Nasdaq Commodities

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.

Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), said on Tuesday it bought 655,000 tonnes of wheat in an international tender for shipment June 10-30 and July 1-20, 2023.

Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), said on Tuesday it bought 655,000 tonnes of wheat in an international tender for shipment June 10-30 and/or July 1-20, 2023. (Reporting by Sarah El Safty and Michael Hogan) ((Sarah.ElSafty@thomsonreuters.com;)) nC6N2T402B

Lyondell Basell Industries' 263,776 barrel-per-day Houston refinery returned to normal operations on Tuesday following a gas plant upset on Monday, said people familiar with plant operations.

In trading on Tuesday, shares of GrafTech International Ltd (Symbol: EAF) entered into oversold territory, changing hands as low as $3.95 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure

Portugal's Infrastructure Minister Joao Galamba stepped down on Tuesday as a scandal around state-owned airline TAP widened, just four months after his predecessor resigned over the same issue.

Chicago wheat hit a 25-month low in the session to close lower on Tuesday, on weather that looked good for U.S. crop development and improving crop conditions.

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.

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The Biden administration will defend funding for climate-smart farming in the $430 billion U.S. Inflation Reduction Act (IRA) if Republican lawmakers seek to cut it during negotiations for the next farm bill, an official said Tuesday.

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Valentin Yudashkin, a Russian fashion designer known not only for flamboyant evening gowns but also for redesigning Russia's military uniforms, has died at the age of 59, Russian news agencies reported on Tuesday.

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