An index of major crops has wiped out its 2024 loss as bad weather stokes worries about harvests from wheat to coffee, reviving concerns about rising food prices. from Bloomberg Markets https://ift.tt/SVvP6E7
Boeing said it would burn billions of dollars more than expected in the coming months and likely won’t generate cash for the full year, signaling the jet maker is struggling to contain the financial fallout from cascading production and supply-chain issues. https://www.wsj.com/business/airlines/boeing-says-cash-flow-is-worse-than-it-thought-0f2c954d
The Indian government bonds eligible for inclusion in the JPMorgan Chase & Co. index look poised to deliver their best monthly returns in nearly a year, helped by fresh foreign inflows and a record central bank payout. from Bloomberg Markets https://ift.tt/FsVad4c
Construction and trade prevented a recession in Germany at the start of the year, setting off a recovery that should eventually be led by consumers. from Bloomberg Markets https://ift.tt/3DaAYhM
Wood Group said the offer of 220 pence a share significantly undervalues the company and its growth prospects. https://www.wsj.com/articles/wood-group-knocks-back-sweetened-1-93-billion-bid-from-sidara-28686161
Hungary is working to “redefine” the country’s NATO membership status to allow for opt-outs should the military alliance undertake military actions outside of the defense alliance’s territory, Prime Minister Viktor Orban said. from Bloomberg Politics https://ift.tt/OYgRDcm
Wong Wai Ming, Executive Vice President and CFO at Lenovo, discusses his key takeaways from the company’s annual results and speaks on the current AI trends and its impact on the PC market. He speaks on “The Pulse with Francine Lacqua“. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/VJyMEKq
TL;DR Binance added new trading pairs and trading bot services, including PEPE/EURO. The company will remove certain trading and margin pairs by the end of May, advising users to close positions to avoid losses. The Latest Updates Binance – the world’s largest cryptocurrency exchange – continues implementing changes on its platform to enhance user experience…
UK household energy bills will drop in July, the same week the country goes to the polls in an election where cost of living is a key issue. from Bloomberg Politics https://ift.tt/9qQpwKD
The pound’s peer-beating rally received another boost this week as an interest-rate cut by the Bank of England next month became virtually unthinkable to traders. from Bloomberg Markets https://ift.tt/7pHDizM