Attacks on shipping in the Red Sea region have in past days led to a sharp rise in the number of grain cargoes being diverted around the Cape of Good Hope, rather than using the Suez Canal, grain traders and analysts said on Friday.
Mexico's sugar production in the 2023/24 season (Oct-Sept) was projected on Friday to fall 15% from the previous crop to 4.7 million metric tons, the lowest volume for the last 10 years, said analyst and supply chain services provider Czarnikow.
Spanish fashion company Inditex plans to resume activities in Venezuela, reopening under a franchise agreement a Zara store in Caracas in the first half of 2024 after a three-year hiatus, the company said on Friday.
U.S. soybean futures rose on Friday but were on track for a fifth consecutive weekly loss after the market set a two-year low in the previous session due to expectations for plentiful supplies.
Dior men's artistic director Kim Jones ratcheted up the elegance for his winter collection, redistributing decorative elements on precisely-tailored garments.
In trading on Friday, shares of Hecla Mining Co (Symbol: HL) entered into oversold territory, changing hands as low as $3.92 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a
The U.S. Department of Agriculture (USDA) on Friday confirmed private sales of 297,000 metric tons of U.S. soybeans to China, the first soybean sales announcement under its daily reporting rules since Dec. 19 and the first to the world's top buyer of the oilseed since Dec. 15.
Argentina's 211% inflation rate and the return to a widening gap between official and parallel exchange rates is stoking expectations of another devaluation of the peso, just over a month after its dollar value was cut in half.
Canada posted a surprise 0.2% month-on-month decline in retail sales in November led by a slowdown in sales of food and beverages at retail outlets, data showed on Friday, with consumers strained by high interest rates and sticky inflation.
A Mozambican court has ruled that a shipment of pigeon peas belonging to global commodities broker Export Trading Group (ETG) cannot be exported to India, the latest step in a battle between rival exporters that has caused delays and pushed up prices.
Chicago soybean futures rose on Friday but were on track for a fifth consecutive weekly loss after the contract dropped to a two-year low in the previous session due to expectations of plentiful supply.
The average price of agricultural goods in the European Union rose 2% last year, slowing from a jump of 24% in 2022, the EU's statistics office reported on Friday.
Spirit Airlines announced on Friday it was assessing options to refinance its 2025 debt maturities amid liquidity concerns, and said its $3.8 billion deal to merge with JetBlue Airways remained intact.
Copper prices rose in London on Friday as technical factors and lower available stocks supported recovery from the previous session's six-week low, though gains are likely to be kept in check by cautious trading ahead of the Chinese New Year.