According to reports quoting trade sources, India exported a record 1.4 million tonnes of wheat in April, bringing some relief to grain markets as buyers hunt for alternatives to Black Sea supply hit hard by the Ukraine conflict. The first month… Read More ›
Malaysia’s commodities ministry has proposed halving the export tariff on palm oil to help alleviate a worldwide edible oil shortfall and boost the country’s market dominance. In an interview with Reuters on Tuesday, Plantation Industries and Commodities Minister Zuraida Kamaruddin… Read More ›
In a statement the US Federal Aviation Administration (FAA) said, it had “shifted course on its approach to approving pilots of future electric vertical takeoff and landing aircraft (eVTOL)”, but does not expect delays in certification or operational approvals. eVTOL… Read More ›
On Wednesday, Siemens Energy warned of increased sales and margins pressure due to worsening problems at its wind turbine division Siemens Gamesa, which has been hit hard from supply chain disruptions. Results at Siemens Gamesa, which in January issued its third profit… Read More ›
Military analysts have spotted a vessel at a Chinese shipyard using satellite images and have opined that it could be a new or upgraded class of nuclear-powered attack submarine. The development comes in the wake of a report from the… Read More ›
In a statement on Wednesday, Philip Morris International Inc said, it was making a cash offer to acquire Swedish tobacco and nicotine products maker Swedish Match for 106 Swedish crowns per share. The value of the offer for Swedish Match, a Stockholm-listed… Read More ›
On Wednesday, New Zealand’s Prime Minister Jacinda Ardern said, Wellington will fully reopen its international borders from July 31; it will also allow cruise ships to dock at its port from then on. The opening of international borders at the… Read More ›
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