Malaysian palm oil futures remained largely unchanged in early Thursday trade, with bargain buying driven by lower stocks countering pressure from slowing exports and concerns about biodiesel demand after a slump in crude oil prices.
A century after the 1924 Paris Olympic men's marathon was won by Finn Albin Stenroos in two hours 41.22 minutes, next year's Games in the same city could feature the first official sub-two-hour time for the distance after 2023 saw more barriers smashed.
Chicago soybean futures rose for the first time in three sessions on Thursday with bargain-buying underpinning prices, although expectations of rains in Brazil's parched oilseed producing regions limited the gains.
New Zealand dairy group Fonterra said on Thursday food and beverage giant Nestle will make additional payments to its farmers for achieving certain sustainability goals under a new agreement.
Chicago Mercantile Exchange lean hog futures extended a slump, as live cattle futures came under renewed pressure with broad selling hitting agricultural markets on Wednesday.
In trading on Wednesday, shares of ArcelorMittal SA (Symbol: MT) crossed above their 200 day moving average of $26.43, changing hands as high as $26.55 per share. ArcelorMittal SA shares are currently trading up about 2.5% on the day. The chart below shows the one year perfor
Robusta coffee futures rose on Wednesday to the highest prices since at least January 2008 on climate-related worries over supply prospects, while arabica coffee futures also jumped to hit a seven-month high.
Chicago soybean futures sank for a second consecutive session on Wednesday as the prospect of rain in Brazil eased worries about drought damaging harvest prospects in the world's top exporter.
Brazilian privately owned biodiesel producer Binatural aims to boost output by 20% annually until reaching 650 million liters in 2026, CEO Andre Lavor said in an interview on Wednesday, adding the firm will be required to expand capacity to meet demand.
Brazil's biggest grain farmer cooperative Coamo, based in the southern state of Parana, on Wednesday announced plans to invest 3.5 billion reais ($709.78 million) during the 2024-2026 period, including to expand grains storage capacity and to build a corn-based ethanol plant.
Early holiday shopping season discounts from high-end fashion retailers like Bergdorf Goodman on New York's Fifth Avenue raised concern that a lacklustre Christmas could lead to inventory gluts – potentially dragging labels into a discounting spiral that would cheapen their image.
Online luxury retailer Farfetch is in talks with Apollo Global Management to secure emergency funding for shoring up its finances, Sky News reported on Wednesday.
Chicago soybean futures sank for a second session on Wednesday as the prospect of rain in Brazil eased worries about drought damaging harvest prospects in the world's top soybean exporter.
Wall Street's main indexes gained on Wednesday after new
data indicated inflation pressures were easing, ahead of the
Federal Reserve's final monetary policy decision of the year,
where it is widely expected to leave interest rates unchanged.
PGT Innovations Inc, a U.S. maker of vinyl and aluminum doors and windows, has rejected a new bid worth about $2.2 billion from Miter Brands, a competitor backed by Koch Industries, according to people familiar with the matter.
Tendam, one of Spain's largest fashion retailers, with brands like Cortefiel, Women'secret and Springfield, has selected BNP Paribas, Citigroup and JPMorgan to manage an IPO in Madrid, three sources told Reuters.