India's sugar production is likely to fall 8% to 33.7 million metric tons in the 2023/24 marketing year, which starts on Oct. 1, a leading trade body said on Tuesday, as lower rainfall in key producing states could dent yields.
Italian fashion group Prada reported a 10% rise in third quarter revenues on Tuesday as a strong performance in Asia and Europe helped to compensate for weakness in the Americas.
Chile's Latam Airlines fourth-quarter bookings are looking "in a strong position" in almost every segment so far, executives at the company said in an earnings call on Tuesday following the publication of a healthy set of third quarter financial results.
A U.S. Department of Justice lawyer on Tuesday urged a federal judge to block JetBlue Airways' planned $3.8 billion acquisition of ultra-low-cost carrier Spirit Airlines at the start of closely-watched antitrust trial.
Shipping agent Cargonave said on Tuesday Berth 201 on the West Corridor of Brazil's port of Paranagua would resume normal operations on Thursday, according to a note to clients based on information it said it received from the local port authority.
Wall Street's main indexes were set for a higher open on Tuesday as Treasury yields fell in the run-up to the Federal Reserve's monetary policy meeting, while investors assessed the latest batch of earnings reports.
Copper prices came under pressure on Tuesday as demand concerns resurfaced after weak manufacturing data from top consumer China spurred selling, while a softer dollar provided some support.
Nine-month revenues for Italian fashion group Prada rose 17% at constant exchange rates as a strong performance in Asia and Europe helped to compensate for weakness in the Americas, the company said on Tuesday.
Chicago wheat futures extended losses on Tuesday, on easing supply concerns in the southern hemisphere but prices were still heading for their first monthly rise since July.
Chinese aluminium smelters plan to cut production in the coming months during the dry season in Yunnan province due to reduced hydropower availability, metals information provider SMM said in a report on Tuesday.
London cocoa futures on ICE edged higher on Tuesday, with the market consolidating just below the prior session's record high, while coffee and sugar prices also rose.
German seed producer KWS Saat said on Tuesday it will sell its Chinese corn business due to new regulations that could mean its conventionally bred traits would be unable to compete with genetically modified corn over the longer term.
The private placement of bonds by Indian corporates likely hit a five-year low in October as tight liquidity and the central bank's plan of debt sales prompted companies to push back their fundraising goals.
South Korea's Major Feedmill Group (MFG) has purchased an estimated 132,000 metric tonnes of animal feed corn to be sourced from optional origins in an international tender on Tuesday, European traders said.
Malaysian palm oil futures fell for a second consecutive session on Tuesday, weighed down by concerns over rising stockpiles and weakness on the Dalian.
The U.S. Department of Justice heads to trial on Tuesday to urge a federal judge to block JetBlue Airways' planned $3.8 billion acquisition of ultra-low-cost carrier Spirit Airlines.
Thailand will reverse a 20% increase in domestic sugar prices, a senior official said on Tuesday, after cabinet approved classifying the commodity as a controlled good.
Reuters
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