Chicago soybeans climbed more than 1.5% on Wednesday to their highest in nearly nine years, as shrinking global feed grain supplies and positioning ahead of a key U.S. supply-demand report due later in the day underpinned prices.
Chinese edible oil futures rallied to multi-year highs on Wednesday ahead of a U.S. report on global agricultural supply and demand, and on expectations for tight oil supplies.
Tesla Inc is seeking to enter the multi-billion dollar U.S. renewable credit market, hoping to profit from the Biden administration's march toward new zero-emission goals, two sources familiar with the matter said.
The shutdown of the biggest U.S. fuel pipeline by a ransomware attack highlights a systemic vulnerability: Pipeline operators have no requirement to implement cyber defenses.
Farm office FranceAgriMer on Wednesday cut its forecast of French soft wheat stocks at the end of the current 2020/21 season to 2.6 million tonnes from 2.7 million projected last month.
Danone, under pressure from investment funds over its returns, will sell a 9.8% stake in China Mengniu Dairy Company, the food group said on Wednesday.
Ukrainian grain exports have fallen by 24.1% to 39.6 million tonnes so far in the July 2020 to June 2021 season, agriculture ministry data showed on Wednesday.
China's 2021/22 corn output was seen up 4.3% from the previous year on increased acreage and yields of the grain crop, the country's agriculture ministry said on Wednesday.
Air France and Airbus should stand trial for involuntary manslaughter over their role in a 2009 crash in the Atlantic that killed 228 people, the Paris court of appeal ruled on Wednesday.
Airbus has revived plans for a new production line for its A321neo jet in Toulouse, France, as it reshapes production of the medium-haul single-aisle jets that it hopes will lead its factories out of the coronavirus crisis.
Vietnam's coffee exports in April were down 22.1% from March at 132,111 tonnes, while rice exports in the same period rose 45.1% against the preceding month, government customs data released on Wednesday showed.
Airbus has revived plans to install a new production line for its A321neo jet in Toulouse, France, as it reshapes production of the medium-haul single-aisle jets that are tipped to lead its factories out of the coronavirus crisis.
TUI Group, the world's biggest holiday company, said it was expecting a strong 2021 holiday season and stuck to a plan to operate 75% of its pre-pandemic capacity, as rising vaccination levels mean Europe will open for travel this summer.
China Express Airlines, a regional carrier based in the southwestern city of Chongqing, is betting that its business model of flying heavily subsidised routes using an increasingly Chinese-made fleet will give it an edge over rivals.
TUI Group, the world's biggest holiday company, said it was expecting a strong 2021 holiday season and stuck to a plan to operate 75% of its pre-pandemic capacity, as rising vaccination levels mean Europe will open for travel this summer.
Vinted, an online venue for people to buy and sell second-hand clothes, said on Wednesday it had raised $250 million from investors and would invest proceeds in expanding its operations in Europe and beyond.
Copper prices rose on Wednesday, hovering near a record high hit earlier this week, as investors bought commodities to hedge against the risk of inflation due to fast rising costs and commodity price hikes.
Malaysian palm oil futures ended 4% higher on Wednesday to hit a record peak of 4,524 ringgit ($1,096.20) a tonne, helped by concerns of tight global edible oil supply and on trader positioning ahead of a key U.S. report for grains and soybeans.
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