Delta Air Lines and American Airlines Group will operate more flights to China soon, the two carriers said on Wednesday, as they look to capitalize on strong travel demand in the Asia-Pacific region.
Loss-making private jet firm Wheels Up Experience nabbed a key $500 million lifeline but still faces turnaround challenges, as demand for private travel softens in the wake of the COVID-19 pandemic and rival operators lure some of their customers.
Chicago Board of Trade corn futures rose on Wednesday as the market recovered slightly after improved U.S. crop conditions and concerns about China's economy pushed the market to its lowest level since December 2020.
Accelerated Brazilian chicken production will continue at least through the end of 2024, according to a lobby group for chicken and pork processors on Wednesday, in a sign that a global chicken glut may not subside soon.
Soft wheat exports from the European Union so far in the 2023/24 season had reached 3.72 million metric tons by Aug. 13, down 11%from 4.19 million a year earlier, data published by the European Commission showed on Wednesday.
A World Trade Organization (WTO) dispute settlement panel on Wednesday found that China had acted inconsistently with its WTO obligations by imposing additional duties on certain U.S. imports in response to U.S. tariffs on steel and aluminium.
The office of the U.S. Trade Representative on Wednesday said it was pleased with a World Trade Organization panel report that it said recognized the United States' section 232 actions on steel and aluminum are security measures and rejected China's arguments.
Citibank has bought large amounts of zinc on the London Metal Exchange (LME) and arranged a lucrative deal to store the metal in LME approved warehouses, two sources with knowledge of the matter said.
APK-Inform agriculture consultancy on Wednesday increased its forecast for Ukraine's 2023 grain harvest to 53.1 million metric tons from the previous outlook of 48.9 million thanks to favourable weather.
Brazilian food and fuel processor Caramuru Alimentos, one of the country's largest grain crushers, has started selling soybean-based ethanol at one of its plants in center-western Brazil, it said on Wednesday.
Chicken output in Brazil, the world's largest supplier, is expected to grow in 2023 and continue to increase in 2024, in a sign that a global chicken meat glut will continue for some time, according to projections from ABPA, a lobby representing chicken and pork processors.
London cocoa futures fell on Wednesday, pressured by the strength of sterling as the UK currency looked poised for its biggest one-day rise against the dollar in three weeks.
Brazil's Cooxupe, the world's largest coffee co-operative and the country's biggest coffee exporter, said on Wednesday the 2023 harvest in the areas where it operates has reached 81.9% of the fields by Aug. 11.
Chicken output in Brazil, the world's largest supplier, is expected to grow in 2023 and continue to increase in 2024, in a sign that a global chicken meat glut will continue for some time, according to projections from ABPA, a lobby representing chicken and pork processors.
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