Insights and Stories of Reuters

Jan. 4, 2016 at 7:08 pm CST

Chicago | Reuters –– CME Group declared force majeure for all soybean shipping stations until further notice because of flooding on the Illinois River, a notice from the exchange operator said Monday. A majority of facilities on the river, which are delivery points for soybean futures traded on CME’s Chicago […]

By Reuters

Jan. 4, 2016 at 6:56 pm CST

Paris | Reuters — Margarita Louis-Dreyfus, majority owner and chairwoman of global trading house Louis Dreyfus Commodities, is pregnant with twins and plans to take short maternity leave following the birth due in early April, the company said. Louis-Dreyfus, 53, will continue as chair of the group’s supervisory board until […]

By Reuters

Dec. 30, 2015 at 5:48 pm CST

Reuters — Two Illinois flour mills near the Mississippi River and operated by Ardent Mills were shuttered because of flooding this week, the company told Reuters on Wednesday. Ardent, the largest U.S. flour miller, operated jointly by Cargill, ConAgra Foods and CHS Inc., said the mills in Chester and Alton […]

By Reuters

Dec. 29, 2015 at 7:37 pm CST

Reuters — Chemical maker DuPont said it would cut 1,700 jobs in Delaware, as part of a previously announced plan to reduce its workforce before combining with Dow Chemical in a US$130 billion megamerger. The job cuts in the state, which has been its home for more than 213 years, […]

By Reuters

Dec. 29, 2015 at 12:37 am CST

Santiago | Reuters — China’s CITIC CLSA Capital Markets will participate in the process to buy an indirect stake in Chilean crop nutrition and industrial chemical firm SQM, one of the world’s top lithium producers, the holding company selling the stake said Monday. Holding company Oro Blanco said in a […]

By Reuters