Reading Time: 2 minutes Chicago wheat futures climbed on Tuesday after the U.S. Department of Agriculture reported that the U.S. winter wheat crop was in worse condition than the trade had expected, according to analysts.
Reuters
U.S. grains: Chicago wheat surges on disappointing winter wheat conditions
Alberta files federal court challenge to heating oil carbon price exemption
Reading Time: < 1 minute Alberta has filed a federal court challenge to Ottawa's carbon pricing exemption for home heating oil, arguing it is unconstitutional and unlawful, the Alberta government said on Tuesday.
EU slaps tariffs on Chinese EVs, risking Beijing payback
Reading Time: 3 minutes The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3 per cent at the end of its highest profile investigation that has divided Europe and prompted retaliation from Beijing.
Milei’s popularity rebounds as Argentina’s markets hit record highs
Reading Time: 2 minutes Argentina's President Javier Milei saw his popularity ratings rebound sharply in October, a poll on Monday showed, bolstering the libertarian whose pro-market reforms have driven markets to record highs since winning a shock election last year.
McDonald’s global sales fall on muted demand; E. coli outbreak fallout looms
Reading Time: 2 minutes McDonald's posted a steeper-than-expected drop in quarterly global sales, hurt by muted demand across key markets, including Europe and the United States where it is expected to face more weakness as the burger giant reels from a deadly E. coli outbreak.
Canada’s renewable diesel projects hit by US import surge
Reading Time: 3 minutes Canadian renewable fuel producers are facing lower returns on new facilities due to a slump in British Columbia's low carbon fuel standard (LCFS) credit market, a trend expected to persist amid a flood of exports from the United States.
Saskatchewan Party retains power in provincial election
Reading Time: < 1 minute Premier Scott Moe's right-of-center Saskatchewan Party is extending its hold on power in the province after winning a small majority in Monday's election, preliminary results showed on Tuesday.
U.S. grains: Soybeans ease after crude oil falls
Reading Time: < 1 minute Chicago Board of Trade soybean futures fell on Monday as crude oil prices dipped and harvest pressure dragged down soy and corn prices, market analysts said.
U.S. livestock: Cattle futures climb on fund buying, strong beef demand
Reading Time: < 1 minute Chicago Mercantile Exchange live and feeder cattle futures rose on Monday on fund buying and strong demand for beef, even as the red meat has become more expensive to consumers, said analysts.
Opinion: BRICS summit shows determination for a new world order – but internal rifts will buy the West some time
Reading Time: 4 minutes There's an internal battle in BRICS over its future direction. This, in turn, creates space and time for the West to exercise more positive and constructive influence in the ongoing process of reshaping the international order.