Elon Musk is keen to achieve what no business leader has done before, from mass-producing electric cars to developing reusable space rockets. Now he is blazing another trail most chief executives have avoided: the profane insult.
Chicago wheat and corn futures climbed more than 1% on Thursday as traders covered more short positions following a slump to multi-year lows and as weekly export sales topped forecasts and included sizable purchases by major importer China.
Chicago Board of Trade wheat futures rose more than 2% on Thursday as the market found support from a favorable U.S. Department of Agriculture export report showing improved demand.
Prices for arabica coffee at the Intercontinental Exchange (ICE) in New York rose nearly 7% on Thursday following a sharp reduction on the amount of bags available at ICE's certified warehouses, while raw sugar prices fell more than 3%.
Chicago wheat and corn futures climbed more than 1% on Thursday as traders covered more short positions following a slump to multi-year lows and as weekly export sales topped forecasts and included sizable purchases by major importer China.
Brazil's 2024/25 coffee production was projected on Thursday in a range between 69 and 71 million 60-kg bags, up from 66.65 million bags estimated for the current 2023/24 (July-June) crop, according to Safras & Mercado analysts.
Lufthansa AG and Italy sought EU antitrust approval on Thursday for the German airline to buy a controlling minority stake in Italy's ITA Airways, with sources saying that Lufthansa is prepared to cede slots at Milan airport to address competition concerns.
Pharrell Williams took to Hong Kong for his second Louis Vuitton runway outing, showcasing the label’s latest menswear designs on a runway overlooking the city's harbour at night.
Brazil's soybean crop will reach 150.67 million metric tons in the 2023/24 cycle, below last season's 154.10 million tons, consultancy Patria Agronegocios said on Thursday, as it factors in the effects of a severe drought in key producing states.
Russia's IKAR agricultural consultancy said on Thursday that it expects Russia's 2024/25 grain crop to be 145 million metric tons, of which 92 million tons would be wheat, up from 144 million tons in 2023/24, of which 91.6 million tons was wheat.
London cocoa futures touched a record high on Thursday before turning lower in afternoon trade while arabica coffee prices climbed to a five-month peak.
Argentina raised the prices of biodiesel for its mandatory blending with gasoil used in the domestic market on Thursday, according to a resolution published in the Official Gazette.
Weeks of road blockades by Polish truckers protesting at the border will reduce Ukraine's overall imports by about a fifth in November, and could cost Kyiv one percentage point of GDP growth if they drag on, a senior Ukrainian official said.
Reuters
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18 minutes 26 seconds ago
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