India's Tata Capital is looking to purchase a roughly 13% stake in premium domestic fashion brand Rare Rabbit at a valuation of $300 million, as it seeks to bet on the country's affluent shoppers, three sources familiar with the matter said.
Prices of base metals rose on Thursday on outlook of a potential interest rate cut in the United States next year and that the Federal Reserve's rate hike cycle has come to an end.
Saudi Arabia’s state wheat buying agency GFSA on Thursday said it has issued an international tender to purchase 715,000 metric tons of milling wheat, confirming earlier reports from European traders.
Early holiday shopping season discounts from high-end fashion retailers like Bergdorf Goodman on New York's Fifth Avenue raised concern that a lacklustre Christmas could lead to inventory gluts – potentially dragging labels into a discounting spiral that would cheapen their image.
Saudi Arabia’s state wheat buying agency GFSA on Thursday issued an international tender to purchase an estimated 715,000 metric tons of milling wheat, European traders said.
Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 102,493 metric tons of food-quality wheat from the United States and Canada in a regular tender that closed on Thursday.
Indonesia's trade surplus is likely to narrow in November as exports are seen posting another contraction, while imports are expected to witness a marginal growth, a Reuters poll showed on Thursday.
Germany's METCYCLE, a scrap metal trading platform, has raised $5 million to expand to meet growing demand for recycling raw materials including aluminium used in electric vehicles and lithium used for batteries.
Indonesia has ordered the military to help farmers plant rice as severe drought has reduced output of the staple in Southeast Asia's most populous country, lifting prices, requiring increased imports and threatening food security.
Malaysian palm oil futures remained largely unchanged on Thursday, as lower stocks-induced bargain buying countered pressure from slowing exports and concerns about biodiesel demand after a slump in crude oil prices.
Chicago soybeans were largely unchanged on Thursday after a two-day slide, as expectations of rains in Brazil's parched oilseed producing regions continued to pressure prices.
PDD Holdings' international facing discount e-commerce platform, Temu, filed a lawsuit in a U.S. District of Columbia court on Wednesday alleging rival Shein employed "Mafia-style intimidation" to coerce suppliers that also worked with Temu.
Prices of most base metals rose on Thursday on projections that the U.S. interest rate hike cycle has come to an end, with cuts potentially starting in 2024.
Malaysian palm oil futures remained largely unchanged in early Thursday trade, with bargain buying driven by lower stocks countering pressure from slowing exports and concerns about biodiesel demand after a slump in crude oil prices.
A century after the 1924 Paris Olympic men's marathon was won by Finn Albin Stenroos in two hours 41.22 minutes, next year's Games in the same city could feature the first official sub-two-hour time for the distance after 2023 saw more barriers smashed.
Chicago soybean futures rose for the first time in three sessions on Thursday with bargain-buying underpinning prices, although expectations of rains in Brazil's parched oilseed producing regions limited the gains.
New Zealand dairy group Fonterra said on Thursday food and beverage giant Nestle will make additional payments to its farmers for achieving certain sustainability goals under a new agreement.
Chicago Mercantile Exchange lean hog futures extended a slump, as live cattle futures came under renewed pressure with broad selling hitting agricultural markets on Wednesday.
In trading on Wednesday, shares of ArcelorMittal SA (Symbol: MT) crossed above their 200 day moving average of $26.43, changing hands as high as $26.55 per share. ArcelorMittal SA shares are currently trading up about 2.5% on the day. The chart below shows the one year perfor