Nasdaq Commodities

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

Lufthansa on Wednesday said it had reached an agreement with pilots union Cockpit on a package of short-term measures to cut costs after Germany's flagship airline received a government bailout to secure its future.

Off-price retailer TJX Cos Inc on Wednesday posted a bigger-than-expected quarterly loss, as its stores were shuttered for nearly one-thirds of the quarter due to the lockdown, sending its shares down 5% in premarket trading.

Off-price retailer TJX Cos Inc on Wednesday beat market estimates for quarterly net sales, helped by strong demand for home-improvement products from consumers stuck indoors during the coronavirus lockdown.

U.S. carrier Southwest Airlines Co said on Wednesday it expects cash burn in the third quarter to slow as bookings improve in August from a pandemic-driven grounding of flights worldwide, but flagged inconsistent demand and booking trends.

Target Corp on Wednesday reported its best quarterly comparable sales growth and online revenue that nearly tripled as shoppers lapped up videogames, kitchenware and clothes during the pandemic using the retailer's same-day delivery services.

Southwest Airlines Co expects cash burn in the third quarter to slow to about $20 million per day as bookings improve modestly in August, following a weak July due to the coronavirus crisis, the U.S. carrier said on Wednesday.

Target Corp on Wednesday reported its best quarterly comparable sales growth and online revenue that nearly tripled as shoppers lapped up videogames, kitchenware and clothes during the pandemic using the retailer's same-day delivery services.

Around 20 staff from state-owned China Minmetals Corp are being transferred to subsidiary MMG Ltd's new office in Beijing, the Australia-based miner said on Wednesday, as it sets up a marketing presence in the world's biggest metals consumer.

The Indonesian rupiah gained on Wednesday after the central bank, as expected, kept interest rates unchanged, while the Philippines led losses for emerging Asian stock markets after reporting a huge spike in coronavirus infections.

The Indonesian rupiah gained on Wednesday after the central bank, as expected, kept interest rates unchanged, while the Philippines led losses for emerging Asian stock markets after reporting a huge spike in coronavirus infections.

South African retailer Truworths International Ltd on Wednesday flagged a decline in full-year earnings of as much as 33%, blaming the impact of the COVID-19 pandemic.

Billionaire Bernard Arnault moved to shore up his influence in French conglomerate Lagardere by acquiring a 27% stake in Arnaud Lagardere's personal holding firm, as a battle over the future of the Lagardere business heats up.

British inflation jumped unexpectedly last month to its highest rate since March, pushed up by clothing retailers refraining from their usual summer discounts as they reopened from the coronavirus lockdown, official data showed on Wednesday.

Financiere Agache, a unit of luxury goods group billionaire Bernard Arnault, will buy up a 27% stake in Arnaud Lagardere's personal holding company LCM, Arnault and Lagardere said in a joint statement on Wednesday.

Kuwaiti aircraft leasing company Alafco said on Wednesday it has reached an agreement with Airbus to delay the delivery of aircraft ordered from the planemaker.

No new high-level trade talks have been scheduled between the United States and China but the two sides remain in touch about implementing a Phase 1 deal, White House Chief of Staff Mark Meadows told reporters aboard Air Force One on Tuesday.

No new high-level talks have been scheduled between the United States and China, White House Chief of Staff Mark Meadows told reporters aboard Air Force One following President Donald Trump's visits to Arizona and Iowa on Monday.

LATAM Airlines, South America's largest carrier, on Tuesday reported a net loss of $890 million for the second quarter, hit by the coronavirus pandemic that drove the company into a Chapter 11 bankruptcy filing in May.

LATAM Airlines, South America's largest carrier, on Tuesday reported a net loss of $890 million for the second quarter, hit by the coronavirus pandemic that drove the company into a Chapter 11 bankruptcy filing in May.