The Indian Navy said on Thursday it had rescued the crew of a U.S.-owned vessel in the Gulf of Aden after an attack by Yemen's Houthi movement as tensions in the region's sea lanes disrupted global trade.
European shares edged higher on Thursday, following three straight sessions of losses, lifted by Richemont and Flutter's upbeat results, while investors awaited release of the European Central Bank's policy meeting minutes due later in the day.
India's corn exports have almost ground to a halt since December due to a rally in local prices on strong demand from the poultry and ethanol industry, making shipments from the country more expensive than those from rivals, four exporters told Reuters.
The situation in the Red Sea has led to a slowdown in Ukrainian agricultural exports in January, Ukrainian agriculture minister Mykola Solsky said on Thursday.
Malaysian crude palm oil (CPO) prices are expected to rise in 2024, as stagnant production despite rising demand for biodiesel is seen offsetting the impact of higher output of rival oils, a Reuters poll showed.
European shares opened higher on Thursday, following three straight sessions of losses, lifted by Richemont's upbeat results, while investors await the release of the European Central Bank's policy meeting minutes due later in the day.
Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 87,641 metric tons of food-quality wheat from the United States and Canada in a regular tender that closed on Thursday.
Watches of Switzerland slashed its annual revenue and profit margin forecast on Thursday, as consumers spend less on luxury items amid a cost-of-living squeeze, sending the luxury retailer's shares down to an over three-year low.
Russia's Uralchem has signed a memorandum of understanding to supply fertiliser to China's Xinjiang Golden Pomegranate Agricultural Import and Export Co over the next three years, it said on Thursday.
An excavator belches out fumes as it clears earth and rubble from between the train and bus stations in the Ukrainian town of Trostianets to make way for a reimagined transport hub.
Indonesia aims to triple its biomass consumption in power generation to 2.83 million metric tons in 2024, from 991,000 tons consumed last year in an effort to cut its emissions, an energy ministry official said on Thursday.
British Airways will double the number of Mandarin-speaking cabin crew on its China routes, its chief customer officer said on Thursday, as the airline seeks to expand in the world's second-largest aviation market.
Copper prices in London rebounded on Thursday from a six-week low hit in the previous session as a weaker dollar made greenback-priced metals cheaper for holders of other currencies.
China on Thursday approved the import and production of several genetically modified soybean and corn seeds and expanded the usage nationwide as it further opens up the commercialisation of genetically modified organisms (GMO).
Cartier jewellery owner Richemont reported a 4% increase in sales during its third quarter on Thursday, as the world's second-largest luxury group became the latest company in the sector to post a slowdown in demand.
Malaysian palm oil futures rose on Thursday, buoyed by robust demand from key buyer China and firmer crude oil prices, although mixed demand from top importer India capped the gains.
India's Akasa Air on Thursday announced an order for 150 Boeing 737 MAX narrowbody planes for expanding its domestic and international operations, as the budget carrier tries to cash in on the expansion in the world's fastest-growing aviation market.
Reuters
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