Lithium prices rebounded this week for the first time in five months after tumbling from record highs, but new supply of the key mineral for electric vehicle (EV) batteries coming on stream is likely to weigh on the market next year.
Phoenix Suns' Kevin Durant has signed a 'lifetime contract' with sportswear giant Nike, the NBA star said on Friday, following in the footsteps of greats Michael Jordan and LeBron James as the only basketball players to have lifetime deals.
Copper prices steadied on Friday as China pledged to boost growth in the world's top metals consumer, but gains were capped by weak demand and signs of a slowing global economy.
Paraguayan soy origination company Ovetril has taken over the administration of Paraguay's Don Severo port terminal, in the town of Antequera, as surging Brazilian soy sales to Argentina tend to increase volumes passing through that strategic hub, the company said on Friday.
Tyson Foods Inc does not expect to resume production until the second week of May at a Madison, Nebraska, pork plant following a weekend fire, the meatpacker said on Friday.
Chicago grain and soybean futures posted fresh lows on Friday as traders anticipated hefty global supplies and kept an eye on weather in the United States.
Ghana's government will immediately commit $750 million, including a $250 loan from the World Bank, to a financial stability fund set up to provide liquidity support to banks participating in a domestic debt exchange, minister of state for finance Mohammed Amin Adam said on Friday.
In trading on Friday, shares of Compania de Minas Buenaventura S.A. (Symbol: BVN) crossed below their 200 day moving average of $7.20, changing hands as low as $6.98 per share. Compania de Minas Buenaventura S.A. shares are currently trading off about 5.5% on the day. The cha
Brazil's ability to produce and sell hybrid cars that can run on 100% ethanol is a huge asset for its auto industry as global economies push for decarbonization to tackle climate change, Vice President Geraldo Alckmin told Reuters.
Brazilian planemaker Embraer SA said on Friday it has sold 33 Ipanema 203 aircraft in the first quarter of 2023, a 38% increase from the same period of 2021, predicting to end the year with a sales volume similar to or better than 2022's 66 planes.
Chicago wheat and soybean futures edged higher up on Friday and corn was little changed, as grain markets consolidated following multi-month lows while investors assessed ample global crop supplies and mixed economic indicators.
U.S. corn shippers should be in their peak season, but key buyer China has cancelled cargoes this week, placing more scrutiny on export potential, particularly with a massive harvest expected out of Brazil by mid-year.
EU governments agreed on Friday to extend by a year the suspension of duties and quotas on imports from Ukraine to help its economy during the war with Russia.
Bayer CEO Werner Baumann, who will hand the reins over to Bill Anderson in June, said a separate stock market listing of the diversified group's agriculture division in the United States was currently not on the agenda.
While Chile's plan to take control of its lithium industry has caused global shockwaves, state-led production of the metal used to make electric vehicle batteries is seen by analysts as likely years away given technical and political challenges.
Copper prices edged higher on Friday as China pledged to boost growth in the world's top metals consumer, but gains were capped by weak demand and signs of a slowing global economy.
Malaysian palm oil futures slumped on Friday to record its biggest monthly decline since September, as traders factored in weak exports and larger supply from top producer Indonesia.
Copper prices fell on Friday and were headed for their biggest monthly drop since June, as global economic headwinds and weak demand from top consumer China weighed on sentiment.
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