Aluminium prices fell to their lowest in nearly 15 months on Wednesday as expectations of oversupply dominated sentiment, while base metals overall came under pressure from a firmer dollar.
Steel Dynamics Inc. (Symbol: STLD) has been named as the ''Top Dividend Stock of the S&P Metals and Mining Select Industry Index'', according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among the components of the S&
Argentina's new government of libertarian President Javier Milei will seek to raise export taxes to 15% on some grains, though that would not impact tariffs on soy, local newspaper La Nacion reported on Wednesday citing official sources.
U.S. stock index futures edged higher on Wednesday, as the Federal Reserve was widely expected to leave interest rates unchanged at its final monetary policy meeting of the year.
Chicago soybean futures eased for a second session on Wednesday as the forecast for rain in Brazil tempered worries about dryness hurting harvest prospects in the world's top soybean exporter.
Zimbabwe's staple maize harvest is expected to halve to 1.1 million tons in 2024 due to an El Nino-induced drought, Finance Minister Mthuli Ncube said on Wednesday, flagging a huge grain deficit that threatens food security in poor households.
Malaysian palm oil futures on Wednesday recorded their steepest single-day drop in seven weeks due to slowing exports and concerns about biodiesel demand following a slump in crude oil prices, and tracking weakness in rival soyoil.
Farm office FranceAgriMer on Wednesday increased its forecast of French soft wheat exports outside the European Union in 2023/24 to 10.2 million metric tons from 10.1 million projected last month, now 0.4% above last season's level.
Italy's exports to Latin America's largest economies are expected to grow by about 5% in 2024 even as it pushes for a landmark European Union trade pact with several South American countries that could turbocharge trade growth, according to Italian export credit agency SACE.
Russian imports of 1.2 billion eggs will be exempt from duty for the first six months of 2024, the economy ministry said on Wednesday, to help rein in prices as some shops run low on supplies.
China customs updated its list of approved meat exporters on Wednesday with the re-listing of three Australian meat plants, in the latest sign of improving relations between the two countries.
Zara owner Inditex said on Wednesday its net profit jumped 32.5% in February-October, but the fast fashion giant's sales growth in the nine-month period slowed down from a year ago amid tougher times for consumers.
Parts of the river Rhine in south Germany are closed to shipping on Wednesday and are expected to remain shut in the coming days after heavy rain and melting snow increased water levels, navigation authorities said.
A winding down of the post-pandemic spending frenzy is hitting European luxury companies from LVMH to Kering, but none more than Farfetch, an e-commerce pioneer.
Malaysian palm oil futures dropped more than 1% on Wednesday due to slowing exports and concerns about biodiesel demand following a slump in crude oil prices, and tracking weakness seen in rival soyoil.
With Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how are the two fast-fashion pioneers responding to the current market leader, Shein?
Chicago soybean futures lost more ground on Wednesday, with forecast of rains in parts of Brazil's dry oilseed-producing areas easing concerns over dry weather conditions hurting the newly planted crop.
Spotting arbitrage opportunities is something traders in the global agricultural commodity markets are very familiar with.In this interview, Doug Christie, an ex-Cargill agribusiness executive and author of the newsletter Agricultural Commodities Focus, walks us through the conce