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UPDATE 2-China May soybean imports hit record 12 million metric tons

UPDATE 2-British consortium to invest $9 bln in Indonesia mining, EV batteries, minister says

A British consortium that includes mining giant Glencore will invest about $9 billion in Indonesia's mining and electric vehicle (EV) battery sectors, a minister said on Wednesday, as the resource-rich country tries to lure a host of multinational firms.

Hungary s Orban leans on mandatory food price cuts to rein in rampant inflation

Hungarian Prime Minister Viktor Orban on Thursday imposed mandatory price cuts on some basic food items by large retailers as his nationalist government tries to tame the European Union's highest inflation rate from levels exceeding 20%.

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