Romania will remain Ukraine's largest alternative export route for grains and other goods in addition to Kyiv's own Black Sea corridor, a senior U.S. State Department official said on Thursday.
The Federal Aviation Administration said Wednesday it is launching a formal investigation into the Boeing 737 MAX 9 after a cabin panel blew off an Alaska Airlines flight while in mid-air last week, forcing an emergency landing.
More travelers are checking the model of an aircraft before booking flights after a midair cabin blowout forced a new Alaska Airlines-operated Boeing jet to make an emergency landing and grounded more than 170 planes, several travel operators said.
Ukraine's economy minister
Yulia Svyrydenko on Thursday forecast the country's 2024 grain
crop at 49.6 million tons, and the 2025 crop at 58.2 million
tons.
(Reporting by Pavel Polityuk, writing by Max Hunder; editing by
David Evans)
((Max.Hunder@thomsonreuters.com;))
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FXEmpire.com - Key Insights
Working gas in storage decreased by 140 Bcf from the previous week.
Inventory draw exceeded analyst expectations, which may provide some support to natural gas prices.
Weather forecasts’ dynamics will remain the key catalyst for natural gas markets.
Brazil's Centre-South sugar output rose 35% year-on-year in the second half of December as mills extended the crushing season under dry weather, said industry group Unica on Thursday, adding that there is not much sugarcane left now.
Brazil's Unigel plans to resume fertilizer production at two plants in Sergipe and Bahia later this month after signing an agreement with state-run oil major Petrobras, Unigel's CEO Roberto Noronha and a government official said.
Saudi Arabian investment fund Manara Minerals is planning to set up a metals trading arm to support its interests in mining companies overseas, its acting chief executive said on Thursday.
El Nino is expected to continue for the next several seasons, with a 73% chance of a transition to ENSO-neutral favored during April-June 2024, a U.S. government weather forecaster said on Thursday.
Brazil's center-south sugar production rose 35.6% in the second half of December when compared with a year earlier, totaling about 236,000 metric tons, data from industry group UNICA showed on Thursday.
The International Grains Council (IGC) on Thursday raised its forecast for 2023/24 global corn production, mainly driven by an upward revision for China.
Algeria’s state grains agency OAIC is believed to have purchased around 250,000 to 350,000 metric tons durum wheat in a tender which closed on Wednesday, European traders said on Thursday.
Robusta coffee futures on ICE steadied on Thursday near their highest in at least 16 years as farmers in top producer Vietnam held back supply and shipping disruptions continued in the Red Sea, a key export route for beans from Asia to Europe.
Chicago soybean futures regained some ground on Thursday but remained near their lowest since December 2021 amid lacklustre demand for U.S. exports and an improved South American supply outlook.
Copper prices rebounded on Thursday from eight consecutive days of losses, buoyed by a softer dollar ahead of key inflation data that could influence the timing of expected cuts to U.S. interest rates.
Argentine retiree Susana Barrio says she no longer invites her friends over for the traditional asado barbecue, long a key part of social life in the South American farming nation. Fast-rising meat and vegetable prices have made the meals hard to afford.
Wizz Air on Thursday lost its fight against 36.66 million euros ($40.2 million) of rescue aid granted by Romania to airline TAROM four years ago, after Europe's top court backed EU regulators' decision to approve the aid.
India is considering import duty cuts on components key to producing high-end mobile phones, two government officials said, which would potentially be a boost for companies like Apple and the country's exports.
Reuters
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9 minutes 32 seconds ago
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