European shares rose on Wednesday on a boost from shares of Kering after top management changes at the luxury group, while London stocks firmed following data which showed a faster-than-expected slowdown in British inflation.
Five Central European EU members will jointly ask the European Union on Wednesday to extend a ban on Ukrainian grain imports beyond a deadline that expires on Sept. 15 to avoid major market disruption, Hungary's farm minister told Reuters.
Copper prices slid on Wednesday amid gloomy demand outlook in top consumer China and expectations of rising supplies, despite support from the dollar's weakness.
China will release cotton from state reserves in late July, according to an announcement posted by the China Cotton Reserves Management Company late on Tuesday.
European shares rose on Wednesday on a boost from shares of Kering after it named Gucci's new CEO, while London stocks firmed after data showed a faster-than-expected slowdown in British inflation.
Norway's Yara International, one of the world's largest fertiliser makers, reported second-quarter earnings well below forecasts on Wednesday due to falling prices for its products.
Norway's Yara International, one of the world's largest fertiliser producers, reported second-quarter earnings well below forecasts on Wednesday due to falling prices for its products.
Prices of copper slid on Wednesday, amid gloomy demand outlook in top consumer China and expectations of rising supplies, despite support from the weakness in the dollar.
Chinese e-retailer Temu said on Wednesday it has been the target of rival Shein's "unlawful exclusionary tactics" since Temu's U.S. launch in 2022, ramping up a feud between the fast-fashion competitors days after a lawsuit was filed.
The luxury goods industry has relied heavily on China and North America for growth in recent years, but latest Chinese economic figures and a disappointing sales update from Cartier-owner Richemont suggest both markets may be starting to slow.
Prices of copper dipped on Wednesday, weighed by demand concerns in top consumer China where supply is expected to rise, although losses were capped by a weak dollar.
Ukrainian air defence systems were engaged in the early hours of Wednesday in repelling a Russian air attack on the southern port of Odesa for a second consecutive night, the region's governor said.
American Airlines' pilot union has warned that the ratification of the company's new contract deal is in "jeopardy" as United Airlines has raised the benchmark with its own deal, according a union memo seen by Reuters.
The following are analysts' estimates for the U.S. Department of Agriculture's monthly Cattle on Feed report, which is due on Friday at 2 p.m. CDT (1900 GMT).
American Airlines' pilot contract agreement is in "jeopardy" as United Airlines has changed the "playing field" with its own deal, the Texas-based carrier's union said in a memo seen by Reuters.
U.S. soybean futures touched a one-month high on Tuesday on concerns about the risk of U.S. supplies tightening and unfavorable weather hurting yields, analysts said.
President Joe Biden has created a new role on the National Economic Council (NEC) to tackle anti-competitive business practices, naming NEC member Hannah Garden-Monheit as Director of Competition Council Policy, the White House said on Tuesday as it prepares to challenge new corporate sectors.
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