G ermany's Hapag-Lloyd and Hong Kong's OOCL said on Thursday they would avoid the Red Sea, the latest shipping companies to do so after attacks by Yemen's Houthi group on vessels disrupted global trade, prompting the establishment of a naval task force.
The U.S. Transportation Department is scrutinizing the frequent flyer programs of major U.S. airlines for potential deceptive or unfair practices, the agency said Thursday as regulators step up oversight of the airline industry.
Amsterdam's Schiphol airport on Thursday said it can meet airline industry demand for 483,000 flights in 2024 - still below its pre-pandemic total - on condition airlines find ways to ease the burden at peak times.
Malaysian palm oil futures settled lower on Thursday because investors booked profits after five straight sessions of gains, and lower overseas demand for the cooking oil also weighed on the market.
The compensation system for flight attendants in the U.S. and Canada is under attack in new contract negotiations that could lead to big pay raises for cabin crews, but higher costs for airlines.
More than 17 acres of land owned by a Colombian-Canadian company near Bogota were once meant to grow 25 varieties of cannabis, but over the past year weeds have overtaken greenhouses and 200 of its 218 employees have been fired.
India's exports face a shortfall of about $4 billion to $5 billion this year after it clamped curbs on trade in wheat, rice and sugar, a person familiar with the matter said on Thursday, adding that Red Sea attacks may also hit basmati rice shipments.
Norwegian Air's shareholders voted on Thursday in favour of the company's first dividend payout since its inception 30 years ago, but may have to wait until 2026 before they receive any cash.
Indonesia's food procurement agency on Thursday confirmed that it had filed a tender earlier this month for more than 500,000 metric tons of rice as part of the rice import quota for 2023.
The global zinc market deficit eased to 52,500 metric tons in October from a deficit of 62,000 tons in September, data from the International Lead and Zinc Study Group (ILZSG) showed on Thursday.
South Korea’s state-backed Agro-Fisheries & Food Trade Corp. has bought about 16,000 metric tons of soybeans free of genetically-modified organisms (GMOs) in international tenders for up to 20,000 metric tons which closed on Dec. 5 with price negotiations continuing into last week, European traders said on Thursday.
Vietnam's domestic coffee prices rose on Thursday, compared with last week, as supplies tightened after farmers refrained from selling the bean in hopes that prices would rise further, traders said.
The European Union said on Wednesday it would begin an anti-dumping investigation into biodiesel imports from China, which the bloc's industry says has slashed domestic production.
India's exports could drop by about $4-5 billion this year due to trade restrictions on wheat, rice and sugar, a person familiar with the matter said on Thursday.
Norwegian aluminium maker Hydro said on Thursday it expects an impairment loss of about 5.9 billion Norwegian crowns ($570.29 million) in the fourth quarter due to challenging alumina market conditions and Australian power price insecurity.
Malaysian palm oil futures dropped on Thursday, as investors booked profits after five straight sessions of gains, while lower overseas demand also weighed on the market.