Surging Food Prices Push Up India Inflation to 3-Month High
India’s retail inflation rose more than estimated in June on spiraling food prices, reaffirming expectations of a hawkish hold from the central bank for the rest of the year.
Bloomberg Business
China Premier Meets Major Tech Companies, Vows More Support
Chinese Premier Li Qiang met with senior executives from the country’s leading technology firms including Alibaba Group Holding Ltd. and ByteDance Ltd. on Wednesday, in a signal that Beijing is ending its crackdown on the industry amid a weakening economy.
Wagner Dilemma in Mali Spurs West African Bloc to Plan Response
A West African regional bloc is preparing a plan to address the gap that will be left by the withdrawal of United Nations peacekeepers from Mali and the presence of foreign private armies in the region.
Erdogan Meets Greece’s Mitsotakis to Build On Recent Thaw
Turkish President Recep Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis agreed to build on a recent thaw between the estranged neighbors after they met on the sidelines of a NATO summit Wednesday.
Stalled South African Power Projects for 1,850 MW Risk Losing Grid Access
Companies yet to complete financing arrangements to build 1,850 megawatts of power-generation capacity in South Africa in terms of a government tender in 2021 may lose the right to connect to the national grid at the end of this month.
A River at Europe’s Heart Gives a Climate Solution to Riled Farmers
EU policymakers narrowly backed a crucial — and hotly contested — new law on Wednesday. The Meuse river offers a case study on how it’s possible to restore nature and boost profit for private sector stakeholders.
Volkswagen Wades Into Electricity Trading, Weighs Large-Scale Battery Storage
Volkswagen AG is delving into electricity trading as part of its broad rollout of battery cars, seeking to add services in energy management and tap new revenue.
Credit Scores Got a Boost in Pandemic But Lenders Should Be Wary
The jump that many Americans saw in their credit scores over the past three years may be painting too rosy a picture of their financial health, according to a new study.
Meet Autocado, Chipotle’s New Robot to Make Guacamole Faster
Chipotle Mexican Grill Inc. is testing a robot that it hopes will slash in half how long it takes to prepare guacamole.
US Mortgage Rates Jump Above 7% to Highest Level Since November
US mortgage rates rose last week to the highest since November, edging close to levels last seen more than two decades ago.
