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Brazil Coffee Crop Disappoints After Beans Affected by Drought
Livemint· 5 days agoBrazil, the world’s top coffee producer, is on track to harvest a weaker-than-expected crop in a frustrating development for already tight global markets. Farmers are picking up smaller-than-usual ...
CLOs Have Too Much Money and Are Running Out of Things to Buy
Livemint· 2 days agoAbout $311 billion of M&A deals have been announced and completed so far this year, roughly $1 trillion below the same level two years ago when interest rates began to rise, according to data ...
Egypt’s $10 Billion Wind Farm Poised to Break Ground in 2026
Livemint· 5 days agoConstruction of one of the world’s biggest wind farms in Egypt will begin by March 2026, a company involved said, as grueling power cuts during a broiling summer highlight the North African ...
Chicago Pension Debt Rises to $37 Billion as City Hunts for Cash
Livemint· 1 day agoChicago’s pension burden climbed again last year as new laws and accounting measures added to costs, and first-term Mayor Brandon Johnson looks for new revenue. The net pension liability across ...
Balyasny, Schonfeld Cut Merger Arb Traders After Bad Bets
Livemint· 5 days agoBalyasny Asset Management and Schonfeld Strategic Advisors are parting ways with some of their traders specializing in mergers and acquisitions, people familiar with the matter said, amid ongoing ...
Andurand Ditches Famed Oil Trades for Copper and Cocoa
Livemint· 6 days agoPierre Andurand, the trader who rose to fame because of bold bets in the energy markets, is now stepping away from crude oil while sticking with an outlook for higher copper and cocoa prices ...
‘Alarming’ E.Coli Levels to Mar UK’s 189-Year-Old Rowing Regatta
Livemint· 5 days agoWater testing by an environmental group has revealed “alarming” levels of E.coli bacteria from sewage in the River Thames where the Henley Royal Regatta takes place next week. The bacteria can cause severe stomach cramps and illness.
South Africa Cabinet Talks Stall After ANC Pulls Trade Offer
Livemint· 5 days agoTalks between South Africa’s two biggest political parties on forming a cabinet stalled after the African National Congress withdrew an offer to appoint a member of the smaller Democratic Alliance ...
Swiss Alps Slammed by More Severe Flooding, Landslides
Livemint· 2 days agoSwitzerland faced heavy rainfall and thunderstorms for the second weekend in a row, causing landslides, floods and property damage in the mountainous south of the country. Two people died and ...
Spain’s Europastry Postpones IPO Citing Election Volatility
Livemint· 3 days agoSpanish bakery firm Europastry SA postponed its initial public offering, becoming the latest European firm to halt listing plans amid the region’s faltering IPO revival. Europastry enjoyed broad ...