- The Wall Street Journal
European Brewers Unlikely to See Share Bounce From Summer of Sport
European brewers are unlikely to see a share price bounce from this summer’s big sporting events, RBC Capital Markets said, as It continues to rate AB InBev at outperform, Carlsberg at sector perform and Heineken at underperform.
- Reuters
India's JSW Cement plans $360 million factory to meet rising demand
India's JSW Cement said on Tuesday it will invest around 30 billion rupees ($360.2 million) to set up a cement factory in the northern state of Rajasthan, in a bid to meet surging demand for the key construction material. Market leader UltraTech Cement said last month that it will set aside $3.9 billion for ongoing capital expenditure over the next three years. JSW Cement's proposed unit will supply cement to Rajasthan, Haryana, Punjab and the national capital region, marking the firm's entry into the country's northern market, which is dominated by Shree Cement and UltraTech.
- BBC
Japan blocks iconic Mt Fuji view to deter tourists
A big barrier is erected as local residents accuse tourists of dropping litter and parking illegally.
