Copper prices touched a near-six week high on Wednesday after positive industrial production data from top consumer China boosted sentiment, but gains were constrained by weakness in the country's property sector and a higher dollar.
India has signed contracts to export about 500,000 metric tons of new season basmati rice to cash in on robust demand from top buyers in Europe and the Middle East, traders said on Wednesday.
Germany's refined sugar production from beets in the 2023/24 season now finishing is forecast to rise to about 4.24 million metric tons, up some 9.8% from 3.86 million tons last season, Germany's sugar industry association WVZ said in its third harvest forecast on Wednesday.
Organisers of Euro 2024 on Wednesday unveiled the official ball for the continental tournament next year, with its colourful pattern designed to reflect the energy of the event and with built-in technology to assist in VAR decisions.
Insurance broker Marsh, Lloyd's of London [SOLYD.UL] insurers and Ukrainian state banks have launched a programme to cut the cost of claims for damage to ships and crew transporting grain through the Black Sea corridor, Marsh said on Wednesday.
Farm office FranceAgriMer on Wednesday increased its forecast of French soft wheat exports outside the European Union in 2023/24 to 10.1 million metric tons from 9.8 million projected last month, now just 0.5% below last season's level.
Malaysian palm oil futures closed higher on Wednesday, extending gains for a third consecutive session, supported by the strength in Chicago and Dalian rival oils.
(RTTNews) - Gold prices edged higher on Wednesday as softer-than-expected U.S. CPI data boosted bets the Federal Reserve will forgo any more interest rate hikes and indeed start cutting rates by May. Markets currently price in a 50 basis-point rate cut by July.
Insurance broker Marsh, Lloyd's of London [SOLYD.UL] insurers and Ukrainian state banks have launched a programme to reduce the cost of claims for damage to ships and crew transporting grain through the Black Sea corridor, Marsh said on Wednesday.
The International Sugar Organization (ISO) sharply reduced on Wednesday its projection for a global sugar supply shortfall for the 2023/24 season (October-September), citing the record production in top grower Brazil.
Jordan's state grain buyer has issued an international tender to buy up to 120,000 metric tons of milling wheat which can be sourced from optional origins, European traders said on Wednesday.
Emirates and Rolls-Royce sought to narrow differences over engine pricing on Wednesday as the Dubai Airshow entered a third day reeling from a public spat over engine performance and business terms that blocked a deal for Airbus A350-1000 jets.
The world is losing almost 1 million square kilometres (386,000 square miles) of productive land a year to sand and dust storms made worse by human activities, the United Nations body in charge of fighting desertification warned on Wednesday.
Spanish online travel booking company eDreams ODIGEO said on Wednesday its second-quarter net loss narrowed to 5.7 million euros ($6.20 million) as it attracted more paying subscribers.
Visitors to Japan exceeded pre-pandemic levels in October, official data showed on Wednesday, marking a full recovery in arrivals for the first time since the relaxation of border controls last year.
Visitors to Japan exceeded pre-pandemic levels in October, official data showed on Wednesday, marking a full recovery in arrivals for the first time since the relaxation of border controls last year.
Giorgio Armani has always kept a tight grip on the firm he founded, and the Italian fashion king's attention to detail extends to clear rules on how it should be run after his death.
Reuters
Checked
11 minutes 57 seconds ago
This feed is responsible for generating the rss feed related to the topic Commodities