The family of IndiGo's co-founder Rakesh Gangwal was likely to sell between 5%-8% stake in the Indian airline's parent InterGlobe Aviation Ltd, worth upto 75 billion rupees ($909.58 million), CNBC Awaaz said in a report, citing sources.
The family of IndiGo's co-founder, Rakesh Gangwal, was likely to sell between 5%-8% stake in the Indian airline's parent InterGlobe Aviation Ltd, worth upto 75 billion rupees ($909.58 million), CNBC Awaaz said in a report, citing sources.
Copper prices in London fell from a nearly one-month high on Monday, as tepid physical demand improvement in China and caution ahead of the U.S. Federal Reserve's rate decision weighed on sentiment.
Malaysian palm oil futures eased on Monday, weighed by a slump in early June exports, with palm oil board data showing a sharp rise in supply threatening to further hurt prices.
Malaysia's end-May palm oil inventories rose for the first time in four months, after output surged to its highest level so far this year, data from the nation's palm oil board showed on Monday.
Chicago corn futures edged higher on Monday amid expectations of supply concerns, after a historic drought affected the production of the crop in the world's third-biggest exporter Argentina.
Most base metals prices fell on Monday, as traders and investors exercised caution ahead of the U.S. Federal Reserve's rate decision and amid a firmer dollar.
Chicago corn futures edged higher in early Asian trading on Monday amid expectations of supply concerns, after a historic drought affected the production of the crop in the world's third-biggest exporter Argentina.
Speculators in the first days of June covered short positions across Chicago grains and oilseeds for a second consecutive week, motivated by dry weather for U.S. crops and multi-year lows across some contracts.
Swiss trading and mining firm Glencore has approached Teck Resources about purchasing the Canadian mining company's coal assets, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), said on Sunday it was seeking vegetable oils in an international purchasing tender for arrival July 20- Aug. 5, 2023.
Ted Kaczynski, former math professor and "twisted genius" who came to be known as the Unabomber when he carried out a 17-year spree of mysterious bombings that killed three people and baffled the FBI, died on Saturday at the age of 81.
American Airlines and JetBlue Airways asked a U.S. judge late Friday to allow them to continue mutual frequent flyer recognition and codeshare arrangements.
Large speculators trimmed their net short position in Chicago Board of Trade corn futures in the week to June 6, regulatory data released on Friday showed. The Commodity Futures Trading Commission's weekly commitments of traders report also showed that noncommercial traders, a category that includes hedge funds, trimmed their net short position in CBOT wheat and trimmed their net short position in soybeans. SUPPLEMENTAL Non-Comm Indexes Comm
Chicago Board of Trade soybean futures exceeded a three-week high on Friday as demand from end users helped push soybean oil above a one-month peak, traders said.
(RTTNews) - After ending the previous session off its worst levels but still notably lower, the price of crude oil saw further downside during trading on Friday.
A gulf in spending patterns between wealthy Americans and so-called "aspirational" shoppers is driving luxury retailers to search out new sources of revenue and, in some cases, to shift their merchandise strategies, several retailers said.
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