Week Ahead for FX, Bonds: Tariff Deadline, Asia Rate Decisions in Focus
The key event of the week is the July 9 deadline when the 90-day pause in U.S. reciprocal tariffs ends.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 minutes ago
- Yahoo
Court officer overseeing Citgo auction requests adjournment of sale hearing
HOUSTON (Reuters) -A court officer in Delaware overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum has requested an adjournment of the sale process' final hearing, originally scheduled for next week to decide the auction's winner, a court filing showed on Wednesday. The request comes after at least two unsolicited bids were recently submitted by groups including affiliates of hedge fund Elliott Investment Management and commodities house Vitol, even after the court officer had recommended a different bid by a unit of miner Gold Reserve.
Yahoo
2 minutes ago
- Yahoo
AgriS Agro Day 2025 - Comprehensive Synergy: The Alliance of Five Stakeholders Driving Breakthroughs for Vietnam's Agriculture
TAY NINH, Vietnam, Aug. 14, 2025 /PRNewswire/ -- Hi-tech Agriculture Summit – AgriS Agro Day 2025 successfully brought together more than 500 delegates representing the "Five Stakeholders": Government, Academia, Businesses, Banks, and Farmers, working in synergy to build a hi-tech, circular agricultural ecosystem, affirming Vietnam's proactive position and deep participation in the global agricultural value chain. Experience the full interactive Multichannel News Release here: Hi-tech Agriculture Summit – AgriS Agro Day 2025: Comprehensive Synergy, Elevating the Agriculture of the Future – was hosted by the People's Committee of Tay Ninh Province, co-hosted and co-organized by AgriS (Thanh Thanh Cong – Bien Hoa JSC, HOSE: SBT), in collaboration with Nong Lam University Ho Chi Minh City. The event aimed to create a strategic platform to connect visions, share knowledge, and activate action toward developing a hi-tech, sustainable agricultural sector. A Strategic Forum for Hi-tech, Circular Agriculture The strong global agricultural transformation presents not only challenges but also opportunities for Vietnam to define its own development path - modern, sustainable, and globally integrated. In this journey, Tay Ninh – one of the most dynamic agricultural economic centers in the South – has been affirming its role with clear vision, policies, and strategic orientation. In his opening remarks, Mr. Nguyen Minh Lam, Member of the Provincial Party Standing Committee and Vice Chairman of the People's Committee of Tay Ninh Province, emphasized: "Today's conference marks a new milestone, affirming Tay Ninh's determination to lead in implementing the Party and State's Resolutions on 'Innovation – Application of Science and Technology – Digital Transformation' in modern agriculture, toward green, sustainable development and deep international integration." The four key Resolutions issued by Vietnam's Politburo for the 2024–2025 period (No. 57, 59, 66, 68) form a unified framework of strategic thinking and action for national development in the era of transformation. AgriS Agro Day 2025 opened with the keynote "Potential and Vision for Vietnam's Agriculture, Breakthrough Policies in Agricultural Technology, and the Role of the Private Sector," in which Prof. Dr. People's Teacher Tran Duc Vien, Chairman of the Vietnam National University of Agriculture, called for sector-wide restructuring, stronger R&D, greater private investment, and an innovative, globally competitive ecosystem. That afternoon, three thematic panels built on this vision with practical, long-term solutions to enhance the value of Vietnamese agricultural products and strengthen Vietnam's leadership in the global value chain, featuring experts from government agencies, international organizations, leading universities, and major enterprises. The Agtech Panel highlighted that digital transformation and standardized data are prerequisites for rebuilding a sustainable agricultural value chain. The Foodtech Panel emphasized that processing technology and standardization are key tools to transform Vietnamese agricultural products from "raw materials" into "high-value-added products" for international markets. The Fintech Panel explored how to design data-based financial infrastructure, chain credit scoring, and green capital products to channel funds to the right place at the right time, creating economic leverage for a circular agricultural economy. Linking Theory to Practice – A Call for Comprehensive Synergy Among the Five Stakeholders As co-host and co-organizer of the Hi-tech Agriculture Summit – AgriS Agro Day 2025, AgriS, a leading Vietnamese hi-tech agriculture enterprise, with its 56-year journey, takes pride in being a pioneer in building a circular agricultural ecosystem integrating Agtech, Foodtech, and Fintech with ESG standards. Demonstrating its commitment to working alongside the Government, the scientific community, partners, and international organizations to advance a Green Economy, Digital Technology, and Sustainable Development, Ms. Dang Huynh Uc My – Chairlady of AgriS – presented the Project: Modernization and Digitalization of Agriculture based on ESG and Datafication for 2025–2030. With two main focuses - Digitalizing and modernizing agricultural production through the AgriBrain and DigiFarm systems; and building a National Agricultural Data Framework - AgriS aims to create a hi-tech, transparent, and standardized agricultural sector. The site visit to the Demo Farm Ninh Dien, the Agricultural Research Institute, and the TTCS factory operated by AgriS, along with the interactive Agtech – Foodtech – Fintech exhibition, showcased an innovative agricultural practice model, consistently operated under ESG standards that AgriS has implemented for many years. More than half of a century of development, AgriS has partnered with the "Five Stakeholders" through practical projects, creating a strong foundation for new commitments. This year's Summit saw the signing of MOUs with strategic partners, including the Vietnam Institute of Advanced Technology, K-Best Research Group (Korea), Farmacist and Mort&Co (Australia), the Ho Chi Minh City Food and Foodstuff Association, and the Vietnam Coconut Association. These agreements reinforce the "Five Stakeholders" cooperation model – the "golden key" to driving breakthroughs in Vietnam's hi-tech agriculture through shared responsibility, work, benefits, and growth. In her closing remarks, Ms. Dang Huynh Uc My called: "AgriS does not walk alone. We are expanding our journey with the synergy of the 'Five Stakeholders,' built on the three pillars of Agtech, Foodtech, and Fintech, and an ESG foundation, to create a circular, multi-value agricultural ecosystem rooted in technology and ensuring fair and shared benefits." AgriS Agro Day 2025 has successfully established a strategic platform and clear action roadmap. An agriculture sector that deeply applies technology, closely links all stakeholders, and places farmers at the center of transformation is the path for Vietnam to rise strongly – from a "supplier of raw materials" to a "creator of value" on the global agricultural map. About AgriS With over 56 years of sustainable development, AgriS (Stock code: SBT) is a leading high-tech agricultural enterprise in the region, holding 46% of Vietnam's sugar market share and exporting to over 69 international markets. The company manages a total cultivation area of 71,797 hectares across Vietnam, Laos, Cambodia, and Australia, and offers a diverse portfolio ranging from sugarcane, coconut, banana, rice and pineapple to natural nutritional food products. Guided by its mission to build a green and modern agriculture, AgriS continuously innovates and optimizes its commercial value chain under the AgriS Circular Commercial Value Chain model. The company is committed to achieving Net Zero emissions by 2035. View original content to download multimedia: SOURCE TTC AgriS (Thanh Thanh Cong - Bien Hoa JSC) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 minutes ago
- Yahoo
Solventum Announces Pricing of Secondary Offering of Common Stock
ST. PAUL, Minn., Aug. 13, 2025 /PRNewswire/ -- Solventum Corporation (NYSE: SOLV) (the "Company" or "Solventum") today announced the pricing of the previously announced secondary offering (the "Offering") of 8,800,000 shares of its common stock, which is expected to result in gross proceeds of approximately $648 million to 3M Company (the "Selling Shareholder"). All of the shares of common stock are being sold by the Selling Shareholder, and Solventum will not receive any of the proceeds from the Offering. The Offering is expected to close on or about Aug. 15, 2025, subject to customary closing conditions. Goldman Sachs & Co. LLC and BofA Securities are acting as the underwriters for the Offering. The shares of common stock are being offered pursuant to the Company's shelf registration statement (and prospectus) on Form S-3, which became automatically effective upon filing with the U.S. Securities and Exchange Commission (the "SEC") on Aug. 13, 2025. The Offering is being made only by means of a preliminary prospectus supplement, filed with the SEC on Aug. 13, 2025, and the accompanying prospectus. Before you invest, you should read the preliminary prospectus supplement and the accompanying prospectus in that registration statement in their entirety and other documents the Company has filed with the SEC for more complete information about the Company and the Offering. You may obtain these documents for free by visiting EDGAR on the SEC website at Alternatively, a copy of the preliminary prospectus supplement and accompanying prospectus may be obtained by contacting: Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 1-866-471-2526, by facsimile at 212-902-9316, or by email at Prospectus-ny@ or BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC, 28255-0001, Attn: Prospectus Department, Email: This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state or jurisdiction. Forward-Looking StatementsThis press release contains forward-looking statements and forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements involve inherent risks and uncertainties, and several important factors could cause actual results to differ materially from those contained in any such forward-looking statement. Forward-looking statements include those containing such words as "anticipates," "believes," "could," "estimates," "expects," "forecasts," "goal," "guidance," "intends," "may," "outlook," "plans," "projects," "seeks," "sees," "should," "targets," "will," "would," or other words of similar meaning in connection with any discussion of future operating or financial performance or business plans or prospects. Among the factors that could cause actual results to differ materially from those described in our forward-looking statements are the following: (1) the effects of, and changes in, worldwide economic, political, regulatory, international, trade and geopolitical conditions, natural disasters, war, public health crises, and other events beyond Solventum's control; (2) operational execution risks; (3) damage to Solventum's reputation or its brands; (4) risks from acquisitions, strategic alliances, divestitures and other strategic events, including the divestiture of our Purification and Filtration business; (5) Solventum's business dealings involving third-party partners in various markets; (6) Solventum's ability to access the capital and credit markets and changes in Solventum's credit ratings; (7) exposure to interest rate and currency risks; (8) the highly competitive environment in which Solventum operates and consolidation in the healthcare industry; (9) reduction in customers' research budgets or government funding; (10) the timing and market acceptance of Solventum's new product and service offerings; (11) ongoing working relationships with certain key healthcare professionals; (12) changes in reimbursement practices of governments or private payers or other cost containment measures; (13) Solventum's ability to obtain components or raw materials supplied by third parties and other manufacturing and related supply chain difficulties, interruptions, and disruptive factors; (14) legal and regulatory proceedings and legal compliance risks (including third-party risks) with regards to antitrust, Foreign Corrupt Practices Act and other anti-bribery laws, environmental laws, anti-kickback and false claims laws, privacy laws, tax laws, and other laws and regulations in the United States and other countries in which Solventum operates; (15) potential liabilities related to a broad group of perfluoroalkyl and polyfluoroalkyl substances, collectively known as "PFAS"; (16) risks related to the highly regulated environment in which Solventum operates; (17) risks associated with product liability claims; (18) climate change and measures to address climate change; (19) security breaches and other disruptions to information technology infrastructure; (20) Solventum's failure to obtain, maintain, protect, or effectively enforce its intellectual property rights; (21) pension and postretirement obligation liabilities; (22) any failure by 3M Company to perform any of its obligations under the various separation agreements entered into in connection with the separation of Solventum from 3M Company and distribution (the "Spin-Off"); (23) any failure to realize the expected benefits of the Spin-Off; (24) a determination by the IRS or other tax authorities that the Spin-Off or certain related transactions should be treated as taxable transactions; (25) indebtedness incurred in the financing transactions undertaken in connection with the Spin-Off and risks associated with additional indebtedness; (26) the risk that incremental costs of operating on a standalone basis (including the loss of synergies), costs of restructuring transactions and other costs incurred in connection with the Spin-Off will exceed Solventum's estimates; (27) the impact of the Spin-Off on Solventum's businesses and the risk that the Spin-Off may be more difficult, time-consuming or costly than expected, including the impact on Solventum's resources, systems, procedures and controls, diversion of management's attention and the impact on relationships with customers, suppliers, employees and other business counterparties; and (28) the impact of a significant number of shares of our common stock that may be sold by the Selling Shareholder. The above list is not exhaustive or necessarily set forth in the order of importance. Forward-looking statements are based on certain assumptions and expectations of future events and trends, and actual future results and trends may differ materially from historical results or those reflected in any such forward-looking statements depending on a variety of factors. A further description of these factors is located under "Cautionary Note Regarding Forward-Looking Statements" and "Risk Factors" in Solventum's periodic reports on file with the SEC. Solventum assumes no obligation to update any forward-looking statements discussed herein as a result of new information or future events or developments. About SolventumAt Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers' toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better — while empowering healthcare professionals to perform at their best. View original content to download multimedia: SOURCE Solventum Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
