Nasdaq Commodities

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

Mexican airline Aeromexico said on Thursday that July passenger traffic was down 73% to about 513,000 flyers, compared with the same month last year, as coronavirus lockdowns kept tourism and business travel depressed.

Police fired teargas to disperse a protest in the commercial capital, Abidjan, on Thursday against the exclusion of former President Laurent Gbagbo and others from the voter rolls for October's presidential election.

The French government will propose lifting a ban on certain pesticides blamed for harming bees in order to protect sugar beet crops that have been ravaged by insects this year, the agriculture ministry said on Thursday.

A South African animal rights group is seeking a court order banning a Kuwaiti firm from shipping tens of thousands of sheep across the equator to the Middle East during summer months in conditions it called "extreme cruelty".

Fashion conglomerate Shandong Ruyi, best known for its ambition to be the LVMH of China, has brushed aside a sale of textile maker Lycra proposed by Lycra's creditors and is instead looking to publicly float the business, two people with direct knowledge told Reuters.

Israel's Government Companies Authority said it would recommend allowing Eli Rozenberg to buy control of cash-strapped El Al Israel Airlines.

Online wine seller Naked Wines said on Thursday it expects total sales in July to rise 73% from a year earlier and that it has seen continued strong rates of new customer growth.

Abu Dhabi's Etihad Airways said its core operating loss deepened to $758 million in the first half of the year as passenger traffic fell by nearly 60% due to the coronavirus pandemic.

Online wine seller Naked Wines said on Thursday it expects total sales in July to be up 73% compared to last year and that it has seen continued strong rates of new customer growth.

Abu Dhabi's Etihad Airways reported on Thursday a $758 million loss in the first half as passenger traffic fell by nearly 60% due to the coronavirus crisis.

U.S. Democratic presidential candidate Joe Biden on Wednesday ratcheted up the rhetoric on President Donald Trump's handling of the country's increasingly tense relationship with China, saying the Republican's much-vaunted trade deal was "failing."

The U.S. Federal Aviation Administration on Wednesday said it was proposing to fine Boeing Co $1.25 million after the agency alleged Boeing managers at its South Carolina plant exerted undue pressure on workers who handle safety oversight work on behalf of the agency.

Panama's Copa Airlines on Wednesday reported that it earned almost no income between April and June, with revenue falling 98% as coronavirus-related measures virtually shuttered the Panama City airport that serves as its home base.

Corteva Inc on Wednesday reported a drop in quarterly revenue and operating profit, slammed by a shift in some corn seed sales to the first quarter and lower sales of its pesticides in Latin America.

Corteva Inc reported a drop in quarterly revenue and operating profit as some corn seed sales had shifted to the first quarter and due to lower demand for its insecticides and pesticides in Latin America.

Democratic presidential candidate Joe Biden on Wednesday ratcheted up rhetoric on President Donald Trump's handling of the United States' increasingly tense trade relationship with China.

A group of Senate Republicans on Wednesday backed extending a $25 billion payroll assistance program for U.S. airlines after warnings that carriers may be forced to cut tens of thousands of jobs without government action, according to a letter seen by Reuters.

The Federal Aviation Administration on Wednesday said it was proposing to fine Boeing Co $1.25 million after the agency alleged Boeing managers exerted undue pressure or interfered with work of employees performing duties for the government at the company’s plant in South Carolina.

A group of Senate Republicans on Wednesday backed extending a $25 billion payroll assistance program for U.S. airlines after warnings that carriers may be forced to cut tens of thousands of jobs without government action, according to a letter seen by Reuters.