Asian flour millers are likely to step up purchases as global wheat supplies are forecast to tighten in the months ahead, with dry weather reducing production in some key exporting countries.
Copper prices were on track for a fourth straight session of declines, pressured by rising inventories and a firm dollar, but trading volumes were tepid as top consumer China is on holiday.
Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 91,234 metric tons of food-quality wheat from the United States, Canada and Australia in a regular tender that closed on Thursday.
Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine river in Germany with surcharges added to the usual freight rates, commodity traders said on Thursday.
Copper prices were on track for a fourth straight session of declines, pressured by rising inventories, but trading volumes were tepid as top consumer China is on holiday.
Imperial Brands said on Thursday trading for the year was in line with its expectations and reaffirmed its forecast, on the back of sustained demand, higher prices and strong adoption of tobacco alternatives such as e-cigarettes.
Jewellery retailer Pandora raised its growth targets on Thursday as it said investments in the brand and store network were paying off, but it sounded a note of caution on China.
Jewellery retailer Pandora on Thursday raised its growth targets as it said investments in the brand and store network were paying off, but it remained cautious on the Chinese market.
The Australian government on Thursday said it expects dry weather and low livestock prices to reduce average farm incomes by 41% in the 2023–24 financial year, taking them back to levels last seen three years ago.
Sandal company Birkenstock needs to sell more clogs and boots and boost sales from its own website and boutiques to attract new shoppers amid a cost of living crisis, investors and analysts said before it lists on the New York Stock Exchange next week.
The whirlwind success of weight-loss treatment Wegovy is providing a bonanza not just for its developer, Novo Nordisk, but also for its home country of Denmark.
The Australian government on Thursday said it expects dry weather and low livestock prices to reduce average farm incomes by 41% in the 2023–24 financial year, taking them back to levels last seen three years ago.
Mexican animal safety authorities confirmed the first case of H5N1 avian influenza in a wild bird on Wednesday, after declaring the country's poultry farms free of the virus earlier in the day.
Malaysian state oil company Petronas and Japan's second-biggest oil refiner Idemitsu Kosan Co signed a preliminary agreement to collaborate on development and distribution of sustainable aviation fuel, the companies said on Thursday.
Chicago corn lost more ground on Thursday, while soybeans eased as prices of both crops came under pressure from advancing U.S. harvest and ample global supplies.
Typhoon Koinu began brushing past the rural far southern tip of Taiwan on Thursday, injuring 190 but causing no deaths, as lashing rains and strong winds cancelled work and classes for millions in a swathe of cities across the island.
Typhoon Koinu began brushing past the rural far southern tip of Taiwan on Thursday, bringing lashing rains and strong winds as a swathe of cities across the island cancelled work and classes.