Australia Set For 3rd Year Of Bumper Wheat Harvests, Easing World Supply Woes
By Naveen Thukral SINGAPORE (Reuters) – Australia is poised for a third year of near-record wheat production in 2022 as…
June 1, 2022
China EV Startups Say May Sales Up, Post-lockdown Output Constrained
(Reuters) – China’s electric vehicle start-ups reported stronger sales for May and forecast continued gains for June as supply chains…
What Is ONDC, India’s Project For An Open E-commerce Network?
NEW DELHI (Reuters) – India’s government in April launched its Open Network For Digital Commerce (ONDC) as a prospective alternative…
Facebook-owner Meta Platforms’ Sheryl Sandberg To Leave After 14 Years
By Katie Paul (Reuters) -Meta Platforms Inc Chief Operating Officer Sheryl Sandberg, whose close partnership with Chief Executive Officer Mark…
Who Is Javier Olivan, Meta’s Next COO?
By Sheila Dang and Katie Paul (Reuters) – Meta Platforms veteran Javier Olivan is taking over as the company’s chief…
Emerging Market FX Rallies Seen Short-lived Due To High Inflation: Reuters Poll
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – Battered emerging market currencies will struggle to hold on to recent…
South Korea May Factory Growth Slows As Output, Export Orders Shrink – PMI
SEOUL (Reuters) – South Korea’s factory activity growth slowed in May, as output and export orders contracted amid supply-chain disruptions…
Cotton Rally Squeezes Asian Garment Makers, Threatens Recovery From COVID
By Rajendra Jadhav, Ruma Paul and Ashitha Shivaprasad MUMBAI/DHAKA (Reuters) – A near doubling in benchmark cotton futures to 11-year…
Teetering On Default, Russia Misses $1.9 Million Payment, Committee Determines
By Rodrigo Campos and Jorgelina do Rosario NEW YORK/LONDON (Reuters) -Russia’s failure to pay $1.9 million in accrued interest on…
Dimon Says Brace For U.S. Economic ‘hurricane’ Due To Inflation
By Elizabeth Dilts Marshall and Niket Nishant (Reuters) – Jamie Dimon, Chairman and Chief Executive of JPMorgan Chase & Co…