Tunisia's state grains agency has issued an international tender to purchase an estimated 75,000 tonnes of soft milling wheat, European traders said on Tuesday.
Global grain trader and processor Archer-Daniels-Midland Co reported a first-quarter profit that beat Wall Street expectations on Tuesday, supported by tight global supply and robust demand for grain and oilseeds.
Chicago wheat was little changed on Tuesday after hitting a 21-month low earlier in the day, as rain forecast for parched parts of the U.S. Plains and competitive Russian exports led investors to shrug off supply risks.
Raytheon Technologies Corp reported a 4% rise in quarterly adjusted profit on Tuesday, as the aerospace company benefited from strong demand for jet engine spare parts and services.
Malaysian palm oil futures slipped to the lowest close in more than one-week on Tuesday, as the market reopened after the Eid holidays, weighed down by poor exports in April so far.
Turkey imposed a 130% import tariff of some grain imports including wheat and corn, according to a presidential decision published on Tuesday in the Official Gazette.
Raw sugar futures on ICE rose to an 11-year high on Tuesday in a market boosted by tight supplies, while robusta coffee prices fell back from the prior session's nearly 12-year peak.
The Kremlin reaffirmed its position on Tuesday that the Black Sea grain deal is not working for Moscow, a day after the head of the United Nations handed Russia a letter with proposals to improve and expand it.
The splashy reopening of Tiffany & Co’s flagship store on the corner of Fifth Avenue and East 57th Street is a renovation representing the billions of capital investment in one of New York City’s most iconic shopping districts.
Primark-owner Associated British Foods on Tuesday
reported a 3% fall in first-half profit and kept its guidance
for a flat outcome in the full year, staying cautious about the
resilience of consumer spending.
Nestle India reported a near-25% increase in first-quarter profit on Tuesday, as the packaged foods maker benefited from higher prices and steady demand for its Kit-Kat and Munch chocolates as well as instant coffee.
Nestle India reported a near-25% increase in
first-quarter profit on Tuesday, as the packaged foods maker
benefited from steady demand for its Kit-Kat and Munch
chocolates as well as instant coffee.
Chicago wheat lost more ground on Tuesday, with prices dropping to their lowest in almost two years on forecasts of much-needed rains in U.S. winter grain regions where crops have deteriorated amid a severe drought.
Malaysian palm oil futures dropped more than 3% on Tuesday as the market reopened after the Eid holidays, down for a third consecutive session to hit a more than one-week low.
Benchmark London copper edged up in early Asian trade on Tuesday, supported by a softer dollar but concerns about China's lacklustre demand and caution ahead of next week's U.S. Federal Reserve meeting kept traders cautious.
In trading on Monday, shares of Arconic Corp (Symbol: ARNC) crossed below their 200 day moving average of $23.88, changing hands as low as $23.80 per share. Arconic Corp shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of
Malaysian palm oil futures fell sharply on Tuesday as the market reopened after the Eid holidays, down for a third consecutive session to hit a more than one-week low.
Indian shares were set to open higher on Tuesday as sentiment improved after strong quarterly results from heavyweights Reliance Industries Ltd and ICICI Bank Ltd, with more earnings on tap later in the day.
Mexican low-cost airline Viva Aerobus has agreed to purchase 1 million liters of sustainable aviation fuel (SAF) from Finland's Neste, the companies said on Monday.
Chicago wheat futures lost more ground on Tuesday, with prices dropping to a one-month low on pressure from lacklustre global demand, although deteriorating condition of the U.S. winter crop kept a floor under the market.