SailingStone Capital Partners, a shareholder in First Quantum Minerals, said on Monday it had told the Canadian miner about historic "missed opportunities" in the management of its balance sheet and a range of options to bring down its leverage.
An investigation into accounting practices in Archer-Daniels-Midland's Nutrition segment could not come at a worse time for the company as sinking crop prices look set to erode profit for its core grain trading and processing businesses this year.
New York cocoa futures traded on the ICE exchange hit 46-year highs on Tuesday, triggering technical signals that took London cocoa to record peaks while robusta coffee again hit its highest in at least 16 years.
European Union soybean imports so far in the 2023/24 season that started in July had reached 6.59 million metric tons by Jan. 19, compared with 6.34 million a year earlier, data published by the European Commission showed on Tuesday.
Poland and the Baltic states are calling for import bans on Russian aluminium and liquefied natural gas (LNG) for the European Union's 13th package of sanctions against Moscow over its Ukraine invasion, a Polish official said.
Lufthansa's bid for a minority stake in ITA Airways could reduce competition in flights to and from Italy, EU antitrust regulators warned on Tuesday, ramping up pressure on the German carrier to offer stronger remedies.
United Airlines CEO Scott Kirby said in a CNBC interview on Wednesday the company was going to build a fleet plan that does not include Boeing's 737 MAX 10 jets, citing delivery delays.
Canadian insurance giant Manulife Financial has entered into a multi-year partnership with travel loyalty program Aeroplan as it looks to bolster demand for its new healthcare initiative it is planning to launch this spring.
Identity protection company Silverfort said on Tuesday it had raised $116 million in a late-stage funding round, led by investment firm Brighton Park Capital with participation from Citi Ventures and General Motors Ventures.
Commercial Metals Co. (Symbol: CMC) has been named as a Top 5 dividend paying metals and mining stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among metals and mining companies, CMC shares displayed both attract
German pilots' union VC said on Tuesday that a clear majority of members, 95%, voted in favour of strikes at Lufthansa Group's leisure subsidiary Discover, with the aim of adding pressure in negotiations for a first collective agreement.
Algerian state agency ONAB has issued an international tender to purchase up to 240,000 metric tons of animal feed corn, European traders said on Tuesday.
At least two iron ore cargoes from the world's No.4 supplier Fortescue Metals Group are facing unusual customs delays at north China's Caofeidian port due to inspections for solid waste, sources with knowledge of the matter said.
An investigation into accounting practices in Archer-Daniels-Midland's Nutrition segment could not come at a worse time for the company as sinking crop prices look set to erode profit for its core grain trading and processing businesses this year.
Reuters
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