Indian consumer goods company Godrej Consumer Products Ltd on Thursday said it would buy the fast-moving consumer goods business of Raymond Consumer Care Ltd for 28.25 billion rupees ($345.2 million).
Only its full implementation can save the Black Sea grain deal from collapse, Russia's foreign ministry said on Thursday, reaffirming Moscow's dissatisfaction with an accord that aims to prevent a global food crisis.
Tighter U.S. rules to ban imports from China's Xinjiang are compounding pressure on Vietnam's apparel and footwear makers, hitting a sector that has already shed nearly 90,000 jobs since October in the global manufacturing hub as demand slowed.
Solar and EV companies are warning that a Republican plan to slash federal spending in exchange for a hike in the U.S. debt ceiling could hobble the tax incentives that unleashed billions of dollars in green investment and created tens of thousands of jobs in Republican districts over the past year.
Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that the Black Sea Grain deal could only be saved by fully implementing it and that it was not "a buffet you can pick and choose from."
Global leasing giant Avolon said on Thursday it had committed to ordering 40 Boeing 737 MAX aircraft in a deal worth over $4 billion at current list prices, a boost for the U.S. planemaker as it grapples with fresh delivery issues.
The United Arab Emirates (UAE) and Cambodia have agreed on the terms of a bilateral trade deal, as the Gulf state looks to strengthen trade and commerce ties, particularly in Asia, in strategic economic sectors.
Chicago wheat futures edged higher on Thursday with the market recovering from its weakest in 21 months, although plentiful world supplies limited the upside potential in prices.
In trading on Wednesday, shares of NovaGold Resources Inc. (Symbol: NG) crossed below their 200 day moving average of $5.41, changing hands as low as $5.39 per share. NovaGold Resources Inc. shares are currently trading off about 2.2% on the day. The chart below shows the one
Commodity funds have been bullish in Chicago soybeans for three consecutive years now, and despite a rout in futures last month, funds’ soy views as of last week were essentially unchanged from mid-March.
Air New Zealand on Thursday raised its earnings expectations for the financial year as it experienced strong travel demand, coupled with lower-than-expected fuel costs.
French luxury fashion house Hermès International SCA has settled a lawsuit brought by Skechers USA Inc that claimed Hermès sneakers infringed Skechers' patent rights, according to a Wednesday filing in Manhattan federal court.
Colombia's peso plunged on Wednesday to levels not seen in more than three weeks, as President Gustavo Petro named a new finance minister after he asked his cabinet ministers to resign amid a turbulent reshuffle.
Air New Zealand on Thursday raised its earnings expectations for the financial year as it experienced strong demand for domestic and international travel, coupled with lower fuel costs than expected.
The United States gave JPMorgan permission to process payments for agricultural exports via the Russian Agricultural Bank, but the arrangement was no substitute for reconnecting the bank to the SWIFT system, two Russian sources told Reuters.
Ecommerce firm eBay Inc forecast second-quarter revenue above Wall Street estimates on Wednesday, on hopes that it would attract shoppers to its refurbished as well luxury offerings as inflation cools.
In trading on Wednesday, shares of Commercial Metals Co. (Symbol: CMC) crossed below their 200 day moving average of $45.81, changing hands as low as $45.14 per share. Commercial Metals Co. shares are currently trading down about 2.4% on the day. The chart below shows the one
Raw and white sugar futures on ICE closed down on Wednesday, reversing earlier gains that took prices to their highest levels in more than 11 years, while robusta coffee prices rose to the topmost in nearly 12 years.
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