The Indonesian Attorney General's Office has launched a corruption investigation into the country's palm oil fund agency, which oversees the collection and distribution of export levies on the commodity.
Australia's Qantas Airways said on Wednesday it would pay Alan Joyce, its former CEO who retired earlier this month, a remuneration of A$21.4 million ($13.8 million) for fiscal 2023, a near 10-fold jump from last year.
Malaysian palm oil futures traded in a tight range on Wednesday, as market participants weighed weak shipments from the world's second largest exporter and support from a weak ringgit.
Chicago wheat rose on Wednesday, recouping some of this week's losses as uncertainty over supplies from Ukraine and expectations of lower output in key exporting countries supported prices.
Boeing on Wednesday slightly increased its annual 20-year forecast for new plane deliveries to China, citing economic growth and increasing demand for domestic travel.
Chicago wheat futures regained some ground on Wednesday, supported by uncertainty over exports from Ukraine and expectations that dry weather will reduce output in Australia and Argentina.
Strong winds and a rare, intense heatwave in early spring fanned dozens of bushfires across Australia's southeast, prompting extreme fire danger warnings on Wednesday for the greater Sydney region, home to more than 5 million people.
Airline operator ANA Holdings plans to offer around $60 million worth of shares to thousands of employees, the latest Japanese company to use employee share incentives as a tool to retain talent and comply with a request by the regulator to pay more attention to share price performance.
Raw sugar futures on ICE rose to the highest in 12 years on Tuesday on fund buying against the backdrop of production difficulties in Asia, while arabica coffee rose to the highest in more than a month.
Brazil's overall grain production in the 2023/2024 cycle is set to shrink 1% compared with the previous season, totaling 319.5 million metric tons, the food supply and statistics agency Conab predicted on Tuesday.
Ukraine should remember that it receives help from Poland, the Polish president said on Tuesday, amid a deepening dispute between the countries over agricultural imports.
Algeria’s state grains agency OAIC has started buying milling wheat in an international tender which closed on Tuesday, European traders said in initial assessments.
U.S. corn futures rose on Tuesday in choppy trading, lifted bargain buying after prices touched the lowest levels in nearly three years, but limited on the upside by expectations of an ample harvest and weak export demand, traders said.
Air France's KLM said on Tuesday that it had cancelled five flights that were scheduled to fly over Azerbaijan due to the escalation in the Nagorno-Karabakh region.
Algeria’s state grains agency OAIC has started buying milling wheat in an international tender which closed on Tuesday, European traders said in initial assessments.
Copper prices extended losses on Tuesday, as inventories piled up and as traders worried ahead of a U.S. Federal Reserve policy meeting that prolonged high interest rates could dampen metals demand.
Reuters
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20 minutes 36 seconds ago
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