 30% from 2019 highs
Bitcoin skidded as much as 9% on Tuesday, falling below the $10,000 mark and pushing losses to over 30% since the original cryptocurrency hit an 18-month-high last week.