Brazilian sugar mills were quick to start cane crushing in the new center-south season, processing 3 million tonnes in the first half of March, 88% more than in the same period a year earlier, cane industry group Unica said on Wednesday.
Venezuela has opened talks with China over possible financial support to cope with a sharp drop in oil prices and the arrival of the novel coronavirus, four sources familiar with the negotiations said.
In trading on Wednesday, shares of AngloGold Ashanti Ltd (Symbol: AU) crossed above their 200 day moving average of $19.64, changing hands as high as $21.34 per share. AngloGold Ashanti Ltd shares are currently trading up about 10.5% on the day. The chart below shows the one
A compromise $2 trillion economic rescue package that will be voted on by the U.S. Senate on Wednesday is set to give passenger airlines about $25 billion in grants, and up to another $8 billion for cargo carriers and airport contractors like caterers, three people briefed on the negotiations said.
Nike Inc shares rose 8% on Wednesday after the sportswear maker's impressive recovery in China sales offered hope that it was prepared to cope with the financial fallout of the coronavirus pandemic in other markets.
Britain is continuing talks with the aviation industry about how best to support the sector, Prime Minister Boris Johnson and a pilots' union said on Wednesday, reviving the prospect of a sector-specific support package that had seemed to be on hold.
The Trump administration has decided not to appeal a court ruling that would sharply reduce its use of waivers exempting refineries from the nation's biofuels regulation, cheering the corn lobby but drawing anger from oil refiners.
South Africa will likely harvest 31% more maize in 2020 after good weather condition and increased yields in the Free State, North West provinces, the government's Crop Estimates Committee (CEC) said on Wednesday.
European Central Bank chief Christine Lagarde asked euro zone finance ministers during a videoconference on Tuesday evening to seriously consider a one-off joint debt issue of "coronabonds" to help fight the coronavirus pandemic, four officials said.
When Europeans first arrived in the Amazon rainforest, their smallpox decimated local tribes. Then rubber tappers, gold miners and settlers brought malaria, measles and influenza.
The number of recorded coronavirus cases in Russia reached 658 on Wednesday, a day after the mayor of Moscow told President Vladimir Putin that the real scale of the problem in the Russian capital far exceeded official figures.
Disposable rubber gloves are indispensable in the global fight against the new coronavirus, yet a month's lockdown in stricken Malaysia where three of every five gloves are made has upended the supply chain and threatens to hamstring hospitals worldwide.
U.S. senators will vote on Wednesday on a $2-trillion bipartisan package of legislation to alleviate the devastating economic impact of the coronavirus pandemic, hoping it will become law quickly so they can get out of Washington.
The head of the European Central Bank Christine Lagarde asked euro zone finance ministers at a videoconference on Tuesday evening to seriously consider a one-off joint debt issue of "coronabonds" to help fight the epidemic, two officials said.
Disposable rubber gloves are indispensable in the global fight against the new coronavirus, yet a month's lockdown in stricken Malaysia where three of every five gloves are made has upended the supply chain and threatens to hamstring hospitals worldwide.
Hong Kong's anti-corruption unit has charged a former exchange official with bribery and misconduct over a 2017 IPO application by thread manufacturer Shen You Holdings.
Plane parts maker FACC said it would not pay a dividend for last year and would re-evaluate a 33-million-euro ($36 million) project in Croatia as part of measures to deal with falling demand due to the coronavirus.
European airlines crippled by the coronavirus have demanded lasting relief from environmental taxes - in a move that pits their immediate survival against longer-term emissions goals.
Reuters
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