U.S. producer prices unexpectedly declined in May by the most in seven months; Strong demand for freshly issued 30-year U.S. Treasury pushed yields lower across the curve overnight; Adani Group-owned Ambuja Cements will acquire Hyderabad-based Penna Cement Industries at an enterprise value of Rs 10,422 crore; BNP Paribas Financial Market divested stake worth Rs 986 crore in L&T Finance via open market deals on June 13; Mercedes-Benz is set to invest Rs 3,000 crore in Maharashtra, according to Industries Minister Uday Samant....All this and much more on your daily podcast by Alex Mathew and Niraj Shah.
