Stocks

  BLOOMBERG Weeklong rallies for global stocks and commodities ended as the outlook for economic growth rekindled investor caution. The MSCI All-Country World Index fell for the first time in six days after reaching a six-month high, and futures on the S&P 500 indicated the gauge will slip after closing close to a record high. The Bloomberg Commodity Index was …

  Bloomberg For Brazil’s enormous chicken industry, facing a surprise domestic shortage of corn with which to feed its birds, the solution seemed obvious: import the grain from the U.S., where stockpiles have never been bigger. Yet there have been no imports from the U.S. so far this year, even though the corn shortfall is so severe that the chicken …

  Bloomberg Glencore Plc agreed to sell just-under a 10 percent stake in its agriculture unit to Canada’s British Columbia Investment Management Corp. for $624.9 million in cash as it continues to cut debt. The commodities trader and miner, which sold a 40 percent stake in the business to Canada Pension Plan Investment Board for $2.5 billion in April, will …

  BLOOMBERG Bonds rose with commodities and emerging markets on speculation that central banks will persist with policies that support financial markets. The European Central Bank began buying corporate bonds to expand its monetary stimulus, helping drive average yields on investment-grade corporate debt below 1 percent. Germany’s 10-year bund yields fell to a record. Emerging markets equities and currencies rose …

  Bloomberg While oil markets will start re-balancing after a slump next year, an oversupply in natural gas won’t disappear until the end of the decade, the International Energy Agency said, slashing its gas demand outlook for a fourth straight year. Global consumption will expand by 1.5 percent annually from 2015 through 2021, down from last year’s forecast of 2 …

  Bloomberg Lundin Gold Inc. is forging ahead with its gold project in Ecuador, one of the world’s largest undeveloped deposits, in a signal the industry is moving back into expansion mode as the metal continues to rally. The Vancouver-based miner is planning to raise $820 million to $940 million in two phases to finance the Fruta del Norte project, …

  BLOOMBERG Stocks rallied with emerging markets as investors added to bets that U.S. interest rates will stay lower for longer, keeping growth on track. The MSCI All Country World Index headed for its strongest close since April after Federal Reserve Chair Janet Yellen on Monday signalled that officials won’t derail the economy with a premature rate hike. Emerging-market stocks …

  Bloomberg Corn futures surged into a bull market as production concerns in the U.S. and Brazil, the world’s biggest exporters, sparked optimism that the global grain glut will ease. Dry conditions have beleaguered Brazil’s crops so much that the nation’s chicken processors have been forced to reduce production as domestic consumers compete with foreign buyers for grain supplies. Now, …

  Bloomberg The death of meaningful U.S. immigration reform, done in by Washington partisanship and Republican presidential candidate Donald Trump’s incendiary comments on foreigners, is leaving crops withering in the field and the farm lobby with nowhere to turn as a labor shortage intensifies. Carlos Castaneda watched one-quarter of his Napa cabbages rot in three of his California fields this …

  BLOOMBERG Miners and energy companies led stocks higher and commodities advanced on speculation the Federal Reserve will hold off from raising interest rates this month. The pound slumped following polls that showed Britons favor exiting the European Union. European stocks and S&P 500 futures advanced as the Bloomberg Commodity Index reached its highest level since October, with Brent crude …