Business

Live news: Heineken takes €874mn impairment charge on Chinese investment

1 Mins read
Komatsu trucks are driven at the Oyu Tolgoi copper-gold mine in Mongolia. The Japanese machinery maker posts quarterly earnings on Monday © SeongJoon Cho/Bloomberg

Events: Foreign ministers of Australia, India, Japan and the US hold a Quadrilateral Security Dialogue meeting in Tokyo. US secretary of state Antony Blinken concludes a visit to Japan and leaves for the Philippines. Indonesian foreign minister Retno Marsudi visits New Zealand. EU foreign policy chief Josep Borrell heads to Vietnam. The Unesco World Heritage Committee, meeting in New Delhi, presents its 2024-31 Europe and North America action plan.

Economic indicators: China issues foreign direct investment data for June. State Bank of Pakistan governor Jameel Ahmad announces an interest rates decision.

Corporate updates: Indian utility Adani Gas, Japanese machinery group Komatsu and drugmaker Shionogi & Co, and Chinese medical tech company WuXi AppTec present quarterly earnings. Singapore Airlines holds its annual meeting. South Korea’s Samsung Electronics faces a deadline to make a fresh offer on pay and conditions to its biggest workers’ union.

Read the full article here

Related posts
Business

Federal Reserve ‘absolutely’ ready to help stabilise market if needed, top official says

2 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Federal…
Business

Donald Trump bends to the power of the markets

2 Mins read
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world…
Business

Trump administration threatens to end consultancy contracts after ‘insulting’ proposals

3 Mins read
Stay informed with free updates Simply sign up to the Accounting & Consulting services myFT Digest — delivered directly to your inbox….
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *