Turkish state lender Ziraat Bank could work as an intermediary to process payments for Russia's grain exports, a senior Turkish official said on Thursday, adding the United States and the United Nations would need to approve each transaction.
China has approved the safety of a gene-edited soybean, its first approval of the technology in a crop, as the country increasingly looks to science to boost food production.
Indonesia will narrow the scope of crude palm oil (CPO) products traded on a planned exchange it hopes to launch by June, a regulator said on Thursday.
Copper prices rose on Thursday, as a weaker dollar made greenback-priced metals more expensive to holders of other currencies, but a weaker-than-expected demand recovery in top consumer China prevented a stronger rally.
India and Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow to keep rupees in its coffers, two Indian government officials and a source with direct knowledge of the matter said.
Saudi Basic Industries Corp (SABIC), one of the world's biggest petrochemical companies, said on Thursday its first-quarter net profit dropped 90% and warned it expected margins to remain under pressure in the second quarter.
Most base metals prices rose on Thursday, as a weaker dollar made greenback-priced metals more expensive to holders of other currencies, but a weaker-than-expected demand recovery in top consumer China prevented a stronger rally.
Pick n Pay, South Africa's second-biggest supermarket chain, reported a 16.3% fall in annual earnings on Thursday, hit by costs related to store revamps and unprecedented power cuts.
Some South Africans are calling for Britain to return the world's largest diamond, known as the Star of Africa, which is set in the royal sceptre that King Charles III will hold at his coronation on Saturday.
German fashion house Hugo Boss raised its 2023 profit outlook on Thursday, forecasting stable gross margins and more efficiency gains from its global store network this year.
Supermarket group Pick n Pay reported a 16.3% fall in annual earnings on Thursday, impacted by costs related to store revamps and unprecedented power cuts.
Algerian state agency ONAB has issued an international tender to purchase about 140,000 tonnes of corn to be sourced from Argentina or Brazil, European traders said on Thursday.
Adidas is set to update investors on Friday about the unsold Yeezy shoes that have put the German sportswear giant in a predicament since it cut ties with Kanye West over his anti-Semitic comments late last year.
Chicago wheat futures climbed to a one-week high on Thursday, continuing to recover from multi-month lows, after concerns over renewed tensions between Russia and Ukraine fuelled doubts on the future of a Black Sea export corridor.
Private-equity firm Apollo Global Management is nearing a deal to buy U.S. aluminum products maker Arconic, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
LATAM Airlines reported a first-quarter net profit of $121.8 million, the company said on Wednesday, reversing a net loss of $380 million in the year-ago period.
Private-equity firm Apollo Global Management is nearing a deal to buy industrial-parts manufacturer Arconic, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
The United States will allow Chinese airlines to increase U.S. passenger services to 12 weekly round-trips, the Transportation Department (USDOT) said on Wednesday, equal to the number of flights Beijing has permitted for American carriers.
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