Air Force One subcontractor GDC Technics countersued Boeing Co on Friday seeking at least $20 million after the largest U.S. airplane manufacturer canceled contracts for work on the aircraft that carries the U.S. president.
In trading on Friday, shares of Royal Gold Inc (Symbol: RGLD) crossed above their 200 day moving average of $117.74, changing hands as high as $117.87 per share. Royal Gold Inc shares are currently trading up about 1.3% on the day. The chart below shows the one year performan
CME Group hog futures fell sharply for the second day in a row on Friday, with the most-active June contract sinking 2.9% to its lowest since March 23.
Engineers have found two more places on some Boeing 737 Max jets that have the electrical problem that led to dozens of the planes being suspended from service last week, industry sources said.
U.S. soybean futures rose on Friday, gaining ground on corn contracts as the market tried to entice farmers to boost acreage of the oilseed despite the yellow grain's rally to its highest in nearly eight years earlier this week.
Large speculators raised their net long position in Chicago Board of Trade corn futures in the week to April 13, regulatory data released on Friday showed. The Commodity Futures Trading Commission's weekly commitments of traders report also showed that noncommercial traders, a category that includes hedge funds, increased their net short position in CBOT wheat and cut their net long position in soybeans. SUPPLEMENTAL Non-Comm Indexes Comm
Brazilian private equity firm IG4 Capital has delivered a $916 million bid to buy into holding companies that have large stakes in Chilean lithium miner Sociedad Quimica y Minera de Chile, known as SQM, two sources with knowledge of the matter said.
Inspections of Boeing 737 MAX jets have found more electrical problems of the kind that led to dozens of the jets being suspended from service last week, industry sources said.
U.S. soybean futures rose on Friday, gaining ground on corn contracts as the market tried to entice farmers to boost acreage of the oilseed despite the yellow grain's rally to its highest in nearly eight years earlier this week.
German vertical farming start-up Infarm has hired Goldman Sachs to help with talks on the possibility of going public through a merger with a so-called blank check company as it seeks funds for expansion, people close to the matter said.
Raw sugar futures on ICE hit a six week high on Friday, nearing 17 cents per lb as demand for higher risk assets like the sweetener soared following upbeat economic data from China and the United States, and as supply worries lingered. [MKTS/GLOB] [O/R]
Lufthansa will continue an agreement until March 2022 that allows passengers of smaller rival Condor to use Lufthansa feeder flights as part of their journey to holiday destinations, a spokesman for the company said on Friday.
The Trading Corporation of Pakistan (TCP) state agency has issued an international tender to purchase 50,000 tonnes of white sugar, European traders said on Friday.
Italian clothing retailer OVS wants to bring big global names, such as Abercrombie & Fitch or Levi's, into some of its stores and online shop, as part of its new strategy to move away from focusing solely on its own brands.
Worthington Industries, Inc. (Symbol: WOR) has been named as the ''Top Dividend Stock of the S&P Metals and Mining Select Industry Index'', according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among the components o
Raw sugar futures on ICE fell on Friday after hitting a one-month high in the previous session, though sentiment towards risk assets such as the sweetener remained broadly positive after upbeat economic data from China and the United States. [MKTS/GLOB] [O/R]
Copper was on track for its biggest weekly rise in two months on Friday after solid U.S. and Chinese economic data pushed global stock markets to near record highs and several investment banks predicted higher prices for the metal.
Chicago corn futures edged higher on Friday and the market was on track for a third consecutive weekly gain, as adverse U.S. weather and strong global demand raised concerns over supplies.
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