Australian wine makers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs on Australian wine and revive a trade worth hundreds of millions of dollars, according to industry figures and trade data.
Copper prices rose to a one-week high on Friday as weaker-than-expected U.S. retail sales data revived hopes for a June rate cut from the Federal Reserve and lifted risk appetite among investors.
Chicago wheat futures dropped on Friday and headed for their biggest weekly fall since last September after the U.S. government forecast larger-than-expected inventories as exporters struggle to compete with cheap Russian grain.
Sportswear giant Nike plans to reduce its workforce by about 2%, or more than 1,600 jobs, in a cost-cutting move, the Wall Street Journal reported on Thursday.
Indian farmers demanding higher prices for their crops will postpone a planned protest march to New Delhi until unions hold another round of talks with government ministers on Sunday.
Malaysian palm oil futures extended losses on Friday because of a sharp drop in exports from the world's second-biggest producer of the tropical oil, although an upside in rival soyoil capped the decline.
Copper prices rose to a one-week high on Friday as weaker-than-expected U.S. retail sales data revived hopes for an interest rate cut from the Federal Reserve in June and lifted risk sentiment among investors.
Chicago wheat futures dropped on Friday and headed for their biggest weekly fall since last September after the U.S. government forecast larger-than-expected inventories as exporters struggle to compete with cheap Russian grain.
Rates of parboiled rice exported from India held record high levels hit this week even as demand was subdued from African buyers, while Vietnam saw increased trading activity after the holiday period.
U.S. forecasts for increasing crop inventories on Thursday drove corn and soybean futures to their lowest prices in more than three years as traders remained worried about strength of demand.
Raw sugar futures on ICE lost more than 2% on Thursday to hit the lowest in a month as bearish technical signals weigh for now, but with the market underpinned by export delays in Brazil and poor crops in Thailand.
Air Canada pilots are seeing progress in contract talks after a private independent mediator was hired to bridge gaps with the country's largest carrier over pay and quality-of-life demands, a union representative said on Thursday.
Abundant rains that fell on most of Argentina's agricultural regions in recent days have stopped the deterioration of the country's soy and corn crops due to hot and dry weather, the Buenos Aires Grains Exchange said on Thursday.
Physical uranium was one of the best-performing assets in 2023, returning nearly 90%. The start to 2024 has been no different as uranium prices continue their rise
A study of analyst recommendations at the major brokerages shows that Ryerson Holding Corp (Symbol: RYI) is the #44 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Gl
The Brazilian Agriculture Ministry has ordered the immediate suspension of tilapia imports from Vietnam pending a review of current health protocols, according to a statement on Thursday.
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