Australia's Qantas Airways Ltd has seen domestic leisure travel rebound to pre-pandemic levels, but demand in the corporate travel market is lagging about three months behind, its chief executive said.
Chicago wheat futures gained for a second straight session on Wednesday, with prices underpinned by concerns about dry soils limiting U.S. and European production prospects.
Malaysian palm oil futures rose for a second straight session on Wednesday as they tracked higher prices of competing oils on the Dalian and Chicago Board of Trade.
Aluminium prices rose on Wednesday, with the Shanghai contract hitting a near 10-year high on fears that top producer China will limit output to meet its environmental targets.
Chicago wheat futures gained for a second session on Wednesday, with prices underpinned by concerns about dry soils limiting U.S. and European production prospects.
Market-watchers next month will be engulfed in next year’s supply and demand prospects as U.S. farmers seed the 2021 corn crop and the U.S. government publishes its first official estimates for 2021-22, numbers that are expected to show continued tightness in domestic corn inventory.
New Zealand will cease the export of livestock by sea following a transition period of up to two years, Agriculture Minister Damien O'Connor announced on Wednesday.
The top executives of more than three dozen Michigan-based companies, including General Motors Co and Ford Motor Co, on Tuesday issued a joint statement opposing Republican-backed legislation to restrict voting.
Raw sugar futures on ICE rose on Tuesday, recovering from Monday's fall amid supply concerns and as upbeat trade data from China boosted sentiment in the wider financial markets. [MKTS/GLOB] [O/R]
U.S. corn and soybean futures rose on Tuesday, bouncing back from two days of declines on bargain buying by investment funds and concerns about tight supplies of both commodities, traders said.
Brazilian production of ethanol from corn rose 58% in the newly passed year as dozens of recently built plants in the country's grain heartland ramped up production, and analysts see an annual increase of around 25% in the new season.
French luxury goods giant LVMH said on Tuesday it was fully focused on integrating U.S. jeweller Tiffany, brushing aside suggestions that it might be interested in buying other brands.
The U.S. soybean processing pace jumped in March following a smaller-than-expected crush the prior month, propelled in part by strong demand for vegetable oils to make biofuel, according to analysts polled ahead of a National Oilseed Processors Association (NOPA) report due Thursday.
Russian forestry group Segezha was valued by some of investment banks which are arranging its initial public offering (IPO) at between 125 billion roubles to 333 billion roubles ($1.6 billion to $4.4 billion), four financial market sources told Reuters on Tuesday.
Surging sales at Louis Vuitton and Dior powered a strong rebound at French luxury group LVMH in the first part of 2021, as thriving demand in Asia and the United States offset the drag from new coronavirus lockdowns in much of Europe.
Alitalia trade union representatives on Tuesday urged Italy's government to abandon negotiations with Brussels over the airline's revamp, saying the European Commission is favouring foreign carriers over the group.
Canada's airline sector is crucial and the government is looking at helping other carriers, Prime Minister Justin Trudeau said on Tuesday, a day after Ottawa unveiled a C$5.9 billion ($4.70 billion) aid package for Air Canada.
Mills in Brazil's centre-south region produced 174,000 tonnes of sugar in the second half of March, 23% less than in the same period a year ago, as operations in the new sugar season got off to a slow start, industry group Unica said on Tuesday.
Boeing Co said on Tuesday it delivered 29 aircraft in March, up from 20 a year earlier, with the U.S. planemaker's net orders staying positive for the second straight month as airlines get ready for a recovery from the COVID-19 pandemic.
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