Barry Callebaut's sales volumes rose slightly in the three months to the end of November despite the challenging market environment of record-high cocoa prices, the world's biggest chocolate maker said on Wednesday.
Carrying more stock, switching to suppliers nearer to consumers and reducing dependence on China are tactics European and U.S. retailers used to build more resilient supply chains following disruptions during the COVID-19 pandemic.
U.S. aerospace supplier Arconic Corp, controlled by private equity firm Apollo Global Management, is selling its China business in a deal that could value it at as much as $300 million, three people with knowledge of the matter said.
The nose wheel of a Boeing 757 passenger jet operated by Delta Air Lines popped off and rolled away as the plane was lining up for takeoff over the weekend from Atlanta's international airport, according to the Federal Aviation Administration (FAA).
Malaysian palm oil futures edged higher for a second session on Wednesday, underpinned by expectations of lower production in the world's second largest producer and tracking gains in rival edible oils.
Aluminium prices edged higher on Wednesday as concerns over supply tightness surfaced after traders assessed risks of potential EU sanctions on metal from Russia, one of the world's biggest suppliers.
Chicago soybean futures rose further on Wednesday, with prices climbing to their highest in more than a week on support from short-covering, although expectations of record South American supplies limited the gains.
Chicago soybean futures rose further on Wednesday, with prices climbing to their highest level in more than a week on support from short-covering, although expectations of record South American supplies limited the gains.
A small plane carrying Rio Tinto workers crashed near Fort Smith in Canada's remote Northwest Territories on Tuesday during a flight to its Diavik diamond mine, killing some people on board.
A small airliner registered to Northwestern Air Lease crashed near Forth Smith in Canada's remote Northwest Territories on Tuesday, killing some people on board.
At least two iron ore cargoes from the world's No.4 supplier Fortescue Metals Group are facing unusual customs delays at north China's Caofeidian port due to inspections for solid waste, sources with knowledge of the matter said.
U.S. soybean futures rose for a second straight session on Tuesday on technical buying and short covering after notching multi-year lows last week, although lacklustre demand and improved crop weather in top exporter Brazil limited gains.
Airbus Helicopters saw a 9% increase in net orders last year but deliveries rose fractionally as the civil market struggled to recapture pre-COVID levels, the company said on Tuesday.
Boeing issued a bulletin to its suppliers late last week that laid out practices to ensure bolts are properly torqued after multiple airlines reported loose hardware during inspections of the grounded 737 MAX 9, according to a memo seen by Reuters.
Italian designer Giorgio Armani took a shimmery haute couture lineup to a Paris runway on Tuesday, showing slim trouser ensembles and full skirted gowns in pastel hues.
U.S. oil refiners have asked President Joe Biden's administration to reform the renewable fuel credit program by restricting who can participate, claiming the current trading environment allows market manipulation and raises fuel costs.
New York cocoa futures traded on the ICE exchange hit 46-year highs on Tuesday, triggering technical signals that took London cocoa to record peaks while robusta coffee again hit its highest in at least 16 years.
Southwest Airlines flight attendants voted to approve a strike against the carrier, the Transport Workers Union of America Local 556 union said on Tuesday.
Reuters
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