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Birkenstock, the German premium footwear brand backed by private equity firm L Catterton, on Tuesday filed for an initial public offering in the United States.

Nike investors voted against two shareholder-led proposals during the sportswear giant’s annual meeting on Tuesday, according to a preliminary tally by the company.

FXEmpire.com -

Nike investors voted against two shareholder-led proposals during the sportswear giant’s annual meeting on Tuesday, according to a preliminary tally by the company.

FXEmpire.com -

The EU agriculture commissioner said on Tuesday said he believes the European Commission should extend a temporary ban on Ukraine imports into five neighouring EU states as the measure helped boost exports outside the bloc.

Chicago soybeans plummeted to a 3-week low and corn sharply dropped on Tuesday after a government report said that crops were not hampered as much as traders expected by hot and dry weather this summer.

The U.S. government cut its forecast for the soybean crop on Tuesday after hot and dry conditions during key growth stages but raised the corn harvest view due to expectations for large acreage harvested despite adverse weather this summer.

The U.S. Department of Agriculture will spend up to $400,000 to adjust a federal greenhouse gas (GHG) emissions model to ensure that aviation fuel made from corn-based ethanol is eligible for hefty subsidies, Agriculture Secretary Tom Vilsack said at a conference on Tuesday.

The U.S. soybean crop will be smaller than previously forecast after hot and dry conditions during key stages of growth hampered harvest potential, the government said on Tuesday.

Chicago wheat futures slumped to a 33-month low on Tuesday, as the market took in large supplies from Russia while corn and soybeans eased before highly anticipated U.S. government crop forecasts.

Aerospace suppliers and airlines around the world warned of rising costs and a squeeze on plane capacity after U.S. firm RTX disclosed that a rare manufacturing flaw could ground hundreds of Airbus jets in coming years.

Lufthansa is pushing ahead with the planned launch of a feeder airline connecting smaller regions with larger hubs, the managing director of the new business said in an internal memo to employees seen by Reuters on Tuesday.

Soft wheat exports from the European Union since the start of the 2023/24 season in July had reached 5.84 million metric tons by Sept. 8, down 27% from 8.02 million tons by Sept. 11 last year, European Commission data showed on Tuesday.

Russian aluminium is dividing the metals industry as producers and consumers gather this week to hammer out next year's supply deals.

Several airlines and aerospace suppliers warned of a hit from U.S. firm RTX's disclosure of a rare manufacturing flaw that could ground hundreds of Airbus jets in the coming years.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

Brazil's soybean exports should reach 99 million metric tons in 2023, up by 500,000 from a month ago, oilseed group Abiove said on Tuesday, as the country counts on solid demand from China and a record harvest this year.

Several airlines and aerospace suppliers warned of a hit from U.S. firm RTX's disclosure of a rare manufacturing flaw that could ground hundreds of Airbus jets in the coming years.

Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects.