Rice prices in top exporter India hit a more than one-year peak this week bolstered by robust demand from African and Asian countries, while a cyclone damaged some crops in Bangladesh.
Preventing the spread of berry borer beetles and harvesting in spite of labor shortages are Colombian coffee farmers' top challenges for the remainder of 2020, the head of the country's growers' federation said.
Clarks, the British shoemaker and retailer, said on Thursday it was cutting 900 jobs globally and reviewing funding options to address liquidity needs caused by the coronavirus crisis.
Owners of $1.2 billion in debt issued by Etihad and other airlines it partly owned have given the struggling Abu Dhabi carrier an ultimatum to agree to a restructuring or potentially face legal action, two sources close to the situation said.
Argentina, which has enforced one of the world's toughest travel bans against the coronavirus, plans to help charter a private flight to bring in rabbis from Israel to certify meat at the country's packing plants for kosher markets around the world.
Travel restrictions to prevent the spread of COVID-19, the disease caused by the new coronavirus, are causing labour shortages at Malaysia's palm plantations, officials said.
Airlines should stick to ticket price guidelines issued by India's civil aviation ministry when they restart some domestic flights, two months after air travel was halted to fight the novel coronavirus, the ministry said on Thursday.
Read it whichever way you want it – things are bad but hey, there will be more stimulus. Lockdowns are easing so economic activity, including the battered airline and leisure industry, will get a boost. U.S. China tensions are flaring, but maybe it’s pre-election posturing?
India on Thursday said airlines can resume about one-third of their operations from May 25, two months after the country imposed a ban on air travel as it went into lockdown to curb the spread of the novel coronavirus.
Britain's FTSE 100 index is seen opening 33 points lower on Thursday, according to financial bookmakers with futures down 0.6% ahead of cash markets open.
British low-cost airline easyJet said it would restart a small number of flights on June 15, becoming the latest airline to plan for the return of European travel by making face masks mandatory onboard.
British low-cost airline easyJet said a small number of flights would restart on June 15 and that passengers and cabin crew would all be required to wear masks when travelling.
The collapse in oil prices to 21-year lows has led potential buyers of oil and gas fields to try and renegotiate deals already agreed at higher prices, with the first examples emerging of sellers having their hand forced.
Malaysia voiced its commitment to further strengthen diplomatic and trade ties with India, after the world's largest edible oil buyer renewed purchases of Malaysian palm oil, in a sign of improving relations between the two countries.
Retailer Canada Goose Holdings Inc said on Wednesday it has laid off 125 workers, about 2.5% of its global workforce, as part of steps to cope with the impact of COVID-19 on its business.
Canada Goose Holdings Inc has laid off about 250 workers, as the COVID-19 pandemic saps demand for the company's luxury parkas, the Wall Street Journal reported on Wednesday.
Airline Lufthansa said on Thursday it is in advanced talks with the German government's economic stabilisation fund over a rescue deal worth up to 9 billion euros ($9.9 billion), including the state taking a 20% stake in the company.
Airline Lufthansa said on Thursday it is in advanced talks with the German government's economic stabilisation fund over a rescue deal worth up to 9 billion euros ($9.88 billion), including the state taking a 20% stake in the company.
Reuters
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