El Al Israel Airlines said on Thursday it was cutting 1,900 jobs as part of a broader plan to recover from the impact of COVID-19, even as its net loss narrowed in the first quarter due to steep cost-cutting measures.
The U.S. corn and soybean growing season will be among the most important in years with global prices at unusually high levels, and the Crop Watch producers are once again ready to provide weekly insights after this spring’s relatively efficient planting effort.
If extreme volatility was limited to bitcoin, none of it would matter to regular investors who hold stocks and bonds, and whose idea of an “alternative” investment is a REIT. However, it wasn’t.
Indian authorities have opened an investigation into the heads of two leading fertilizer importing companies, alleging they secured commissions from overseas suppliers for inflating the prices of crop nutrient purchases.
India on Thursday cut sugar export subsidies by 31.4% for the current season which ends on Sept. 30, according to a government order issued by the Ministry Of Consumer Affairs, Food And Public Distribution.
Argentina's grains exports remained paralyzed on Thursday due to a strike by port workers demanding to be vaccinated against COVID-19, with the labor groups threatening another 48-hour work stoppage next week.
European trade ministers will explore on Thursday a post-Trump re-set of transatlantic trade ties in virtual talks with new U.S. Trade Representative Katherine Tai.
Arabica prices hit fresh four-year highs on Thursday boosted by tightening supplies in top producer Brazil and beyond, while raw sugar rose as commodities and equities by and large recovered from the previous day's sell-off.
EOS at Federated Hermes has yet to decide if it will back a shareholders' resolution sponsored by activists seeking to push Mitsubishi UFJ Group (MUFG) to align itself with global climate change goals, the asset manager said.
Argentina's government put the official seal on a controversial beef export ban on Thursday, formalizing the measure unveiled earlier in the week in the country's official gazette and citing hot demand in Asian markets for pumping up prices.
Ralph Lauren Corp forecast full-year sales below analysts' estimates on Thursday, anticipating a further hit from store closures in parts of Europe and Japan due to COVID-19 curbs, even as demand rebounds in China and the United States.
Arabica prices hit fresh four year highs on Thursday boosted by tightening supplies in top producer Brazil and beyond, but raw sugar dipped as speculators' long positions remain stretched.
Ralph Lauren Corp posted its first revenue beat in four quarters on Thursday, as vaccinations and stimulus checks encouraged more Americans to splurge on its high-end apparel while demand remained strong in China.
Malaysian palm oil futures slumped more than 4% to a two-week low on Thursday as rival soyoil fell, while demand concerns weighed and record-high coronavirus infections in the country stoked fears of stricter lockdowns.
China's recent measures aimed at cooling red hot industrial commodities prices will likely only have a temporary affect unless authorities take steps to curb consumption and potentially lower economic growth, analysts said.
Kohl's Corp raised its forecast for 2021 sales and profit on Thursday, as the department store operator bets on a shopping boom after a coronavirus pandemic hit last year.
The U.S. Environmental Protection Agency's biofuel blending mandates for this year and next are likely to be in line with those of 2020 as the agency accounts for weaker fuel demand since the onset of the coronavirus pandemic, three sources familiar with the matter said.
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