Nasdaq Commodities

With or without China, world wheat stocks are set to reach a new high by mid-2021, though record demand should prevent supplies from becoming too burdensome.

Lufthansa could let its Belgian subsidiary Brussels Airlines go bankrupt or sell it, La Libre newspaper reported on Friday, citing anonymous sources at the airline.

Indonesia announced a tax break on Friday for manufacturers of personal protective equipment and household antiseptic products used during the coronavirus outbreak.

European Union leaders began the process of approving an unprecedented stimulus package for their coronavirus-ravaged economies on Friday, aware of the need to deliver help quickly, but still divided over its final size and terms.

Thailand's government on Friday signed a 290 billion baht ($9.36 billion) agreement with a consortium of local firms to upgrade and expand U-Tapao airport and its surrounds and turn it into a third international gateway for Bangkok.

Brought to Spain on a special flight amid the coronavirus lockdown, some 250 Uruguayan sheep shearers race against time to shear millions of Spanish sheep as the sweltering summer temperatures hit.

Around 6.4 million Indonesians have lost their jobs due to the impact of the coronavirus pandemic and new rounds of layoffs are likely to hit Southeast Asia's biggest economy by August, the country's chamber of commerce and industry (Kadin) said.

Two South African unions on Friday rejected job cuts proposed to rescue South African Airways, which has cost the government more than a billion dollars to stave off bankruptcy and will cost it about half that again to reform.

Japan Airlines Co (JAL) plans to raise as much as 500 billion yen ($4.7 billion) to bolster its finances amid a slump in air travel demand caused by the coronavirus outbreak, the company's president told shareholders on Friday.

An air cargo boom driven by demand for protective gear against the coronavirus has peaked and rates, while still 50% above normal levels, are falling in a worrying trend for airlines relying on freight revenue in the absence of passengers.

Thailand's government on Friday signed a 290 billion baht ($9.36 billion) agreement with a consortium of local firms to upgrade and expand U-Tapao airport and its surrounds and turn it into a third international gateway for Bangkok.

An air cargo boom driven by demand for protective gear against the coronavirus has peaked and rates, while still 50% above normal levels, are falling in a worrying trend for airlines relying on freight revenue in the absence of passengers.

Qinghai Provincial Investment Group said it was informed on June 16 that some of its creditors have submitted an application to the Xining Intermediate People's Court to restructure the issuer after it was unable to repay maturing debt.

Altura Mining Ltd said on Friday it had signed multi-year lithium supply contracts with its second-largest shareholder Ningbo Shanshan Co Ltd, sending its shares more than 30% higher.

Indian export rice prices fell to their lowest in more than two months this week due to a weaker rupee and muted demand, while mounting supplies from an ongoing harvest weighed on Vietnamese rates.

Australia's competition regulator will monitor domestic airfares and profits for three years, increasing scrutiny as the industry begins a slow recovery from the coronavirus pandemic and Virgin Australia Holdings Ltd seeks a buyer.

With or without China, world wheat stocks are set to reach a new high by mid-2021, though record demand should prevent supplies from becoming too burdensome.

Private equity fund IG4 said on Thursday it has signed a deal with Brazil's CGG Trading and its creditors to acquire CLI, which owns one of the largest grain terminals in the country, in the northern port of Itaqui.

When Congress approved $2 trillion pandemic aid in March, many Democratic and Republican lawmakers agreed on safeguards against fraud and abuse to ensure that companies receiving the money use it to save American jobs.

Wheat planting in Argentina this season is expected at 6.7 million hectares, the Buenos Aires Grains Exchange said on Thursday, citing dryness in northern and western regions as its reason for trimming its previous 6.8 million hectare estimate.