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U.S. wheat futures surged 8.6% on Monday, rising their daily maximum at the Chicago Board of Trade (CBOT) after Russia attacked Ukrainian ports and grain infrastructure, including the first attack on Danube River grain warehouses.

FedEx pilots have rejected a tentative contract deal with the parcel delivery firm and the two sides will reopen negotiations, likely under the supervision of the National Mediation Board, the company and the pilots' union said on Monday.

Wildfires and evacuations on the Greek island of Rhodes, and a heat wave blasting much of southern Europe, have raised questions for tourists about their travel insurance coverage.

Unexpectedly strong sales of Yeezy shoes left over from Adidas' abandoned collaboration with rapper Ye should reduce the sportswear giant's expected operating loss this year to 450 million euros ($498.56 million), the company said on Monday.

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The U.S. Department of Agriculture (USDA) is likely to rate 58% of the nation's corn crop as good to excellent in its weekly crop report, up 1 percentage point from a week ago, according to the average estimate of 11 analysts surveyed on Monday.

Luxury giant LVMH unveiled on Monday a deal to sponsor next year's Olympic Games in Paris with top fashion brands Louis Vuitton and Dior, Moet Hennessy champagne and spirits labels and jeweller Chaumet, which will design medals for the event.

U.S. President Joe Biden would veto Republican-backed defense, heath and agriculture spending bills if he were presented with them, the White House said on Monday, alleging House of Representatives speaker Kevin McCarthy was backing away from spending levels agreed to in a debt-limit deal.

A mix of rain and sunshine last week in most of Ivory Coast's main cocoa regions has helped many flowers to turn into pods, dissipating disease fears ahead of the October-to-March main crop, farmers said on Monday.

Airbus is contemplating a management shake-up that could restore a de facto separate leader for its planemaking business and free CEO Guillaume Faury to tackle broader strategic priorities, people familiar with the matter said.

Russian President Vladimir Putin approved on Monday nullifying mineral extraction tax for natural gas used in the production of ammonia and hydrogen in the Arctic, according to amendments to the tax code published on government's web site.

Almost 30 ships dropped anchor near Ukraine's crucial Izmail port terminal after Russia destroyed grain warehouses on the Danube river on Monday, data showed, although it was unclear exactly what had caused them to stop.

The European Union's crop monitoring service on Monday reduced all of its crop yield forecasts for this year's harvest in the bloc, including grains, oilseeds and sugar beet, citing dry and hot weather conditions.

Raw sugar futures on ICE hit a fresh one-month high on Monday as adverse weather kept investors worried about supplies, while arabica coffee also gained.

FXEmpire.com - Natural Gas Price Forecast Video for 25.07.23

Vietnam has approved the domestic commercial use of two home-grown vaccines against African swine fever, the government said on Monday, making them the world's first commercial vaccines against the deadly disease.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

Last month, the US Environmental Protection Agency (EPA) issued a new rule under the Renewable Fuel Standard (RFS) program that establishes the biofuel volume requirements until 2025. 

Commercial Metals Co. (Symbol: CMC) has been named as a Top 5 dividend paying metals and mining stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among metals and mining companies, CMC shares displayed both attract