Expensive beauty hauls are a thing of the past for Evelyn Zhu. The Chinese branding professional says she now only spends on skincare essentials, joining millions of other consumers who have cut back on cosmetics in the world's second biggest market.
Live cattle futures on the Chicago Mercantile Exchange dropped on Thursday to fresh multi-month lows on technical selling and weak beef prices at a time when feedlot supplies of market-ready cattle are rising, analysts said.
London Metal Exchange (LME) stocks of aluminium have been draining away steadily since August and headline inventory of 443,000 metric tons is now the lowest since February.
U.S. wheat prices tumbled to three-year lows a couple of months ago, giving U.S. exports a competitive advantage and luring seasoned grain buyer China into the market, which caused a rare run-up in futures.
U.S. soybean futures rose on Thursday on a fresh round of export sales and the prospect of Argentina's new President Javier Milei devaluing the nation's currency after he takes office over the weekend, analysts said.
French luxury label Chanel took its annual Metiers d'Art runway show to a rainy northern England street late Thursday where an international fashion crowd viewed a special collection highlighting the brand's craftwork.
Lululemon Athletica Inc on Thursday forecast fourth-quarter revenue and profit below expectations, signaling a bleak holiday season as customers turn thrifty and cut back spending on premium apparel and accessories.
Romania's objective to boost the monthly transit capacity for Ukrainian grain through its Black Sea port of Constanta to four million metric tons is edging closer as infrastructure projects advance, the transport minister said on Thursday.
London cocoa futures on ICE rallied back towards record
highs on Thursday as new signs emerged of dwindling supplies,
while raw sugar turned higher after setting a four-month low.
Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), said on Thursday it bought 420,000 metric tons of wheat in an international tender.
U.S. soybean futures rose on Thursday on a fresh round of
export sales and the prospect of Argentina's new President
Javier Milei devaluing the nation's currency after he takes
office over the weekend, analysts said.
Brazilian crop agency Conab on Thursday reduced the country's wheat output estimate by around 15% from a previous forecast, citing excessive rainfall in southern Brazil as a factor spoiling the crop as the season draws to a close.
Mercon Coffee Group, one of the world's largest coffee traders, has filled for bankruptcy protection in the United States due to what it defined as "exceptionally challenging operating environment", according to a document seen by Reuters.
Brazilian crop agency Conab has cut its forecast for Brazil's 2023/24 soybean production to 160.177 million metric tons from 162.420 million tons in November, citing planting delays related to adverse weather conditions in key planting regions.
Boeing has signaled to suppliers that plans to ramp up production of its bestselling 737 narrowbody jetliner will move about two months more slowly than originally anticipated, according to two people with knowledge of the matter.
The European Union is expected to produce less meat, wine and sugar and grow more protein crops in the decade ahead as health, environment and animal welfare concerns continue to shape consumption, the European Commission said on Thursday.
Mercon Coffee Group, one of the world's largest coffee traders, has filled for bankruptcy protection in the United States due to what it defined as "exceptionally challenging operating environment", according to a document seen by Reuters.
Reuters
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28 minutes 59 seconds ago
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