Russia plans to supply Syria with up to 1 million tonnes of wheat in 2021, of which 350,000 tonnes have already been delivered this spring, the Interfax news agency reported on Friday, citing the Russian embassy to Syria as saying.
Russia has supplied 350,000 tonnes of wheat to Syria since March, the Interfax news agency reported on Friday, citing the Russian embassy to Syria as saying.
The most senior representative of global airlines on Friday cast doubt on plans by Europe's Airbus for sharp increases in jetliner production, saying they appeared overly optimistic.
The head of global airline industry body IATA blames overly risk-averse governments for prolonging the COVID-19 crisis for the travel sector but expects the outlook to brighten in the second half of the year.
China has approved trading of crude oil and palm oil options on the Shanghai International Energy Exchange and the Dalian Commodity Exchange respectively, its securities regulator said on Friday, adding to a range of products open to foreign participants for trading.
HEXO Corp said on Friday it would buy Redecan, a Canadian privately-owned licensed cannabis producer, for C$925 million ($764.72 million) in a cash-and-stock deal, as the pot producer bolsters its portfolio to tap surging demand.
Bottlenecks at London Metal Exchange registered warehouses in Malaysia owned by metals storage firm ISTIM UK are adding to the difficulties aluminium consumers in the United States and Europe face in getting the metal they need.
Copper prices dipped on Friday as investors worried about demand from China and its authorities' action to curb commodity prices, but losses were capped by the prospect of U.S. spending.
JX Nippon Mining & Metals Corp, the metals unit of Japan's Eneos Holdings Inc, raised its mid-term profit target by 47% on Friday, boosted by higher copper prices and strong demand for materials used in semiconductors.
Malaysian palm oil futures rose 2.53% on Friday, rebounding from losses in the previous session, tracking gains in soybean prices on the Chicago Board of Trade (CBOT).
Pot producer Hexo Corp said on Friday it would buy Redecan, Canada's privately-owned licensed producer, for C$925 million ($764.72 million) in a cash-and-stock deal.
China's securities regulator said on Friday it has approved the trading of crude oil and palm oil options on the Shanghai International Energy Exchange and the Dalian Commodity Exchange respectively.
Supply bottlenecks with timber, steel and insulating material are causing construction stoppages in Germany and threatening to slow the country's recovery from the coronavirus slump, building associations said on Friday.
Belarusian air traffic control refused a request by a Ryanair pilot to contact the airline after being told of an alleged bomb threat, leaving him with no alternative but to land in Minsk, the Irish carrier said in a letter seen by Reuters.
Malaysian plantation giant FGV Holdings posted a first quarter net loss on Friday due to disruptions to its palm oil production and charges related to a land lease agreement, while warning of ongoing challenges from the COVID-19 pandemic.
Elevated prices for the staple food maize are putting pressure on cash-strapped South African consumers still reeling from the coronavirus pandemic and fanning food price inflation.
European Union negotiators this week failed to agree reforms to the bloc's huge farming subsidy programme, with talks due to resume in June on rules to protect small farms and curb agriculture's environmental impact.
Russia will allow European flights to arrive and depart via routes that bypass Belarusian airspace, the RBC news outlet reported late on Thursday, despite Moscow previously denying access to two carriers that skirted Belarus en route to Moscow.
An estimated 80% of French soft wheat was in good or excellent condition in the week to May 24, up from 79% the previous week, farm office FranceAgriMer said in a cereal report on Friday.
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