Bayer said on Tuesday that last month's cut to its full-year earnings target was mainly driven by a bleaker outlook at its Crop Science division and by expectations for flat pharmaceuticals sales.
A Syrian state grains agency has issued an international tender to purchase and import 200,000 metric tons of soft milling wheat, European traders said on Tuesday.
Commodities and mining group Glencore on Tuesday said it remains on the hunt for acquisitions, including a possible partial or full takeover of Canada's Teck Resources, after reporting a halving in earnings in the first six months of the year.
Indonesia's consumption of palm oil-based biodiesel for the first six months of this year was 5.41 million kilolitres, data from palm oil fund agency BPDPKS showed on Tuesday.
Japanese trading house Mitsui & Co plans to invest $360 million in an Ecuadoran shrimp farming company to cement its role in the industry and capture rising consumer demand for higher protein food.
Advent International has agreed to acquire a majority stake in Australian fashion brand Zimmermann from the founding family and Italian fund Style Capital, the private equity firm said on Tuesday.
A Syrian state grains agency has issued an international tender to purchase and import 200,000 metric tons of soft milling wheat, European traders said on Tuesday.
Glencore said on Tuesday its earnings had halved in the first half even as it as it keeps its eyes set on acquisitions, including a possible partial or full takeover of Canada's Teck Resources.
Russia's lack of ships and Western grain traders' shrinking appetite for business with Moscow are adding to rising costs of moving Russian wheat, at a time when the war in Ukraine has spilled perilously close to vital Black Sea supply routes.
Frankfurt Airport operator Fraport on Tuesday updated its 2023 core profit and net income forecasts, after first-half earnings were boosted by higher passenger volumes and strong demand for holiday travel.
Prices of copper, used as a gauge of economic health, drifted lower on Tuesday as the dollar strengthened, with markets awaiting key economic data from the U.S. and China for clues on demand outlook of the red metal.
Chicago soybean and corn futures rose on Tuesday with bargain-buying supporting prices, although gains were curbed by improved condition of both crops in the U.S. Midwest.
Weekly condition ratings for the U.S. corn crop improved in the past week more than analysts expected but spring wheat crops deteriorated, U.S. government data showed on Monday.
Smithfield Foods, the world's biggest pork processor, is permanently closing 35 hog farm sites in Missouri and laying off 92 employees in October, according to a Missouri Worker Adjustment and Retraining Notification Act (WARN) notice.
Major U.S. airlines on Monday asked the Federal Aviation Administration to extend cuts to minimum flight requirements at congested New York City-area airports and a Washington airport, citing a lack of adequate air traffic control staffing.
Chicago Board of Trade soybean futures dropped 2.3% on Monday as rainy weather across much of the key U.S. crop belt and forecasts for good growing conditions for August pushed prices to their lowest in more than five weeks.
London cocoa futures on ICE hit 46-year highs on Monday, buoyed by investor bets on a third successive deficit next season, while raw sugar turned higher after earlier slipping to its lowest in nearly a month.
"The Amazon brings people health," said Brazilian merchant Edison Rosa, holding out a handful of glistening, dark purple antioxidant-rich acai berries - touted worldwide as a superfood. "Without the forest, no one lives."
Smithfield Foods Inc, the world's biggest pork processor, will close some of its operations and lay off 92 workers in northwestern Missouri this fall, according to the state's Worker Adjustment and Retraining Notification Act (WARN) data.
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