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19:29
According to the Brazilian Coffee Exporters Council (CECAFE), Brazil exported 2.53 million bags (60 kg each) of green coffee in January, a decrease of 30.6% compared to the same period last year. Arabica coffee exports reached 2.35 million bags (60 kg each), down 29.1% year-on-year; Robusta coffee exports were 181,559 bags (60 kg each), a year-on-year decrease of 45.6%.
According to the Brazilian Coffee Exporters Council (CECAFE), Brazil exported 2.53 million bags (60 kg per bag) of green coffee in January, a decrease of 30.6% compared to the same period last year. Arabica coffee exports reached 2.35 million bags (60 kg per bag), down 29.1% year-on-year; Robusta coffee exports were 181,559 bags (60 kg per bag), representing a year-on-year decline of 45.6%.
19:19
L3Harris Technologies Inc recently announced that it has officially signed a cooperation agreement with the Kingdom of Saudi Arabia, under which both parties will engage in deep collaboration in the field of advanced defense.
The signing of this agreement marks a significant advancement in L3Harris's strategic deployment in the Middle East, and is expected to further enhance its competitiveness in the global defense market.
19:19
Automaker Stellantis (STLA.US) is seeking to exit its U.S. battery joint venture with South Korea's Samsung SDI.
Previously, as the company was gradually scaling back its electric vehicle operations and striving to preserve cash, it announced last week an asset impairment charge of over 22 billion euros (approximately $26 billion). The cost of exiting the joint venture may be high and the process lengthy. Stellantis may also sell its stake to a third party. After Trump implemented policies that weakened plug-in vehicles, electric vehicle and battery projects have put pressure on the company, and CEO Antonio Filosa is working to contain related losses. Stellantis and Samsung established a joint venture in Indiana in 2021, committing to invest $2.5 billion and create 1,400 new jobs in Kokomo. This plant is Samsung's only battery factory in the United States, began operations in 2024, and has already started producing some battery cells for energy storage.
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