Page 125 - Min News Today

Oil refiners are ramping up output to meet a synchronised uptick in demand across Asia, Europe and the United States, but plant maintenance and high natural gas prices will constrain supply in the fourth quarter, company officials and analysts said.

European shares were flat on Wednesday as strong results from Nestle boosted food company stocks and made up for disappointing earnings from a clutch of firms, including French luxury group Kering and Dutch semiconductor company ASML.

Britain's Royal Mint said on Wednesday it planned to build a plant in Wales that could reclaim hundreds of kilograms of gold and other precious metals from electronic waste such as mobile phones and laptops.

Italy's No. 2 bank UniCredit has invited expressions of interest from investors for its leasing business to gauge market appetite for the unit as it weighs a potential sale, two people close to the matter said.

Brazil's Superior Court of Justice threw out on procedural grounds an indictment of 16 people in relation to the collapse of the Brumadinho dam owned by Brazilian miner Vale SA , a disaster that killed 270 people in 2019.

Bitcoin hovered below record levels on Wednesday, the day after the first U.S. bitcoin futures-based exchange-traded fund (ETF) began trading, a development that market participants say is likely to drive investment into the digital asset.

Anglo-Australian miner Rio Tinto announced on Wednesday a $7.5 billion plan to reduce carbon emissions by 50% by 2030, a reduction three times greater than its previous target, but shares fell as investors reacted to the higher spend.

Colombia's Congress approved the 350.4 trillion peso ($93 billion) spending package proposed by the government for its 2022 budget in the early hours of Wednesday, the second consecutive year it has approved a record sum.

When a big chief dies on the Xingu indigenous reservation, its tribes gather for a unique funeral ritual called the Kuarup. Wearing body paint and bird feathers, they join in ceremonial dances, combat and feasts to celebrate life, death and rebirth.

China's thermal coal futures fell the maximum 11% at the start of Wednesday's night session on the Zhengzhou Commodity Exchange, extending a plunge triggered by possible government intervention in prices 24 hours earlier.