Italo has signed a €3 billion contract with Siemens Mobility for 26 high-speed trains and 30 years of maintenance. The Italian operator plans to launch services on two German corridors in 2028 as regulators open capacity to greater competition.
Fortune Indonesia is acquiring coal miner PT Borneo Prima for Rp27.1 trillion as it moves into the coking coal business. The company forecasts that the transformation could increase its revenue 35-fold.
Tanzania’s milk production rose 40% over six years to 4.2 billion litres in 2025/26, while higher import levies and improved processing technology strengthened local products. Yet processors use only a fraction of installed capacity because raw milk collection, productivity and farmer payments remain weak.
Farmers in Armenia’s Ararat region temporarily blocked the Yerevan–Yerask highway after disruptions to Russian sales left tomatoes without buyers. Processing plants are refusing local produce because they doubt they can export the finished products, contributing to oversupply on Armenia’s domestic market.
Russian agricultural organizations produced 3.29 million tonnes of poultry for slaughter in the first half of 2026, down 2.7% year on year. Producers are reducing flocks after oversupply, rising feed and resource costs, and weak profitability, while wholesale broiler prices have climbed sharply.
Sugarcane crushing fell sharply in Brazil’s center-south during the second half of June. Forbes Brasil reported that the government did not explain the decline, while unusual rainfall has disrupted harvesting and industrial activity this year.
Thailand is accelerating access to China’s premium consumer market through two MOUs and geographical indication registration for three products. The initiative also targets opportunities for fruit, health food, MSMEs, electric vehicles and green industries.
Sugar production in Brazil’s Northeast is forecast to recover to 3.63 million tonnes in 2026/27, up 10.3% from the previous season. Increased cane supply, higher field productivity and wider use of irrigation, mechanization and biological inputs are supporting the outlook.
Nigerian rice processors say cheaper foreign supplies are undermining investments in domestic milling and farming. Automobile and agricultural-equipment manufacturers have raised similar concerns about import policy and competition from finished foreign products.
India’s Ministry of Coal reported strong participation in a pre-application conference for its ₹37,500 crore surface coal and lignite gasification scheme. The programme targets ₹2.5–3 lakh crore of investment, annual coal use of nearly 75 million tonnes and about 50,000 employment opportunities.
China produced 4,663 million tonnes of coal in 2025, followed by India with 1,084 million tonnes and Indonesia with 790 million tonnes. Global demand increased 0.7% to 166 EJ, supported by Asian consumption and a weather-driven rebound in the United States.
Brazilian corn quotations are rising in some regions but falling in areas where the safrinha harvest is moving faster. Sellers are limiting immediate supply in several markets, while buyers expect larger grain arrivals to pressure domestic prices in the coming weeks.
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