India has been planning to relax norms to procure wheat from farmers amid untimely rainfall and hail which damaged the crop just before harvesting in key producing central and northern states, government officials and traders told Reuters.
U.S. farmers last fall reportedly planted their largest winter wheat area in eight years, but many of those added acres are in very poor condition due to drought, potentially minimizing their impact on production.
American Airlines said Monday it will join other major carriers in temporarily cutting some New York City area flights this summer after the Federal Aviation Administration temporarily relaxed some minimum flight requirements.
The U.S. Department of Agriculture (USDA) in its first weekly crop progress report of the 2023 growing season rated 28% of U.S. winter wheat in good to excellent condition, the lowest for this time of year in records dating to 1989, as drought persists in key portions of the Plains wheat belt.
White sugar futures on ICE rose to their highest in more than 10 years on Monday, boosted by a diminishing production outlook and rising energy prices.
The U.S. Department of Agriculture's (USDA) first weekly crop progress report of the 2023 growing season should show 31% of the U.S. winter wheat crop rated in good to excellent condition, according to an average of estimates given by eight analysts in a Reuters survey.
Walt Disney Co shareholders supported the 11 nominees to the company's board of directors including Chief Executive Bob Iger and Chairman Mark Parker, according to vote tallies announced at the company's annual shareholder meeting on Monday.
Actor Ben Affleck is hopeful for basketball legend Michael Jordan’s seal of approval after directing the biographical sports film, "Air," which is based on Jordan’s historic deal with the Nike shoe brand.
The number of corporate employees McDonald's Corp plans to lay off this week will tally in the "hundreds," a source familiar with the burger chain's thinking said on Monday, as the company moves forward with a previously announced restructuring.
Pilots at American Airlines are "near" reaching a comprehensive agreement in principle with the company on a new contract, according to a pilot union memo seen by Reuters.
Chicago soybean and corn futures rallied on Monday to their highest in several weeks, supported by concerns over U.S. planting and a jump in crude oil.
The United Arab Emirates' commitment to a long-term strategic relationship with Israel should survive political turbulence, analysts say, after one of the most right-wing governing coalitions in Israel's history prompted widespread anger.
Italian fashion group Dolce & Gabbana said on Monday it would enter the real estate sector, with two residential schemes in the United States and Spain and a hospitality project in the Maldives.
The move by the cartel is another strong sign and a reminder to the bears who wanted to drive oil prices even lower that they need to change their strategy because oil-producing countries want oil prices to stay close to $100 per barrel.
Export prices for Russian wheat halted a multi-week decline as major Western traders said they would stop handling Russian grain exports, and following a report that Russia's agriculture ministry had issued unofficial guidance to support export prices.
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