Louis Dreyfus Company (LDC) remains positive about Chinese demand as a source of growth for agricultural markets, despite rebalancing in other parts of the Asian nation's economy, the CEO of the global commodity merchant told Reuters on Thursday.
The German Football Association (DFB) announced that American sportswear giant Nike would become their official supplier from 2027 onwards, ending a decades-long partnership with German firm Adidas.
The CEOs of American Airlines, United Airlines, Visa and Mastercard will not testify at an April 9 hearing on credit card competition, the chair of the Senate Judiciary Committee said Thursday.
The global sugar market is projected to have a larger than expected supply surplus in the 2023/24 October to September season due to production recoveries in India and Thailand in the later stages of their crops, broker StoneX said on Thursday.
Glencore Plc has halted operations at its McArthur River zinc and lead mine (MRM) in Australia following heavy rainfall this week, the company said on Thursday.
Disruption to shipments in the Red Sea will not prompt British clothing retailer Next into a major re-think on where it sources its products, its boss said on Thursday.
Big-box retailer Target is doubling the bonuses for its salaried employees this year, Bloomberg News reported on Thursday, citing people familiar with the matter.
Cocoa futures in both New York and London climbed to record peaks on Thursday as the market continued its relentless rise driven by a supply shortage while coffee and sugar prices were also higher.
Chicago soybeans rose for a second session on Thursday to hit a two-month high, as excessive rains in Argentina raised worries over supplies and triggered short covering.
Malaysian palm oil futures dropped on Thursday, erasing earlier gains, amid uncertainty over production growth and some correction in rival vegetable oils.
Global agricultural commodity group Louis Dreyfus Company (LDC) on Thursday reported a 15.5% decline in 2023 sales due to a sharp drop in commodity prices amid geopolitical tensions and climate-related disruptions to trade flows.
Brazil is expected to post its third annual increase in coffee production this year, a rare sequence seen only seven times in 144 years of coffee history in the world's largest grower and exporter of the beans, according to data compiled by Reuters.
The U.S. Department of Transportation (USDOT) is opening a review of how the 10 largest U.S. airlines collect, handle and use the personal information of passengers.
Japan Airlines plans to buy 42 jets from April 2025 to March 2034 with a catalogue price of about $12.39 billion as it seeks higher fuel efficiency and plans to expand international services, the airline said on Thursday.
Cereal and oilseed imports to China, the world's biggest buyer of farm goods, will remain near record highs this year despite a recent spate of cancellations as lower global prices and a domestic output shortfall prompt purchases.
Japan Airlines plans to buy 31 wide-body and 11 narrow-body jets in the years from April 2025 to March 2034 as it eyes higher fuel efficiency and plans to expand international services, the airline said on Thursday.
FXEmpire.com -
Market Overview
Gold prices soared to unprecedented heights in the Asian market on Thursday, influenced by the U.S. Federal Reserve’s decision to maintain steady interest rates
FXEmpire.com -
Market Overview
The oil market experienced a resurgence as U.S. crude and gasoline stock drawdowns bolstered prices, despite the Federal Reserve’s indications of maintaining higher interest rates for an exten