Saudi Arabia’s flagship mining company Ma'aden is working to extract lithium from seawater, its chief executive Robert Wilt said on Wednesday, as competition for the rare metal rages between the U.S. and China.
We speak with Ruth Crowell, CEO of LBMA, about the gold market and the trends that impact it. Crowell also shares what the gold market will look like for the remainder of the year.
U.S. soybean exporters have recently seen less action than usual from top customer China, though the two parties signed a deal on Monday that could pave a path toward more Chinese purchases.
Chicago corn, wheat and soybean futures consolidated on Wednesday, with corn pausing after a near two-week low, as the markets monitored rain in South American and U.S. crop belts and awaited news of further exports to China.
The European Union must offer greater market access for Australian beef, lamb and sugar if it wants Canberra to agree a trade deal, Australia's Trade Minister Don Farrell said on Wednesday.
Ivory Coast expects a 25% drop from last year in main crop cocoa arrivals due to poor weather conditions, the director of the Coffee and Cocoa Council (CCC) regulator said on Wednesday.
Italian luxury group Moncler is expected to post a healthy rise in quarterly sales thanks to a strong brand and despite the warmer weather, although growth will be slower than in the first half.
Copper prices fell in London on Wednesday as a stronger dollar and further signs of stagnating euro zone economy offset support from economic stimulus in top metals consumer China.
The United States will roll over its suspension of tariffs on European Union steel and aluminium if the two sides need more time to agree on measures to address overcapacity and low-carbon production, the U.S. ambassador to the EU said on Wednesday.
India will provide potash at lower prices during the upcoming winter crop season and will try to keep prices of other fertilisers unchanged, the country's information minister said on Wednesday.
Shares in French group Kering fell on Wednesday to their lowest since March 2020, dragging down other luxury stocks, after the company reported weaker than expected sales for the third quarter at all of its fashion labels.
Zara owner Inditex, the world's biggest clothing retailer, has agreed to buy recycled polyester from U.S. start-up Ambercycle, the companies said on Wednesday.
Rain across almost the entire territory of Ukraine has significantly improved conditions for the development of winter crops, which previously suffered from widespread drought, the APK-Inform consultancy said on Wednesday.
Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity, and will list some of its businesses through a blank-cheque company, the Financial Times reported on Wednesday.
Zara owner Inditex, the world's biggest clothing retailer, has agreed to invest in and buy recycled polyester from U.S. start-up Ambercycle, according to a document seen by Reuters.
Indian shares rose on Wednesday, led by a rise in metals after markets cheered China's approval of a mega sovereign bond issue as a sign of stimulus, while an easing of U.S. Treasury yields and crude oil prices further helped sentiment.
Copper prices in Shanghai climbed to a two-week peak on Wednesday, underpinned by better demand outlook following top consumer China's decision to roll out fresh stimulus measures to support the economy.
Reuters
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28 minutes 11 seconds ago
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