Nasdaq Commodities

The Turkey Wealth Fund (TWF) said on Thursday it agreed to buy 26.2% of shares in mobile operator Turkcell Iletisim under a series of agreements, with Swedish telecom company Telia divesting its indirect stake for $530 million.

The U.S. Transportation Department said on Wednesday it fined Panama's Copa Airlines $450,000 for unlawfully transporting passengers between the United States and Venezuela via a stopover point, and ordered the airline to avoid future similar violations.

Air New Zealand Ltd on Thursday forecast an underlying loss of up to NZ$120 million ($77.50 million) for the financial year ending June 30, as it grapples with a plunge in air travel demand following the coronavirus outbreak.

Chile´s vaunted lithium industry, the world´s second largest, has begun to feel the impact of a runaway coronavirus outbreak nationwide, though top producers SQM and Albemarle said output from their Atacama operations nonetheless remained unscathed.

Namibia's Ministry of Agriculture said on Wednesday it had detected an outbreak of red locusts in central regions of the southern African country and had sent pest control teams to the affected areas.

LATAM Airlines Group on Wednesday said its Argentine subsidiary will cease operations indefinitely, canceling all domestic flights, its first major cutback since filing for bankruptcy protection.

Panama's civil aviation authority said it will extend a suspension of international flights by a month due to the coronavirus crisis, according to a statement on Wednesday.

Cargill's chief executive in Brazil, Paulo Sousa, said on Wednesday that insults by Brazilian government officials aimed at the country's main trading partner, China, are detrimental to the South American nation's business interests.

Canadian grain exporters are boosting sales in a slumping global economy, as demand for commodities like oil weakens and frees up railway space.

A plane used by the Royal Family and Prime Minister Boris Johnson will be painted red, white and blue to "better represent the UK around the world," a patriotic makeover after Britain's departure from the European Union.

Qatar Airways will not take any new planes ordered from Boeing or Airbus in 2020 or 2021, chief executive Akbar al-Baker said on Wednesday, adding there would be a knock-on effect to future deliveries due to the COVID-19 pandemic.

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

Airports of Thailand (AOT) said it expects passenger numbers and revenue to fall by 50% in 2020 as a result of the coronavirus crisis.

Britain and the European Union have said they will intensify negotiations on reaching a comprehensive agreement on the terms of their future relationship.

Oil demand may not recover to pre-pandemic levels until 2022 at the earliest, according to a new report from the International Energy Agency (IEA).

Agricultural commodities trader Louis Dreyfus Company has launched a venture capital programme to invest in food and farming firms while also announcing a change of head for its innovation business.

The United Kingdom announced on Wednesday it would pursue accession to a revamped version of the Trans-Pacific Partnership.

The European Commission called on Wednesday for global leaders to cooperate to buy bulk quantities of potential COVID-19 vaccines, to avoid "harmful competition" in the race for a shot and ensure any future vaccine is available for poor countries.

Australia's Perth Mint, one of the world's biggest gold refiners, said it would stop processing metal from artisanal and small-scale miners after allegations that it took gold dug in Papua New Guinea using child labour and toxic mercury.

Southwest Airlines said on Wednesday it has enough cash to carry on business for the next two years, up from its prior forecast of 20 months, as travel demand gradually picks up.