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Reuters

Mexico's annual inflation rose in first half of October
World

Mexico's annual inflation rose in first half of October

  • The experts forecast an annual inflation rate of 3.99% for the first two weeks of October, compared with 3.93% for the last two weeks of September.
  • Banxico, as the central bank is known, had cut the reference interest rate by 400 basis points in August last year to 4.25%.
Published 20 Oct, 2020 12:47am
UAE cabinet ratifies accord to Israel ahead of official visit
World

UAE cabinet ratifies accord to Israel ahead of official visit

  • The UAE and fellow Gulf state Bahrain in September became the first Arab states in a quarter of a century to sign agreements to establish formal ties with Israel.
  • Together the UAE and Israel will stand better prepared to confront the malign threats from the Iranian regime, their proxies.
Published 20 Oct, 2020 12:45am
France's new COVID-19 cases slow but deaths sharply up
World

France's new COVID-19 cases slow but deaths sharply up

  • The Monday figure tends to dip as there are fewer tests conducted on Sundays. The seven-day moving average of new infections,
  • The number of people in France who have died from COVID-19 infections rose by 146 to 33,623, versus 85.
Published 20 Oct, 2020 12:41am
US wheat futures firm; close below peaks
Markets

US wheat futures firm; close below peaks

  • The benchmark CBOT December soft red winter wheat contract struggled to hold support above the high end of its 20-day Bollinger range.
  • The front-month K.C. hard red winter wheat contract hit its highest level on a continuous basis since Aug. 10, 2018.
Published 20 Oct, 2020 12:25am
China's Sinovac vaccine is safe, Brazil institute says
World

China's Sinovac vaccine is safe, Brazil institute says

  • São Paulo's Butantan Institute, one of Brazil's leading biomedical research centers, which is carrying out the Phase 3 tests.
  • The first results of the clinical study conducted in Brazil prove that among all the vaccines tested in the country, CoronaVac is the safest.
Published 20 Oct, 2020 12:21am
BMW says Q3 cash flow in auto segment was above expectations
Business

BMW says Q3 cash flow in auto segment was above expectations

  • Free cash flow amounted to 3.07 billon euros ($3.61 billion) in the third quarter, up from 714 million euros ($840.16 million) in the year-earlier period.
  • This was due in particular to a faster recovery in several markets, which led to higher sales growth.
Published 20 Oct, 2020 12:17am
Dry soils push US wheat Dec 2014 high; corn, soy rise
Markets

Dry soils push US wheat Dec 2014 high; corn, soy rise

  • The market is just kind of collecting its breath in this area and seeing what the next move will be.
  • Corn and soybean futures rose on bullish export expectations, shrugging off pressure from the ongoing US harvest.
Published 20 Oct, 2020 12:11am