Cargill Extends Record Revenue Streak Amid Strong Grains Prices
Cargill Inc., the world’s biggest crop trader, extended its streak of record annual revenue for its second straight year, helped by strong prices in its grains business.
Bloomberg Business
BlackRock Sees Private Credit Growth Keeping Pace With Peers
BlackRock Inc. aims to expand its private credit business by double digits every year, according to a senior executive, as the world’s largest fund manager joins a string of big-name investment firms in embracing the fast-growing sector.
Russian Drones Hit Danube Port Key to Ukraine Grain Exports
Russian drones struck a Ukrainian port on the Danube River, driving global wheat and corn prices higher as Moscow continues its campaign to cripple Kyiv’s ability to export food.
Bunge Boosts Outlook on Brazil’s Record Soybean Crop
A record soybean crop in top producer Brazil prompted one of the world’s largest agricultural commodities traders to boost its outlook for the year.
Starmer Tells Automakers Labour Sticking to 2030 Curb on Petrol Cars
Labour Party leader Keir Starmer told automakers last week that his party would hold firm on a clean-car policy that Prime Minister Rishi Sunak is facing calls to back down from.
Jet Service Volato to Go Public Via SPAC With New Funding
Aviation company Volato is going public via a blank-check transaction valuing the combined company at $261 million on an enterprise basis in a deal paired with an unusual funding round.
Dubai Tower Draws Interest From Chinese, Malaysian Funds
China Investment Corp., and Malaysia’s KLCC Property Holdings Bhd are among potential bidders for a stake in an office tower in the heart of Dubai’s financial district, according to people with knowledge of the matter.
Lockheed Reaps $2.3 Billion So Far Restocking Pentagon
Pushing to restock depleted US weapons stockpiles, the Pentagon has put on contract almost $2.3 billion of a potential $6 billion to Lockheed Martin Corp., the top maker of munitions that the US has provided Ukraine in its fight against Russia’s invasion, according to new Defense Department data.
Amazon, Google Wooed by India for $750 Million Cricket Rights, Sources Say
India’s cricket governing body is trying to lure global giants Amazon.com Inc. and Alphabet Inc. to bid in a media rights auction of its team’s games amid waning interest from firms who had recently competed fiercely for the wildly successful Indian Premier League.
Baseball-Size Hail Makes Insuring Solar and Wind Farms Pricier
Extreme weather events complicate the fight against global warming
