Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 93,972 metric tons of food-quality wheat from the United States and Canada in a regular tender that closed on Thursday.
Coach parent Tapestry is nearing a deal to buy Michael Kors-owner Capri Holdings, the Wall Street Journal reported late on Wednesday, as the U.S. fashion house looks to bulk up its portfolio to take on larger European rivals.
Israeli airline El Al on Thursday reported a narrower second-quarter loss after the year-earlier period was hit with a large one-time gain and as revenue topped pre-COVID 19 levels.
Luxury and travel stocks were among the leading gainers in Europe on Thursday as investors cheered China's decision to lift a ban on group tours in the United States and other key markets.
Copper prices rose on Thursday on hopes of further Chinese stimulus measures after investors assessed latest weak economic data, although sentiment was cautious ahead of U.S. inflation print that could guide movements in the dollar.
Lean times faced by many U.S. and European companies may last longer than expected as they try to sell off their bulging inventories in an economic climate where demand is stalling.
Malaysian palm oil futures slid on Thursday after a sharp rise in the previous session, but a smaller-than-expected increase in end-July inventories is set to cushion losses.
Danish drugmaker Novo Nordisk on Thursday raised its full-year profit and sales forecast for a second time, but said it would continue to restrict U.S. supplies of starter doses of its hugely popular Wegovy weight-loss drug.
German potash and salt miner K+S on Thursday reported second quarter sales fell 45%, hurt by falling potash prices, but said rising demand and prices could boost performance in the second half of the year.
Malaysia's end-July palm oil inventories rose to a five-month peak on higher production, data from the country's palm oil board showed on Thursday, but missed expectations as exports grew at a faster pace.
China is resuming outbound group tourism to destinations including Japan, South Korea, Australia, the United States, Germany and Britain, its culture and tourism ministry said on Thursday.
Soybean and corn futures edged lower on Thursday as market participants took positions ahead of a key U.S. supply-demand report amid forecasts of improved weather for crops in the Midwest.
Malaysian palm oil futures fell on Thursday, surrendering gains from the previous session, as traders awaited key palm oil board and cargo surveyor data due later in the day.
Copper prices rose on Thursday, as investors and traders bet on the Chinese authorities releasing economic support measures to perk up growth following a series of poor data.
Soybean and corn futures ticked lower on Thursday as market participants took positions ahead of a key U.S. supply-demand report amid forecasts of improved weather for crops in the Midwest.
Malaysia has temporarily suspended live cattle and buffalo imports from Australia, the Australian government said, days after Indonesia paused some imports after lumpy skin disease (LSD) was detected in a small number of cattle after arrival.
Sugarcane processing in late July, as well as in early August, in Brazil's main sugar belt is expected to have reached record or near-record volumes as the weather remains mostly dry, favoring field work, according to analysts.
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