South Africa's Pepkor Holdings Ltd posted an 11.7% drop in half-yearly earnings on Tuesday, as customers prioritised spending on necessities amid a difficult working environment due to rolling blackouts and high inflation.
Top U.S. and European Union officials meet in Sweden on Tuesday to weigh how best to deal with China and cooperate on artificial intelligence and other future technology as well as EU complaints about Trump-era tariffs and U.S. green subsidies.
South Africa's Pepkor Holdings on Tuesday posted a 11.7% drop in half-yearly earnings, as customers prioritised spending on necessities amid a difficult working environment due to rolling blackouts and the impact of inflation.
Singapore's Olam Group on Tuesday said that it does not expect the $1 billion initial public offering of its agricultural unit, Olam Agri Holdings, to be completed in the first half of 2023.
Malaysian palm oil futures were set to dip for a second consecutive session on Tuesday, tracking weakness in rival edible oils, while oversupply concerns continued to weigh on investor sentiment.
Qantas Airways on Tuesday forecast its international divisions to be twice as profitable in the post-COVID era on strong recovery in tourism, with earnings at domestic and loyalty divisions also projected to improve.
Copper prices rose on Tuesday, supported by a weaker dollar and as risk sentiment improved following a temporary suspension of the U.S. debt ceiling to avoid a default.
Chicago wheat slid more than 1% on Tuesday with the market giving up previous session's gains as expectations of a bumper harvest in Russia, the world's biggest exporter of the grain, pressured prices.
Russia launched another wave of attacks on Kyiv in the early hours of Tuesday and the city's air defence systems were shooting down incoming missiles, while air raid sirens blared in several other regions.
Air Canada's pilots have ended a decade-long contract framework, opening the door to "full bargaining this summer," their union leadership said on Monday in a note to members seen by Reuters.
Air Canada's pilots have agreed to end a decade-long contract framework, opening the door to "full bargaining this summer," the union representing the carrier's aviators said on Monday in a note to members seen by Reuters.
The Brazilian unit of commodities trader Bunge launched on Monday a fintech with $500 million available to provide funding for deals between farmers and retailers of agricultural inputs.
Speculators nearly abandoned bullish bets in Chicago soybeans last week as global supplies are seen sufficiently building over the next year, but a short-covering bounce mid-week prevented an official move to the bearish side.
A second shipment of Russian-origin fertilizer facilitated by the United Nations' World Food Programme has arrived in Africa from the European Union, containing 34,000 tonnes of fertiliser, Russia's Uralchem said on Monday.
Cathay Pacific Airways Ltd is close to placing an order worth around $2 billion for Boeing 777-8F freighters as the Hong Kong carrier embarks on the partial renewal of a fleet of dedicated 747 cargo jets, industry sources said on Monday.
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