Indian metals-to-oil conglomerate Vedanta reported a 40.8% plunge in first-quarter profit on Friday, as weak commodity prices outweighed a slight increase in production and sales for metals like aluminium.
London Metal Exchange (LME) stocks of zinc have risen above 90,000 metric tons for the first time since May of 2022 thanks to a surge of deliveries into Singapore.
India's decision to ban non-basmati white rice exports will spur traders to cancel contracts to sell around 2 million metric tons of the grain, worth $1 billion, on the world market, dealers said on Friday.
Trulieve Cannabis said on Friday its Chief Financial Officer, Tim Mullany, has quit the pot producer on July 20 for personal reasons, just 10 days after taking over the role.
Chicago wheat futures were on track to record a near 7% gain this week despite a sharp fall on Friday as traders booked profits ahead of the weekend and on easing concerns about a lack of global supply despite Russia's attacks on Ukrainian Black Sea ports.
Huge Brazilian supplies, high prices and uncertainty about U.S. crops have caused pessimism toward the United States’ corn and soybean export potential into the new marketing year that begins Sept. 1.
Romania's Constanta port, Ukraine's main alternative route for grain since Russia's withdrawal led to the collapse of the Black Sea shipment deal, has capacity to handle extra cargoes until mid-August, the head of the port's business association said.
India's aviation regulator on Friday gave its nod to Go Airlines (India) to resume operations if it can meet certain conditions, including getting interim funding and approval of its flight schedule, an order viewed by Reuters showed.
New York cocoa futures on ICE edged higher on Friday although remained below a 12-year peak set earlier in the week with weaker-than-expected grindings data for North America adding to concerns about the outlook for demand.
Malaysian palm oil futures ended lower on Friday due to profit-taking, but clocked a fourth weekly rise on robust July exports so far and concerns over Black Sea edible oil supplies.
Copper and most industrial metal prices edged lower on Friday after investors were disappointed with modest stimulus measures announced by top metals consumer China to boost its economy.
Turkish President Tayyip Erdogan said his planned talks with Russian President Vladimir Putin could lead to restoration of the Black Sea grain initiative, and called on Western countries to consider Russia's demands, Turkish broadcasters reported on Friday.
Indian miner Hindustan Zinc on Friday reported a fall in first-quarter profit, dragged by weak zinc and lead prices, and despite reduced expenses and tax burden.
Shoppers are snapping up Barbie hoop earrings, perfume, jumpsuits, and dresses as retailers seek to cash in on Friday's Barbie film release, reigniting the craze for the plastic doll and her hot pink, sequin-adorned universe.
The Indian government may continue with supply-side interventions, such as the recent restriction on exports of non-basmati white rice, to curb a resurgence in food inflation, economists at Nomura said in a note.
The Taiwan Flour Millers' Association has issued an international tender to purchase an estimated 108,000 metric tons of grade 1 milling wheat to be sourced from the United States, European traders said on Friday.
The Taiwan Flour Millers' Association has issued an international tender to purchase an estimated 108,000 metric tons of grade 1 milling wheat to be sourced from the United States, European traders said on Friday.
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