Malaysian palm oil futures rose on Friday from a near three-week low hit in the previous session on renewed buying by key importer China, even as prices were on course for their first weekly drop in three.
A union representing WestJet's pilots reached a tentative agreement with the Canadian airline late on Thursday, averting a strike set to begin as early as Friday that would have led to travel disruptions during the Victoria Day holiday weekend.
London copper prices firmed on Friday, but were set for their fifth straight weekly decline as the U.S. dollar held strong near two-month highs and traders priced in more interest rate hikes this year on promising U.S. debt-ceiling talks.
Chicago corn lost more ground on Friday, trading near a 19-month low hit in the previous session, as disappointing U.S. exports and expectations of large global crops weighed on prices.
Malaysian palm oil futures rose on Friday from a near three-week low hit in the previous session, but prices were on course for their first weekly drop in three amid expectations of higher production and slow demand.
London copper prices eased on their way to a fifth straight weekly dip on Friday, as the U.S. dollar gathered momentum on markets pricing in more interest rate hikes this year with a resolution to the U.S. debt ceiling debate in sight.
Chicago corn lost more ground on Friday, trading near a 19-month low hit in the previous session, as disappointing U.S. exports and expectations of large global crops weighed on prices.
Brazil retailer Americanas SA said on Thursday it will next week start to seek potential bidders for the acquisition of its Hortifruti Natural da Terra (HNT) business unit.
Australia's flagship carrier, Qantas Airways Ltd, said on Friday it expects its international capacity to reach about 100% of pre-COVID-19 levels by March 2024, as it plans to add more seats and aircraft to its global network.
Australia's flagship carrier Qantas Airways Ltd said on Friday it expects the group's
international capacity to grow to around 100% of pre-COVID-19 levels by March 2024, as it plans to add more seats and aircrafts to its international network.
Benchmark U.S. corn futures fell on Thursday to their lowest in 19 months, pressured by disappointing export data and prospects for big U.S. crops, analysts said.
Top U.S. winter wheat grower Kansas is having a nightmare season amid exceptional drought, and the annual Wheat Quality Council tour confirmed that Thursday, issuing its lowest winter wheat yield estimate since at least 2000.
The U.S. Justice Department is considering suing to block Korean Air's planned acquisition of Asiana Airlines, U.S. news website Politico reported on Thursday.
Brazil is investigating a suspected case of avian influenza A (H5N1) in a person living in the southeastern state of Espirito Santo, where this week the first ever confirmed cases in wild birds were detected, the Health Ministry said.
Ross Stores on Thursday raised its annual profit forecast after upbeat quarterly results, buoyed by budget-conscious customers increasingly shopping at the off-price retailer and easing freight costs.
Canada's main stock index rebounded to end slightly higher on Thursday, as optimism that a U.S. debt ceiling deal could be reached soon offset pressure on mining shares as gold prices fell.
The U.S. Justice Department is considering suing to impede Korean Air's planned acquisition of Asiana Airlines, U.S. news website Politico reported on Thursday.
The U.S. and Taiwan reached agreement on the first part of their "21st Century" trade initiative covering customs and trade facilitation, regulatory practices, and small business, the U.S. Trade Representative's office said on Thursday.
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