Nasdaq Commodities

Shares in Japanese trading houses sank on Thursday after Marubeni Corp said it would book a record annual loss as the impact of the coronavirus outbreak drives down prices of oil and commodities.

Oilfield services firm Halliburton and Russia's Gazprom Neft have signed an outline agreement on technological cooperation to construct wells at the Achimov oil formation in Siberia, Gazprom Neft said on Thursday.

Creditors of cash-strapped South African Airways (SAA) have authorised an extension of the deadline for the airline's business rescue plan until May 29, the airline's administrators said on Thursday.

Global food security concerns are mounting with around a fifth of the world's population already under lockdown to fight the widening coronavirus pandemic that has infected over 470,000 people across 200 countries, killing 21,000.

Chinese soybean processors fear the spread of coronavirus in major exporters could lead to further supply shortages, with some plants in the world's biggest buyer already having to wind back operations, industry sources and traders said.

A representative body for airlines based in Britain has written to its transport minister seeking industry-specific tax and air traffic fee holidays to help survive a coronavirus pandemic that has brought air travel to a standstill.

Japanese apparel maker Renown Inc said the company's top executives were voted out of its board on Thursday by China's Shandong Ruyi, its parent company.

South Korea's National Pension Service (NPS) will vote for Hanjin Group chairman Walter Cho to keep his board seat in Korean Air's parent firm Hanjin Kal at a shareholders' meeting on Friday, the fund said.

Japanese apparel maker Renown Inc said the company's CEO and chairman were voted out of its board by China's Shandong Ruyi, its top shareholder, at an annual general meeting on Thursday.

Airbus SE is reducing the production of aircraft wings for three weeks as it slows operations to put in place extra health and safety measures due to the coronavirus pandemic, the planemaker said on Thursday.

The oil industry has been hit by a simultaneous demand and supply shock in March as the coronavirus pandemic cuts fuel consumption and top producer Saudi Arabia raises output to full capacity to fight a price war with rivals.

Shares in Japanese trading houses sank on Thursday after Marubeni Corp warned it will book a record annual loss as the coronavirus outbreak sends prices of oil and commodities tumbling.

This year's benchmark zinc smelter treatment charges have been set at a 12-year high of $299.75 per tonne, according to Fastmarkets.

Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter services on passenger planes to boost revenue as the U.S. Senate neared a vote on a bill to give its carriers $58 billion in aid, including payroll support.

Singapore Airlines Ltd on Thursday went into a rare trading halt pending an announcement, days after it said it would ground almost its entire fleet and seek more financing as it grapples with the coronavirus pandemic.

JBS SA, the world's largest meat-packer, on Wednesday reported its quarterly net profit soared 332% over the prior-year period, thanks to a surge in sales to China, which increased food imports dramatically after an outbreak of African swine fever.

Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter services on passenger planes to boost revenue as the U.S. Senate neared a vote on a bill to give its carriers $58 billion in aid, including payroll support.

Argentine soy and corn farmers were harvesting on Wednesday but looked increasingly unlikely to rush their crops to market, even after the government moved to resolve coronavirus-related problems that have slowed delivery to the country's export hubs.

In trading on Wednesday, shares of Alamos Gold Inc (Symbol: AGI) crossed above their 200 day moving average of $6.00, changing hands as high as $6.01 per share. Alamos Gold Inc shares are currently trading up about 8.4% on the day. The chart below shows the one year perfor

Retailers Canada Goose Holdings Inc and Gap Inc said they would begin production of medical gear for healthcare workers and patients to aid the battle against the coronavirus pandemic.