Alitalia SpA, Italy's state- controlled airline, said it needs capital "in a very short time" after talks to merge with Air France-KLM Group failed and it reported a fifth straight annual loss.
Crude oil fell to a one-week low on concern record fuel prices will cut consumption at the height of the US driving season.
European stocks and US index futures rose as a two-day drop in oil prices improved the profit outlook for airlines and retailers. Shares in Asia fell.
Enjoy your next steak, because prices from Shanghai to San Francisco are only going up.
Rice futures tumbled by their daily limit for the second session as producers eased export bans, alleviating concerns that global supplies will fail to meet demand.
Kurukkupotta Kandai Vasu's family has grown rice in Kerala, India, for four generations. Now, the 62-year-old farmer buys the food staple in his local store.
J.R. Simplot, the billionaire founder of the Boise, Idaho-based agriculture business that bears his name and who helped make French fries a staple of the American diet and waistline, died on Sunday at the age of 99, officials said.
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