Brazilian sugar and ethanol plants are likely to temporarily reduce sugar production as a way to increase ethanol output to address increasing demand and high prices for the biofuel in the country, consultancy Datagro said on Wednesday.
U.S. corn, soybean and wheat futures fell sharply on Wednesday, with traders noting selling by investment funds as commodity contracts tumbled through key technical support points.
Athletic wear maker Under Armour Inc said on Wednesday it would raise the minimum wage for hourly workers to $15 in the United States and C$15.25 ($12.59) in Canada, starting June 6.
Coffee exports from Guatemala, the world's sixth largest arabica exporter, are set to fall up to 3% this season due to low farmgate prices, a lack of workers and erratic rains linked to climate change, coffee association Anacafe said.
Airbus is discussing plans to combine the operations of its two aerospace factories in Cadiz, southern Spain, into one plant spanning civil and defence activities, a spokesman said.
India on Wednesday raised the subsidy for of the crop nutrient diammonium phosphate (DAP) by 140% to bring down retail prices of the fertiliser, the government said in a statement.
Sugar, coffee and cocoa futures on ICE were lower on Wednesday dragged down by a broad-based decline in commodity markets linked to fears about rising inflation that may prompt the U.S. Federal Reserve to raise interest rates.
Argentina's grains exports were bogged down on Wednesday after port workers launched a strike over what they described as a lack of COVID-19 vaccinations among members, the head of the Port and Maritime Activities chamber told Reuters by telephone.
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on May 14, Cleveland-Cliffs Inc 's Director, Janet L. Miller, invested $24,940.80 into 1,280 shares of CLF, for a cost per share of $19.
It will take several years for the global aviation industry to recover to 2019 capacity levels as airlines have retired aircraft and made critical staff redundant, the head of the global airline industry body IATA said on Wednesday.
Brazilian sugar and ethanol plants are likely to temporarily reduce sugar production volumes as a way to increase ethanol output to address increasing demand and high prices for the biofuel in the country, consultancy Datagro said on Wednesday.
Airbus on Wednesday softened plans to sell off the production of mass-produced small parts and said it would consider a union-backed proposal to keep the activity in-house.
Argentina's grains exports were snarled on Wednesday after port workers launched a strike over what they described as a lack of COVID-19 vaccinations among members, the head of the Port and Maritime Activities chamber told Reuters by telephone.
Germany's 2021 wheat crop of all types is expected to increase by 2.4% on the year to around 22.66 million tonnes, the country's association of farm cooperatives said in its latest harvest estimate on Wednesday.
Singapore Airlines Ltd on Wednesday posted its second-consecutive annual loss, which widened to a record S$4.27 billion ($3.20 billion), and said it would issue S$6.2 billion of convertible bonds to help weather the coronavirus crisis.
Thai Airways International's creditors have voted to approve the airline's restructuring plan, the flag carrier said on Wednesday, as it seeks to recover from financial problems suffered long before the coronavirus pandemic.
TJX Cos Inc beat quarterly net sales estimates on Wednesday as Americans returned to its discount stores following speedy COVID-19 vaccinations and the easing of restrictions.
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