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The Indonesian government is preparing legal and structural steps for a new centralized export agency. Markets and trading partners will receive updates on the policy in the coming weeks.
indianexpress.comGlobal markets and major trading partners can expect updates on the policy within weeks, according to reporting from @business.
Officials are working on the rollout of the agency, which will coordinate export procedures under a single authority. The agency is intended to centralize oversight of commodity exports, replacing previous decentralized arrangements. No specific effective date for the new system has been announced.
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EuronewsApple surpassed Nvidia during intraday trading to become the world's most valuable company with a $4.88 trillion valuation. Nvidia shares fell as much as four percent during the session before recovering.
Iran's Revolutionary Guards said they stopped four tankers attempting to transit the Strait of Hormuz in a combined missile and drone operation. Two oil tankers exploded after hitting mines, the Guards stated.
foodbusinessnews.netTaco Bell finished pulling affected Taylor Farms lettuce from all U.S. restaurants on July 17. Taylor Farms de Mexico also began removing iceberg lettuce from central Mexico from the U.S. market after receiving information from officials.