A radically different inflation outlook stemming from huge drops in the prices of commodities that led to the global tightening cycle may have big impact on the dollar, which has soared during the period that U.S. interest rates have risen.
Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with Norwegian Air and Dutch KLM cancelling flights while Air France was going ahead with a special flight chartered by the French foreign ministry.
Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 90,640 metric tons of food-quality wheat from the United States, Canada and Australia in a regular tender that closed on Thursday.
Copper prices rose on Thursday, helped by a weaker dollar and expectations of more stimulus measures in top consumer China, but gains were capped by rising inventories.
British airline easyJet said on Thursday it had reached a proposed deal with Airbus to expand its fleet by up to 257 additional aircraft, plotting its growth beyond 2028, with bigger and more fuel efficient planes.
Europe's largest sugar producer Suedzucker on Thursday more than doubled its quarterly profits as high sugar prices compensated for increased energy and raw material costs, and raised its forecast for full-year earnings.
Chicago soybean futures held near 22-month lows on Thursday as an upgrade to Argentina's projected harvest raised expectations of plentiful supplies from South America, with traders shrugging off an expected downgrade for the U.S. crop outlook.
Europe's largest sugar producer Suedzucker on Thursday more than doubled its quarterly profits, as high sugar prices compensated for increased energy and raw materials costs, and raised its forecast for full-year profits.
Malaysian palm oil futures rose in early trade on Thursday after top producer Indonesia clarified that it will not make exports mandatory via a new exchange.
Copper prices inched lower on Thursday, weighed down by rising inventory in London, although losses were cushioned by a soft U.S. dollar and expectations of more stimulus in top consumer China.
Governments and airlines scrambled to lay on flights to evacuate thousands of tourists from Israel and repatriate the country's citizens, as the industry faced a warning over insurance cover in the wake of weekend attacks.
Chicago soybean futures held near 22-month lows on Thursday as an upgrade to Argentina's projected harvest raised expectations of plentiful supplies from South America, with traders shrugging off an expected downgrade for the U.S. crop outlook.
Grounded Indian airline Go First has received an expression of interest (EoI) from Jindal Power Ltd, two banking sources and two people aware of the development told Reuters.
Air Canada has been sued by Miami-based transport and security services provider Brink's, which alleged the airline of "negligence and carelessness" related to a gold and cash heist at a Toronto cargo facility in April, a court filing showed.
Air New Zealand on Thursday flagged lower first-half earnings for fiscal 2024 on the back of a recent softness in domestic travel demand, coupled with volatility in jet fuel prices.
A barge carrying three trucks and 2,000 empty cooking gas
cylinders lies stranded on the vast sand banks of a diminished
Rio Negro river after running aground last month, highlighting
the plight of river transport in the Amazon region hit by severe
drought.
Raw sugar futures on ICE fell more than 2% on Wednesday with the strong pace of production in Centre-South Brazil weighing on the market, while robusta coffee prices were hovering just above the prior session's six-month low.
Chicago soybean and wheat futures fell on Wednesday, and
corn futures firmed as the markets turned their attention to
widely-followed U.S. government crop forecasts.
Air New Zealand said on Thursday it expects earnings before tax for the first half of fiscal 2024 to be between NZ$180 million ($108.36 million) and NZ$230 million, and flagged recent softness in domestic travel, coupled with volatility in jet fuel prices.