Nasdaq Commodities

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

Clothing and furnishing retailer Laura Ashley calmed concerns over its working capital, saying it has access to sufficient funds to meet immediate funding needs, sending its shares up more than 15%.

Russia's main home-grown passenger jet, the Sukhoi Superjet 100, conceived as a rival to Airbus, Bombardier and Embraer, has no confirmed orders this year beyond a long-standing deal with state carrier Aeroflot, two sources told Reuters.

As bakers in flour-stained clothes knead dough and slide trays of loaves into ovens in Sudan's capital, a cluster of yellow-vested volunteers keep watch.

Futures for Canada's main stock index were marginally up on Wednesday, gaining support from higher crude prices as a fall in the number of new coronavirus cases in China for the second straight day eased oil demand worries.

Kuwaiti lawmakers agreed on Wednesday to set up a committee to look into whether Airbus's aircraft orders from the Gulf Arab state involved alleged corruption, the state news agency reported.

The value of future firm orders at Brazil planemaker Embraer rose modestly to $16.8 billion in the fourth quarter, the company said in a securities filing, on the back of increased orders of its newest E195-E2 jet.

German exports to Britain fell for the fourth year running in 2019, according to Statistical Office data seen by Reuters, as the weak pound dampened demand and uncertainty over post-Brexit trade regulations disrupted existing supply chains.

Singapore-based commodity trader Agritrade International Pte Ltd, which has $1.55 billion due to creditors, has been placed under interim judicial management by a Singapore court, the firm's Hong Kong-listed subsidiary said in a statement.

Big manufacturing hubs on the Chinese coast are starting to loosen curbs on the movement of people and traffic while local governments prod factories to restart production, following weeks of stoppages due to the coronavirus outbreak.

London-based hedge fund Odey Asset Management said it would vote against Anglo American's bid to acquire Sirius Minerals at the current offer price of 5.5 pence per share, saying the terms do not represent fair value.

Shanghai has compiled a list of firms, including local units of multi-nationals Unilever PLC and 3M Co, as eligible for millions of dollars in subsidised loans to ease any blow from the coronavirus outbreak, according to bankers and documents seen by Reuters.

Odey Asset Management will vote in favour of any bid for Sirius Minerals from Anglo American at 7 pence per share or above, the London-based investment firm said in a statement on Wednesday.

Qatar Airways Group said on Wednesday it had increased its holding in British Airways-owner IAG to 25.1%, buying another stake worth $600 million as part of a strategy it described as being highly successful.

Investigators with India's antitrust watchdog have found no evidence that the country's biggest airline, IndiGo, and four rival carriers colluded to fix ticket prices, three sources with direct knowledge of the matter told Reuters.

Big manufacturing hubs on the Chinese coast are starting to loosen curbs on the movement of people and traffic while local governments prod factories to restart production, following weeks of stoppages due to the coronavirus outbreak.

China's exemptions on import duties for U.S. copper and aluminium scrap will not massively increase shipments of the material as metal demand has dropped because of the effects of the coronavirus outbreak.

Indonesia's finance minister proposed on Wednesday new duties on sweetened drinks, vehicles that emit carbon dioxide and plastic bags, to control consumption of the products in Southeast Asia's largest economy.

Hundreds of people began disembarking a quarantined cruise ship off Japan on Wednesday as the death toll from the new coronavirus in mainland China passed 2,000 and the number of new cases in the country fell for a second straight day.

Foreign pilots at some Chinese airlines have returned to their home countries and are considering other jobs after being placed on unpaid leave as demand falls because of the coronavirus, affected flight crew told Reuters.