Luxury goods group Kering warned on Tuesday that its first-quarter sales are likely to drop by around 10%, weighed down by star label Gucci, knocking back hopes that it had stemmed sales declines.
London cocoa futures steadied after touching record highs on Tuesday as investors took profits despite turmoil over a sharp drop in supplies from top producers Ivory Coast and Ghana.
The London Metal Exchange (LME) plans to list Jeddah, a Saudi Arabian Red Sea port city, as a new delivery point for copper and zinc subject to consultation on a technical change to the LME's warehouse location framework, it said on Tuesday.
Dries Van Noten, one of Belgium's most famous fashion designers, said on Tuesday he will step down at the end of June after designing his last collection and will appoint his successor at a later date.
Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CDT (1330 GMT) on Tuesday.
A Russian idea backed by President Vladimir Putin for a BRICS grain exchange that would allow buyers to purchase directly from producers is gaining traction ahead of summit of the group in October, the head of the Russian Union of Grain Exporters said.
Egypt will allocate more than 125 billion Egyptian pounds ($2.66 billion) for bread subsidies in its 2024/2025 state budget and more than 147 billion pounds ($3.13 billion) in petroleum products subsidies, a finance ministry statement said on Tuesday citing Finance Minister Mohamed Mait.
Jordan's state grain buyer has issued an international tender to buy up to 120,000 metric tons of milling wheat which can be sourced from optional origins, European traders said on Tuesday.
Chicago wheat futures consolidated on Tuesday after a sharp rebound in the previous session, with investors setting war risks to Black Sea trade against ample global supply and a rising dollar.
London cocoa futures hit a fresh record high on Tuesday, with the market still in turmoil over the sharp downturn in supplies in top producers Ivory Coast and Ghana.
Malaysian palm oil futures shed early strength to edge lower on Tuesday, in the absence of no new catalysts in the market and weakness in Dalian and Chicago soy oils.
Copper prices fell in London on Tuesday as investors locked in profits from the metal's recent rally and the dollar rose ahead of the U.S. Federal Reserve decision on rates.
Airbus takes no pleasure in the technical problems plaguing U.S. rival Boeing as they damage the image of the entire aerospace industry, the CEO of the European planemaker said on Tuesday.
Italy's Rivetti family, former owner of the Stone Island brand, said on Tuesday it had sold a stake in Moncler, sending the Italian luxury group's shares down by as much as 3.5%.
NUO, an investment vehicle indirectly owned by Italy's Agnelli family and by a Hong Kong family office, has bought 30% of Subdued, a womenswear clothing chain popular with teenagers, NUO said on Tuesday.
China has approved 27 genetically modified corn seed varieties and 3 GM soybean varieties, expanding its list of approvals as it aims to increase the development and planting of high-yielding crops.
Global shares dipped on Tuesday while the yen slid after the Bank of Japan met market expectations and ended eight years of negative interest rates, likely the highlight of a busy week for central banks.
Ukraine shipped 1.33 million metric tons of grains through the Romanian Black Sea port of Constanta in the first two months of the year, the port authority said on Tuesday.
Ukraine shipped 1.33 million metric tons of grains through the Romanian Black Sea port of Constanta in the first two months of the year, the port authority told Reuters on Tuesday.