Britain's competition regulator said it provisionally backed the aviation regulator, the CAA, in most of its decisions over how much Heathrow Airport can charge airlines over the 2024-2026 period, after both airlines and the airport launched appeals.
Malaysian palm oil futures were set for their first weekly drop in four as the market extended losses on Friday, pressured by weakness in rival vegetable oils and expectations of higher production in August.
A group of South Korean flour mills rejected all offers and made no purchase of around 45,000 metric tons of milling wheat to be sourced from Canada sought in an international tender on Thursday, European traders said on Friday.
New Zealand Prime Minister Chris Hipkins said campaigning ahead of the Oct. 14 election was just ramping up as parliament was dissolved on Friday, with opinion polls suggesting six years of centre-left Labour government were likely to end next month.
Malaysian palm oil futures were set for their first weekly drop in four as the market fell further on Friday, dragged down by weakness in Dalian and Chicago Board of Trade (CBOT) rival oils.
Chicago soybeans eased on Friday and the market was on track for a second consecutive weekly drop on expectations of large harvests in South America, although strong demand from top buyer China limited losses.
Chicago soybean prices were on track for a second consecutive weekly fall on Friday as expectations for large harvests in Argentina and Brazil offset concerns about a heat-damaged crop in the United States.
China has rediscovered its appetite for imports of refined zinc after a prolonged absence from the international market. The country took in 76,800 metric tons of metal in July, the highest monthly tally since April 2019. China has stepped up domestic output of refined zinc this year, but the Shanghai market continues to be plagued by low inventory and tight time-spreads.
A U.S. judge has rejected a bid by a subsidiary of Chilean mining company Antofagasta Plc to restore canceled mineral leases for a proposed $1.7 billion Minnesota copper and nickel mine, which the Biden administration had blocked over concerns it could pollute a major recreational waterway.
U.S. soybean futures fell on Thursday as grain traders waited for farmers to harvest their fields and for the government to release updated crop estimates.
When the U.S. government published its August estimates for corn and soybean yields, many analysts thought those could be the lowest numbers seen this season given supportive weather across the U.S. Corn Belt in early August.
U.S. soybean futures fell on Thursday as grain traders waited for farmers to harvest their fields and the government to release updated crop estimates next week.
New Era Cap LLC, a supplier of major U.S. sports league headware, has kicked off preparations for an initial public offering (IPO) in New York that could value it at $4 billion to $5 billion, according to people familiar with the matter.
London cocoa futures on ICE steadied on Thursday, having hit a 46-year peak above 3,000 pounds a metric ton in the previous session. Coffee fell, while raw and white sugar both rose.
Cocoa output from the world's second biggest producer Ghana for the 2022/2023 season is expected to be lower by around 11% than a target of 750,000 tonnes due to smuggling and illegal gold mining on farmlands, four sources told Reuters.
Belgian sustainable crop management provider Biobest Group has reached a deal to acquire Brazilian peer Biotrop as it looks to expand its footprint in the South American agricultural powerhouse, the companies announced on Thursday.
Reuters
Checked
21 minutes 39 seconds ago
This feed is responsible for generating the rss feed related to the topic Commodities