Russia's rouble slumped on Thursday, after Washington announced new sanctions targeting the country's sovereign debt, while most other emerging market currencies rose, with Mexico's peso hitting a two-month high.
Raw sugar futures on ICE hit their highest in nearly a month on Thursday as commodities and global equities steadied at lofty levels and investors remained nervous about harvest prospects in top producer Brazil. [MKTS/GLOB] [O/R] [GRA/]
The European Union is concerned that time is running out for the United States to remove tariffs imposed by former President Donald Trump on steel and aluminium, a senior EU trade official said on Thursday.
China's Luckin Coffee Inc said on Thursday it would receive a $240 million investment from two shareholders, as the coffee chain tries to recover from an accounting fraud last year that derailed its business.
Delta Air posted a bigger-than-expected loss for the first quarter on Thursday, while also forecasting a return to profitability later this year as more people get vaccinated and start traveling again.
Retail giant Walmart is among the worst offenders in a new ranking of companies in Latin America that sell eggs from caged chickens, part of a new list of firms from Mexico to Argentina that aims to encourage more humane supply practices.
Raw sugar futures on ICE hit their highest in nearly a month on Thursday as commodities and global equities steadied at lofty levels and investors remained nervous about harvest prospects in top producer Brazil. [MKTS/GLOB] [O/R] [GRA/]
Retail giant Walmart is among the worst offenders in a new ranking of companies in Latin America that sell eggs from caged chickens, part of a new list of firms from Mexico to Argentina that aims to encourage more humane supply practices.
Thousands of Indian farmers, protesting over three new agricultural laws that they say threaten their livelihoods, have vowed to continue with their around-the-clock sit-ins despite a sharp rise in coronavirus cases in the country.
Projected U.S. corn supplies are still waning toward multi-year lows despite dragging ethanol output, though recent production and demand figures along with an upbeat outlook for the summer driving season should instill some optimism over the corn-based biofuel.
Aluminium hit its highest level since May 2018 on Thursday over fears that top producer China could further cut output to reduce emissions, while a weaker dollar made metals broadly more attractive.
Ukraine's UMG Investments plans to build a grain export terminal at the Black Sea port of Pivdenyi near Odessa with the annual capacity of 9 million tonnes, it said on Thursday.
Malaysian palm oil futures jumped 2% to close at a one-week high on Thursday, boosted by stronger exports during the first two weeks of April and expectations of continuous tight supply.
The Shanghai Half Marathon, scheduled for Sunday, has scrapped plans to provide runners with Adidas-branded T-shirts, according to messages sent to participants, as the German firm remains under pressure in China over comments it made on cotton from the country's western Xinjiang region.
Chicago corn futures surpassed the $6 per bushel level for the first time in eight years on Thursday as concerns over cold weather damage to the crop across the U.S. grain belt underpinned prices.
Consultancy Strategie Grains on Thursday raised its monthly forecast for soft wheat exports from the European Union and Britain in the 2020/21 season by 200,000 tonnes to 25.4 million tonnes, adding pressure on its low ending-stock forecast.
BHP Group Ltd said on Thursday it completed its first refuelling of a ship with biofuel this month in a trial run that is part of its efforts to reduce carbon emissions.
China's wheat feeding to pigs and poultry has dented demand for alternate feeds and clouded the market outlook for soybean meal and other key ingredients used by the country's massive feed sector, analysts and traders said.
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