Walmart and Centric Brands are investigating their supply chains in Cambodia over allegations that inmates at the country's largest women's prison were illegally employed to produce garments for export, following questions posed by Reuters and inquiries from a U.S. industry group about labour practices there.
Copper prices rebounded on Monday after posting a third consecutive weekly decline, helped by low stocks and expectations of a demand pick-up in the autumn season but gains were capped by China's property and economic woes.
Russia said it foiled attacks by two Ukrainian drones in the Moscow region on Monday but nearly 50 plane flights in and out of the capital were disrupted.
Chicago soybeans rose 1.5% to on Monday, climbing to their highest levels in more than three weeks, while corn gained more ground as concerns over hot and dry weather conditions in the U.S. Midwest buoyed agricultural markets.
Copper prices rebounded on Monday after posting three consecutive weekly losses, lifted by better sentiment as China's central bank vowed to resolve local government debt risks, while low stocks also lent some supports.
China's Ministry of Finance has arranged for a one-time subsidy fund of 2.4 billion yuan ($329.67 million) for fertilisers and pesticides for corn and soybeans grown in the north of the country, state media said on Monday.
Artist Carmen Rose used to perform regularly in Malaysia, until a police raid last year put an end to the veteran drag queen's act and fuelled the fears of the LGBTQ community at a time when Islamists are rapidly gaining political clout.
Chicago corn rose more than 2% on Monday to its highest in one week, while soybeans climbed to their highest level since late-July as concerns over hot and dry weather conditions in the U.S. Midwest buoyed the markets.
China's Finance Ministry has
arranged for a one-time subsidy fund of 2.4 billion yuan
($329.67 million) for fertilisers and pesticides for corn and
soybeans in key northern areas of the country, state media said.
($1 = 7.2800 Chinese yuan renminbi)
(Reporting by Shanghai newsroom; Writing by Liz Lee; Editing by
Christian Schmollinger)
((liz.lee@thomsonreuters.com;))
nK7N39A01Q
The U.S. Crop Watch corn and soybean fields last week endured one of their driest collective weeks of the last couple months, though the increasingly familiar theme of cooler temperatures prevented any sizable decline in yield expectations.
London Metal Exchange (LME) zinc stocks have more than doubled to 145,975 metric tons over the last month and are now at their highest level since February 2022.
Food technology company ENOUGH, which has partnerships with Unilever and Marks & Spencer, has raised 40 million euros ($43.5 million), attracting investment despite signs of a slowdown in the alternative meat and protein sector.
Speculators have ramped up their comfort with global corn supplies this month, though U.S. crop uncertainties continue lingering as the Corn Belt will be gripped by hot and dry weather this week, possibly impacting yield.
Tropical storm Hilary lashed the Baja California peninsula with heavy rains on Sunday as it hurtled towards the U.S. Southwest, where forecasters warned it would trigger life-threatening and "catastrophic" flooding amid historically large rainfall.
Egypt expects to begin reaping the benefits of an Abu Dhabi-financed deal to buy $500 million of imported wheat in January, supply minister Ali Moselhy said on Sunday.
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