Nasdaq Commodities

U.S. asset manager Apollo Global Management Inc plans to apply for approval from Swedish and Danish regulators to take a majority stake in SAS AB as part of the Scandinavian airline's rescue plan, a source familiar with the matter said.

Egypt’s state grains buyer the General Authority for Supply Commodities (GASC) bought 655,000 tonnes of wheat in an international tender on Tuesday, traders said on Wednesday.

Russia's Foreign Ministry said on Wednesday that proposed talks between Russia, Ukraine and Turkey on the Black Sea grain deal on May 5 have not yet been agreed, Russian media reported.

India's palm oil imports in April fell 30% from a month earlier to hit a 14-month low, as its premium over rival soft oils prompted price-sensitive buyers to shift to sunflower oil and soyoil, five dealers told Reuters.

Copper dipped during Asian trading on Wednesday, as investors awaited the U.S. Federal Reserve's decision on interest rates due later in the day and what policymakers might signal on future actions amid looming recession risks.

Malaysian palm oil futures ticked down on Wednesday, surrendering gains clocked in the previous session, as sluggish export shipments and poor demand weighed on prices.

India's Wadia Group, the owner of cash-strapped Go Airlines (India) Ltd, is completely committed to the company, and has no plans to exit it, the airline's chief executive said on Wednesday.

The deputy defence ministers of Russia, Ukraine and Turkey will meet in Istanbul on Friday to discuss a deal that allows the exports of Ukrainian grains on the Black Sea, Turkish Defence Minister Hulusi Akar was quoted as saying on Wednesday.

Positive trial data showing Novo Nordisk’s obesity drug helps save and extend lives, not just lose weight, could propel Europe's best-performing stock even higher, according to 10 investors and industry analysts interviewed by Reuters.

Danish jewellery maker Pandora on Wednesday raised its full-year revenue outlook after reporting results for the first quarter slightly above analyst forecasts.

German airline group Deutsche Lufthansa said it expected strong demand for holiday travel this summer to fill seats on its planes and help it reach its full-year targets.

Copper and other base metals dipped during Asian trading on Wednesday, as investors were cautious ahead of the U.S. Federal Reserve's interest rate decision and on what policymakers might signal on future actions.

German airline group Deutsche Lufthansa reported a 40% jump in first-quarter revenue and a smaller quarterly loss, citing pent-up demand for holiday travel that drove up ticket sales.

Indian airline Go First, which filed for bankruptcy on Tuesday, owes financial creditors 65.21 billion Indian rupees ($798 million), its bankruptcy filing showed.

Chicago wheat slid for a third consecutive session on Wednesday to its lowest in 25 months as the recent rain in U.S. winter wheat-growing areas and favourable weather in other northern hemisphere suppliers boosted expectations of abundant supplies.

Malaysian palm oil futures fell on Wednesday, giving up sharp gains clocked in the previous session, as sluggish export shipments and poor demand weighed on prices.

Cash-strapped Indian airline Go First filed for bankruptcy on Tuesday, blaming "faulty" Pratt & Whitney engines for the grounding of about half its fleet.

Chicago wheat inched higher on Wednesday with prices recovering from their lowest levels in more than two years, although rains in the U.S. winter wheat-growing areas and ample world supplies kept a lid on the market.

The Biden administration does not plan to extend a July 1 deadline for airlines to upgrade airplane altimeters, the measuring instruments that are crucial for bad-weather landings, to address potential interference from 5G wireless technology, Transportation Secretary Pete Buttigieg said.

Canadian Trade Minister Mary Ng met U.S. Trade Representative Katherine Tai on Tuesday and the two discussed working together to address "shared challenges" regarding Mexico's energy and mining sector reforms, according to a statement from the Canadian ministry.