American Eagle Outfitters raised its annual revenue forecast on Wednesday, betting on steady demand for its wide-legged pants, tops and accessories despite still-high inflation.
Wall Street's three major averages closed lower on Wednesday with the Nasdaq's 1% loss leading declines after stronger-than-expected services sector data fueled concerns that still sticky inflation would mean that interest rates stay higher for longer.
Wall Street's three major averages closed lower on Wednesday with the Nasdaq leading declines after stronger-than-expected services sector data fueled concerns that still sticky inflation would mean that interest rates stay higher for longer.
The rapid spread of a citrus disease in Brazil has pushed orange juice prices to near record highs as it threatens years of output from orchards in the world's largest producer.
Chicago Board of Trade soybean futures jumped on Wednesday after weekly U.S. government data showed crop conditions deteriorated more than expected during hot, dry weather.
London cocoa futures on ICE hit fresh 46-year peaks on Wednesday as supply concerns persisted amid pessimistic weather reports in West Africa, while white sugar moved away from Tuesday's 12-year-highs.
Wall Street stocks fell on Wednesday after stronger-than-expected services sector data fueled concerns of sticky inflation and interest rates staying higher for longer, while weakness in Apple Inc shares further weighed down the indexes.
Russia said on Wednesday that Turkey had agreed in principle to handle 1 million metric tons of grain that Russia plans to send to Africa at a discounted price with financial support from Qatar.
A dead wild boar in Sweden has tested positive for African swine fever, Sweden's Veterinary Institute said on Wednesday, the first such case in the country.
Chicago Board of Trade soybean futures jumped on Wednesday after a weekly U.S. government report showed crop conditions deteriorated more than expected during a hot, dry spell.
European wheat rose from seven-week lows on Wednesday, supported by harvest downgrades in the southern hemisphere and reports about potential harvest disruptions in Russia.
Wall Street fell on Wednesday after stronger-than-expected services sector data fueled concerns of sticky inflation and interest rates staying higher for longer, while a drop in shares of Apple further weighed down the indexes.
Italian luxury group Tod's said on Wednesday its first half operating profit more than tripled compared to the same period of last year and reached 60 million euros ($64.29 million).
The death toll from heavy rains that devastated Brazil's Rio Grande do Sul state rose to 31 on Wednesday, local authorities said, as an extratropical cyclone batters the region, flooding homes and swelling rivers.
Wall Street's main indexes fell on Wednesday over concerns about sticky inflation as investors awaited the Federal Reserve's report on the U.S. economy for clues on the bank's interest rate path.
Lithium producer SQM's operations in the Salar de Atacama salt flat have achieved IRMA certification, it said on Wednesday, meaning all Chile's lithium mining facilities have now completed the evaluation process preferred by numerous EV manufacturers.
A group of South Korean flour mills has issued a tender to purchase around 95,000 metric tons of milling wheat to be sourced from the United States and Canada, European traders said on Wednesday.
Reliance Retail Ventures, India's biggest retailer, said on Wednesday it would take a 51% stake in domestic kid's clothing brand, Ed-a-Mamma, pursuing its aggressive expansion ahead of a potential stock market listing.
Checked
24 minutes 52 seconds ago
This feed is responsible for generating the rss feed related to the topic Commodities