A gauge of top luxury stocks in Europe fell to seven-week lows on Wednesday as a selloff in the sector continued following a strong run this year that has been key for positive returns across broader European markets.
Berkshire Hathaway Inc on Monday disclosed it has begun investing in Capital One Financial Corp while exiting investments in four other stocks, as the company run by Warren Buffett cut back its exposure to equities.
Prices for robusta coffee, historically a cheaper variety than the milder arabica beans, reached the highest levels in 12 years this week as roasters used more of a limited flow from the largest producers.
Brazil's government reduced the import tax on steel rebar to 4% from 10.8% to put the tariff in line with other countries' practices, the Economy Ministry said on Wednesday.
Agribusiness consultancies Cogo and Datagro on Wednesday slashed their forecasts for Brazil's 2021/22 soybean production, joining a series of private firms that cut their estimates earlier in the week as bad weather affects the crop outlook.
Miner and trader Glencore said on Wednesday its cobalt output rose 14% in 2021, boosted by the restart of production at the world's largest cobalt mine Mutanda in the Democratic Republic of Congo.
China's soybean imports rose sharply in November from the previous month, as more shipments from the United States arrived during the peak North American export season, customs data showed on Tuesday.
As China prepares to open its $120 billion corn market to genetically modified (GM) seed, little-known Dabeinong Biotechnology hopes to reap the benefits of early biotech investments and a law keeping foreign firms on the sidelines.