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BIZARRE: Bi | Mind Blowing Facts

Like Nvidia’s Jensen Huang, Siemens’ CEO has no recurring meetings with direct reports to save time—he also replies to emails with just ‘OK’ or ‘No’

CEO of $256 billion Siemens, Roland Busch, replies to emails with just ‘OK’ or ‘No.’ Anything longer, and the boomer will voice note his team on the move.

Indonesia's central bank governor Perry Warjiyo steps down, stoking independence concerns

Indonesia's central bank governor Perry Warjiyo steps down, stoking independence concerns

Indonesia's central bank governor Perry Warjiyo resigned unexpectedly on Monday. Destry Damayanti, a senior deputy governor, will now serve as interim governor. This surprise move could unsettle investors concerned about central bank independence. The rupiah weakened and the stock index initially fell after the announcement. Analysts await the government's decision…

The Economic Times

Arabica Coffee Advances as Brazil Rains Threaten to Delay the Coffee Harvest

Arabica Coffee Advances as Brazil Rains Threaten to Delay the Coffee Harvest

September arabica coffee (KCU26 ) today is up +2.15 (+0.66%), and September ICE robusta coffee (RMU26 ) is down -45 (-1.16%). Coffee prices are mixed today. Arabica coffee is climbing today amid forecasts for rains later this week in Brazil’s coffee-growing regions, which could further delay the harvest and deteriorate...

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Delays to Brazil’s Harvest Push Coffee Prices Higher

September arabica coffee (KCU26 ) on Monday closed up +4.25 (+1.33%), and September ICE robusta coffee (RMU26 ) closed up +7 (+0.18%). Coffee prices moved higher on Monday amid a delay in Brazil’s coffee harvest. Last Friday, Safras & Mercado reported that Brazil’s 2026/27 coffee harvest is 64% complete as...

Dry Brazil Weather Forecasts Weigh on Coffee Prices

September arabica coffee (KCU26 ) today is down -5.80 (-1.74%), and September ICE robusta coffee (RMU26 ) is down -14 (-0.26%). Coffee prices are under pressure today amid forecasts for dry weather this week in Brazil’s coffee-growing regions, which should allow the pace of the country’s coffee harvest to accelerate....

AI, Iran war risks weigh on Indian IT firms’ earnings outlook

Indian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conflict add pressure to the sector. Taiwan Semiconductor Manufacturing Company's results will offer a key reality check for the AI boom. Tech Mahindra expects margin expansion from cost-cutting and a large…

The Economic Times

Coffee Prices Slump as Volatile Trading Continues

September arabica coffee (KCU26 ) today is down -13.00 (-3.74%), and September ICE robusta coffee (RMU26 ) is down -201 (-4.97%). Coffee prices are moving sharply lower today, continuing the volatile price swings seen this week. After Intercontinental Exchange (ICE) raised margin requirements again for coffee futures trading earlier this...

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Coffee Prices Surge on Brazil Weather Risks

Coffee Prices Surge on Brazil Weather Risks

September arabica coffee (KCU26 ) on Monday closed up +48.75 (+16.19%), and September ICE robusta coffee (RMU26 ) closed up +328 (+8.83%). Coffee prices catapulted higher on Monday, with arabica posting a 5.5-month high and robusta reaching a 5-month high amid a delayed coffee harvest in Brazil. Safras & Mercado...

Coffee Prices Surge as Brazil’s Harvest is Delayed

Coffee Prices Surge as Brazil’s Harvest is Delayed

September arabica coffee (KCU26 ) today is up +29.30 (+9.73%), and September ICE robusta coffee (RMU26 ) is up +208 (+5.50%). Coffee prices are soaring today, hitting 5-month highs amid a delayed coffee harvest in Brazil. Safras & Mercado reported today that Brazil’s 2026/27 coffee harvest is 52% complete as...

Coffee Prices Soar on Brazil Crop Concerns

Coffee Prices Soar on Brazil Crop Concerns

September arabica coffee (KCU26 ) today is up +21.60 (+7.78%), and September ICE robusta coffee (RMU26 ) is up +159 (+4.47%). Coffee prices are soaring today, as arabica and robusta posted 4.5-month highs. Heavy rains in Brazil are delaying the country’s coffee harvest and raising concerns about the crop. Somar...

The CEO behind Grand Theft Auto VI doesn’t play video games, but is staking $1.5 billion on the biggest game launch of the decade

The CEO behind Grand Theft Auto VI doesn’t play video games, but is staking $1.5 billion on the biggest game launch of the decade

“I don’t think being consumer-in-chief really helps a CEO be effective in this business,” said Take-Two Interactive Software CEO Strauss Zelnick.

Rains Disrupt Brazil Coffee Harvest and Support Prices

Rains Disrupt Brazil Coffee Harvest and Support Prices

September arabica coffee (KCU26 ) on Thursday closed down -0.80 (-0.29%), and September ICE robusta coffee (RMU26 ) closed up +57 (+1.58%). Coffee prices settled mixed on Thursday, with robusta up sharply at a 4-month high. Arabica coffee closed lower on Thursday as prices consolidated below Wednesday’s 6-week high. Renewed...

Delayed Brazil Harvest and Tight Inventories Underpin Coffee Prices

Delayed Brazil Harvest and Tight Inventories Underpin Coffee Prices

September arabica coffee (KCU26 ) on Wednesday closed up +1.24 (+0.45%), and July ICE robusta coffee (RMN26 ) closed up +127 (+3.55%). Coffee prices extended their two-week-long rally on Wednesday and posted 6-week highs. Renewed rains in Brazil are delaying the country’s coffee harvest and pushing arabica prices higher. Meteorologist...

Drier Weather in Brazil Aids Coffee Harvest and Weighs on Prices

Drier Weather in Brazil Aids Coffee Harvest and Weighs on Prices

September arabica coffee (KCU26 ) today is down -1.95 (-0.73%), and July ICE robusta coffee (RMN26 ) is down -64 (-1.76%). Coffee prices are under pressure today, with robusta falling sharply to a 1-week low. Coffee prices are sliding on expectations that drier weather in Brazil will allow the country’s...

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Arabica Coffee Erases Early Gains as the Dollar Rallies

July arabica coffee (KCN26 ) today is down -2.70 (-0.97%), and July ICE robusta coffee (RMN26 ) is up +8 (+0.22%). Coffee prices today fell from early highs and are trading mixed as a rally in the dollar index ($DXY ) to a 13-month high has sparked long liquidation in...

Indonesian central bank hikes rates again

JAKARTA - Indonesia’s central bank ‌raised its benchmark interest rates by 25 basis points on Thursday, just a week after a surprise off-cycle hike, as it seeks to attract fresh capital and halt selling in its battered rupiah and other assets.

Coffee Prices Climb on Brazil Harvest Delays

July arabica coffee (KCN26 ) on Monday closed up +5.75 (+2.24%), and July ICE robusta coffee (RMN26 ) closed up +13 (+0.360%). Coffee prices on Monday extended last week’s rally, with arabica posting a 2-week high and robusta posting a 5-week high. Coffee prices are supported by concerns that persistent...

Brazil Harvest Pressures Weigh on Coffee Prices

July arabica coffee (KCN26 ) on Tuesday closed down -1.50 (-0.61%), and July ICE robusta coffee (RMN26 ) closed down -40 (-1.20%). Coffee prices settled lower on Tuesday, with arabica falling to a 19-month nearest-futures low and robusta sliding to a 2-month low. The ongoing coffee harvest in Brazil, expected...

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Coffee Prices Sink on Expectations of a Record Brazil Coffee Crop

July arabica coffee (KCN26 ) on Thursday closed down -5.95 (-2.35%), and July ICE robusta coffee (RMN26 ) closed down -19 (-0.56%). Coffee prices added to this week’s sharp losses on Thursday, with arabica falling to a 19-month nearest-futures low and robusta sliding to a 7-week low. The outlook for...

Coffee Prices Slump on a Record Brazil Coffee Crop

July arabica coffee (KCN26 ) on Wednesday closed down -6.10 (-2.35%), and July ICE robusta coffee (RMN26 ) closed down -91 (-2.63%). Coffee prices sold off sharply on Wednesday, with arabica posting a 1.5-year nearest-futures low and robusta posting a 7-week low. The outlook for a record Brazil coffee crop...

Resumption of Brazil’s Coffee Harvest Hammers Prices

July arabica coffee (KCN26 ) on Friday closed down -8.65 (-3.15%), and July ICE robusta coffee (RMN26 ) closed down -78 (-2.19%). Coffee prices settled sharply lower on Friday, with arabica falling to a 1-week low. Prices retreated on Friday after updated weather forecasts called for dry conditions next week...

Coffee Prices Fall on Forecasts for Dry Weather in Brazil

July arabica coffee (KCN26 ) today is down -7.40 (-2.70%), and July ICE robusta coffee (RMN26 ) is down -76 (-2.14%). Coffee prices are retreating today after updated weather forecasts called for dry conditions next week in Brazil's coffee-growing regions, allowing the coffee harvest to resume after being delayed this...

Rains Delay Brazil's Coffee Harvest and Push Prices Higher

July arabica coffee (KCN26 ) on Thursday closed up +4.40 (+1.63%), and July ICE robusta coffee (RMN26 ) closed up +82 (+2.36%). Coffee prices rallied to 2-week highs on Thursday and settled sharply higher as heavy rains in Brazil are delaying the coffee harvest and threatening to tighten global supplies....

The Economic Times

'No car, no TV': 24-year-old Meta employee earning $306,500 rejects luxury lifestyle, explains strategy to build wealth while pursuing travelling, hobbies

A 24-year-old Meta engineer, Raymond Zeng, earns a staggering $306,500 annually but lives a minimalist life, forgoing a car, couch, and TV. He prioritizes early financial independence, aiming to retire by 30. Zeng saves aggressively, investing heavily in stocks and utilizing the FIRE strategy to build a substantial portfolio, funding…

Coffee Prices Rebound on Technical Short-Covering

July arabica coffee (KCN26 ) today is up +3.70 (+1.40%), and July ICE robusta coffee (RMN26 ) is up +27 (+0.82%). Coffee prices erased early losses today and moved higher as the three-week selloff pushed prices into heavily oversold territory, sparking technical buying and fund short-covering. Coffee prices initially moved...

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