China's buying spree of French and Canadian barley is spilling into the 2021/22 crop with large forward purchases, due to its major feed grain needs and a prohibitive tariff on Australian barley, traders and analysts said.
Glencore said on Wednesday its copper and cobalt production fell in 2020 after the Mutanda mine closure in Democratic Republic of Congo but said the ramp up of another mine in the African country was progressing well.
Protesting Indian farmers won global attention on Wednesday with prominent Western activists joining pop superstar Rihanna in support of their months-long campaign against agriculture reforms but India said the intervention was irresponsible.
The former chairman of Malaysia's state palm plantation agency Felda was sentenced on Wednesday to six years' jail and a fine of 15.45 million ringgit ($3.82 million) after being found guilty of bribery, national news agency Bernama reported.
Shanghai copper prices fell to their lowest in eight weeks on Wednesday, while prices also fell in London, as investors were concerned about demand ahead of a major holiday in China.
Protesting Indian farmers won global attention on Wednesday with prominent Western activists joining pop superstar Rihanna in support of their months-long campaign against agriculture reforms they say will benefit big business at their expense.
Nomura Holdings Inc, Japan's biggest brokerage and investment bank, reported on Wednesday a 72% increase in quarterly net profit, bolstered by a surge in sales at its newly restructured markets and investment banking business unit.
Nomura Holdings Inc, Japan's biggest brokerage and investment bank, reported on Wednesday a 72% increase in quarterly net profit, bolstered by a surge in sales at its newly restructured markets and investment banking business unit.
Following a year of grim losses amid pandemic lockdowns that dented demand for fuel as people stuck close to home, the largest U.S. independent refiners are promoting plans to boost production of renewable fuels.
Copper prices in Shanghai hit their lowest in eight weeks on Wednesday, while prices also fell in London, dragged down by demand concerns ahead of a major holiday in top consumer China.
Stocks of corn held by Chinese feed makers and other commercial grain users have jumped to multi-year highs in some areas, indicating that heavy corn users remain concerned about crop shortages even in the wake of the recent harvest.
U.S. meat and poultry processor Tyson Foods Inc was sued on Tuesday for allegedly defrauding shareholders with misleading disclosures about its ability to combat the spread of the coronavirus in its facilities.
U.S. pop superstar Rihanna created a flutter in India on Tuesday by wading into months-long farmer protests against Prime Minister Narendra Modi's agricultural reforms.
The White House wants to tap a pool of funds from the U.S. Department of Agriculture's Commodity Credit Corporation (CCC) to support on-the-farm efforts to fight climate change, Tom Vilsack, President Joe Biden's nominee to run the USDA, said on Tuesday.
Pete Buttigieg was confirmed by the U.S. Senate on Tuesday on an 86-13 vote to head the U.S. Transportation Department, the first openly gay U.S. Cabinet secretary confirmed by lawmakers.
Online trading platform Robinhood said on Tuesday it had raised trading limits on stocks of five companies, including GameStop Corp and AMC Entertainment Holdings Inc.
People across the U.S. Northeast were digging themselves out on Tuesday after a powerful storm blanketed parts of the region with more than 2 feet of snow, prompting airlines to cancel flights and contributing to at least two deaths.
The case against oil stocks in general is very well known. In the long term, it is a dying industry, with the inevitable march towards alternative, renewable energy gathering pace over the last few years. But there might be cause to rethink buying oil stocks.