Air France-KLM may seek to raise more capital to reduce debt and bolster its balance sheet as travel demand recovers from the pandemic later this year, Chief Executive Ben Smith said on Monday.
More than 5 million COVID cases emerged globally in the past week and hospitals from Brazil to India to Germany are overwhelmed. Political sabre-rattling continues too, from the south China Sea to the Ukraine/Russia border and the Black Sea.
Copper prices advanced on Monday as ramped-up vaccine rollouts and more countries emerging from lockdowns boosted hopes of a steady global economic recovery and more demand for metals.
Ukrainian wheat export prices have resumed growth last week, adding $5 a tonne over the week amid uncertainty over the weather in the United States and Europe, the APK-Inform agriculture consultancy said on Monday.
Asian shares hit a one-month high on Monday helped by expectations monetary policy will remain accommodative the world over, while COVID-19 vaccine rollouts help ease fears of another dangerous wave of coronavirus infections.
Malaysian palm oil futures fell 1% on Monday, pressured by lower competing Chicago soyoil and demand concerns due to a surge in COVID-19 cases in India and other countries.
Copper prices rose on Monday on hopes of a global economic recovery from the COVID-19 pandemic against the backdrop of accelerating vaccine roll-outs and more countries emerging from lockdowns.
Chicago corn futures bounced back on Monday, rising more than 1%, as adverse weather in key growing areas in the United States and fund buying underpinned the market.
Malaysian palm oil futures slipped on Monday, pressured by lower crude oil and competing Chicago soyoil, although tight supply lent some support to the market.
Nutrien Ltd said on Sunday that Mayo Schmidt has been appointed as the Canadian fertilizer maker's president and chief executive officer, effective immediately.
Hundreds of passengers from Australia began arriving in New Zealand airports on Monday after authorities reopened borders, a pandemic milestone that allows quarantine-free travel between the countries for the first time in over a year.
China sold 410,700 tonnes of wheat, or 10.22% of the total offered, at an auction of state reserves last week, the National Grain Trade Center said in a statement on Monday.
Asian shares hovered near 1-1/2 week highs on Monday helped by expectations monetary policy will remain accommodative the world over, while COVID-19 vaccine rollouts help ease fears of another dangerous wave of coronavirus infections.
Japan's exports posted their strongest growth in more than three years in March, led by a surge in China-bound shipments, in a sign the economy continued to recover from last year's deep coronavirus slump.
Australian lithium miner Orocobre Ltd said on Monday it would buy rival Galaxy Resources to form the world's fifth-largest lithium chemicals company valued at A$4 billion ($3.09 billion).
Speculators have been buying Chicago-traded corn since August when troubles began for the 2020 U.S. harvest, and that enthusiasm expanded even more last week as weather concerns are on the radar for the 2021 crop.
Hundreds of passengers thronged Australian airports on Monday as an open border system began with New Zealand, a pandemic milestone that allows Australian residents to fly there for the first time in over a year without having to quarantine for two weeks.