Insights and Stories of Reuters

Jan. 27, 2016 at 1:11 am CST

Sao Paulo | Reuters –– Prosecutors charged Joesley Batista, chairman of Brazilian meatpacker JBS’s board and president of its controlling shareholder J+F Investimentos, and eight others with crimes against the financial system, sending shares of JBS SA down more than eight per cent on Tuesday. The statement from prosecutors said […]

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Jan. 25, 2016 at 5:58 pm CST

Beijing | Reuters — China will let the market decide its domestic state corn prices to help cap the country’s rising imports and record-high level of state reserves, a senior official was cited by state media as saying on Monday. “The direction of corn reform is… to let the market […]

By Reuters

Jan. 25, 2016 at 2:19 pm CST

Stavropol | Reuters –– Russia’s government is looking into introducing duties on exports of mineral fertilizers to make them more affordable for the country’s farmers, President Vladimir Putin said Monday. Meeting his loyalists from the pro-Kremlin public movement, the All-Russia People’s Front, Putin heard compalints from a farmer saying that […]

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Jan. 22, 2016 at 5:36 pm CST

Reuters — The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, extended its record low run to a 14th straight session on Friday on persistent vessel glut and weak demand. The overall Baltic Dry Index, which gauges the cost of shipping dry bulk including […]

By Reuters

Jan. 22, 2016 at 11:05 am CST

Chicago | Reuters –– Ardent Mills, the largest U.S. flour miller, said operations resumed on Thursday at its mill at Chester, Illinois, that had been closed since Dec. 29 due to near-record flooding on the Mississippi River. Mill staff “have gone ‘above and beyond’ to conduct extensive cleaning and sanitizing […]

By Reuters