Grain prices will likely remain elevated at the end of this year, a Reuters poll showed, providing little relief to food prices while continuing to challenge policymakers battling to tamp down inflation.
McDonald's Corp reported a higher-than-expected quarterly profit on Friday as low prices brought in strong sales in Europe and the United States. The company's share price rose 3.1 percent.
McDonald's Corp reported a higher-than-expected quarterly profit on Friday as its low-price focus helped drive strong sales in Europe and the United States.
McDonald's Corp reported quarterly profit that topped analysts' expectations on strength in the Europe and the United States, and shares rose more than 2 percent.
The euro climbed a third day on Thursday as a deal between France and Germany over a bailout of Greece raised hopes ahead of a major European summit, though investors barely moved from government bonds and precious metals.
A House committee will race to clean up new rules on swaps before they take effect, the panel's chairman said on Tuesday, warning the rules will harm small and medium-size businesses.
Goldman Sachs on Tuesday blamed its commodities trading desk for much of the massive drop in trading profits in the second quarter, even after its own analysts correctly called for a pull-back in prices.
Goldman Sachs blamed its commodities trading desk for much of the massive drop in trading profits in the second quarter, even after its own analysts correctly called for a pull-back in prices.
World Bank President Robert Zoellick, in remarks released Sunday, said it was time for countries to get out of their defensive positions on trade and push for a broad agreement that could help the struggling global economy.
Starbucks Corp has been hit with its first strike at a company-operated cafe in Chile, where some workers are seeking pay and benefit increases, union and company representatives told Reuters on Friday.
Climate scientists have turned to the United States and Australian navies to deploy robotic measuring devices in the Indian Ocean where pirates have made the area too dangerous for researchers.
Climate scientists have turned to the United States and Australian navies to deploy robotic measuring devices in the Indian Ocean where pirates have made the area too dangerous for researchers.
When thieves ransacked eight air conditioners in an apartment complex in the city of Mobile, Alabama, the culprits made off with $800 worth of scrap metal and left residents with $38,000 worth of damages.
Gold prices have soared to record highs this year on concerns over the euro zone debt crisis, and the metal could be set for another leg higher if the world's biggest economy, the United States, also starts to struggle with its debt repayments.
Two of the biggest commodity hedge funds suffered a second month of painful losses in June, falling victim to a rout across raw goods markets, a hedge fund investor told Reuters on Thursday.
Asian shares drifted up toward a one-month high on Thursday as Chinese bank shares bounced higher on hopes of a near-term pause in policy tightening, while the euro steadied before a widely expected rate hike from the European Central Bank later in the day.
Chinese banking shares fell for a second day on Wednesday, while the euro clawed back losses but was still seen at risk after Moody's slashed Portugal's credit rating to junk status, reigniting fears that it may need a second rescue package.
A group of Japanese government heavyweights have written a secret proposal to break up Tokyo Electric Power Co and nationalise its nuclear operations, a newspaper said on Sunday.
General Mills Inc forecast weaker fiscal-year earnings than Wall Street expected as higher ingredient and fuel costs hammer the food company.
Global agribusiness company Monsanto Co said on Wednesday that net income surged nearly 80 percent in the third quarter due to strong sales in its core seeds and genetic traits businesses.
General Mills Inc forecast weaker fiscal-year earnings than Wall Street expected as higher ingredient and fuel costs hammer the food company.
General Mills Inc forecast weaker fiscal-year earnings than Wall Street expected as higher ingredient and fuel costs hammer the food company.
Global interest rates must rise to avoid high inflation becoming entrenched, the Bank for International Settlements said on Sunday.
Coca-Cola Co plans to raise prices on its soft drinks by 3 percent to 4 percent in July, in addition to a 2 percent increase taken earlier this year, a company spokesman said on Friday.
Airbus has won a record-breaking order for 200 of its A320neo jets from AirAsia, capping a week where it has trounced rival Boeing in the fierce competition for plane contracts.
G20 members settled a deal on Thursday to curb volatility in food prices, falling short of France's ambitious plans to impose tough new regulations on speculators, but agreeing to boost transparency with a new database.
G20 farm ministers settled a deal on Thursday to tackle high food prices, agreeing to a watered-down declaration that fell short of France's ambitious proposals to tighten regulation of commodity markets.
G20 farm ministers were closing in on a deal on Thursday to tackle food price volatility in what was expected to be a watered-down declaration that could still back France's call for better regulation of commodity markets.
G20 members were on the verge of inking an agreement on Thursday to curb volatility in food prices that would likely tread carefully on divisive issues like regulation and biofuels.
The U.S. dollar rose and Asian stocks fell on Thursday with investors reluctant to buy riskier assets ahead of a European leaders meeting which could be dominated by talk of Greece's debt crisis, and after the Federal Reserve cut its growth forecasts for this year and next.
