Nasdaq Commodities

Britons were warned not to book summer holidays abroad by government ministers as COVID-19 cases in parts of Europe soar, sending travel and airline stocks down by as much as 8% on Monday.

Egyptair expects to ask the Egyptian government for 5 to 7 billion Egyptian pounds ($317.84 million - $444.98 million) in assistance this year, needed to pay for outstanding loans and aircraft leasing fees, its chief executive said.

M iddle East budget carrier Air Arabia is optimistic about this year's summer travel period, expecting more borders to reopen as more people are inoculated against the coronavirus.

Of the seven commodities sectors driving deforestation, palm oil companies are doing the most to alleviate their environmental impact following years of public pressure, a study by a global environmental disclosure group shows.

China Hongqiao Group, the world's biggest private-sector producer of aluminium, will this year publish targets for lower carbon emissions and an action plan on how to reach them, its chairman Zhang Bo said on Saturday.

U.S. President Joe Biden "will be good for the relationship" between China and the United States, even though both sides might have "started a little on frosty side", former U.S. Secretary of Defence William Cohen told a Beijing forum.

Europe's airlines and travel sector are bracing for a second lost summer, with rebound hopes increasingly challenged by a hobbled COVID-19 vaccine rollout, resurgent infections and new lockdowns.

The Nasdaq ended higher on Friday, lifted by Facebook and energy shares, while the S&P 500 lost ground as U.S. Treasury yields took a break from a recent surge.

The Nasdaq ended higher on Friday, lifted by Facebook and energy shares as U.S. Treasury yields took a break from a recent surge.

Aviation training specialist CAE said on Friday it will be ready to host mass COVID-19 vaccinations as early as Easter, becoming one of the first major Canadian publicly traded companies to carry out inoculations of workers and the public.

The S&P 500 and Nasdaq rose on Friday, lifted by Facebook and energy shares as U.S. Treasury yields took a break from a recent surge.

Europe's airlines and travel sector are bracing for a second lost summer, with rebound hopes increasingly challenged by a hobbled COVID-19 vaccine rollout, resurgent infections and new lockdowns.

A court has ordered JBS SA to pay 20 million reais ($3.62 million) in damages after an outbreak of COVID-19 at a beef plant in northern Brazil, according to a copy of the ruling seen by Reuters on Friday.

Senate Finance Committee Chairman Ron Wyden, a Democrat who has been called both pro-trade and pro-labor, now holds major sway over President Joe Biden's trade agenda, with his buy-in needed to advance trade agreements in Congress.

The supply chain hiccups that dented Nike Inc's third quarter sales are mostly behind them, analysts said on Friday, after executives said the sporting goods giant had adjusted inventories and other areas to avoid a recurrence.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

Shanghai aluminium prices have this week powered to their highest level since August 2011. This month's volumes on the Shanghai Futures Exchange's aluminium contract are already the highest since 2017 and market open interest is at record peaks. The surge in speculative activity follows the mandated curtailment of smelting capacity in the city of Baotou in Inner Mongolia, as the provincial government tries to meet its quarterly energy targets.

Sanjeev Gupta's GFG Alliance secured a loan from Trafigura in 2018 by agreeing a six-year deal to sell aluminium to the commodity trader at a discount to market prices, two sources with direct knowledge of the agreement told Reuters.

The administrators of South African Airways (SAA) hope to hand control of the business back to management by the end of the month, the state-owned airline said in a letter to affected parties seen by Reuters.

Investors leaving the safety of bonds and driving up yields will inevitably buy something more risky, so higher-yielding currencies or those of major commodity producers should benefit.