Italy's Safilo is studying the sale of its plant in Longarone due to overcapacity and it is looking at players in the eyewear and fashion sectors as potential buyers, the eyewear group Chief Executive said in Friday.
Chicago wheat futures held steady after falling earlier on Friday, but were still poised for their fourth week of decline on growing expectations of a Black Sea deal, which will allow Ukraine to continue shipping grains.
U.S. soybean exports flirted with record highs at the start of 2023 while corn shipments slacked, owing to last year’s huge Brazilian corn crop which was followed by a slow start to its current soy harvest.
Southeast Asia's biggest urea fertiliser maker PT Pupuk Kalimantan Timur (Pupuk Kaltim) plans to invest at least $1 billion to increase its capacity and set up a soda ash plant, its chief executive said on Friday.
Raw sugar futures on the ICE fell on Friday, depressed by weakness in crude oil and many other commodity markets driven partly by the prospect of further interest rate hikes in the U.S.
Copper prices extended losses on Friday, pressured by continued disquiet about the impact of higher interest rates on economic growth and metals demand ahead of key U.S. jobs data.
Malaysian palm oil futures closed at their lowest in three weeks on Friday, marking a weekly drop, as the oilseed tracked losses in rival Dalian edible oils.
The condition of soft wheat in the week to March 6 was unchanged from the previous week with 95% of crops rated to be in good or excellent condition, farm office FranceAgriMer said on Friday, confirming little damage from dry weather in the previous month.
Jordan's state grains buyer has issued a new international tender to purchase up to 120,000 tonnes of animal feed barley, European traders said on Friday.
Boeing Co said on Friday it would set up a facility in India to convert 737 passenger planes into dedicated freighters to tap into regional and global demand for the service.
South Korea's Feed Leaders Committee (FLC) has issued a tender to purchase 52,000 to 69,000 tonnes of corn sourced from optional worldwide origins, European traders said on Friday.
Malaysia's end-February palm oil inventories tumbled to the lowest in six months as production and imports plummeted, data issued by the nation's palm oil board showed on Friday.
A Korean Air Lines Co Ltd jet with 230 people on board was evacuated on Friday morning after two live bullets were found before takeoff at Incheon International Airport in South Korea, police said.
Copper prices slid on Friday, heading for weekly losses as fears over persistent interest rate hikes by the U.S. Federal Reserve weighed on investor sentiment, while improving supply prospects added downward pressure on the market.
Malaysia's February palm oil end-stocks fell 6.56% from the previous month to 2.12 million tonnes, data from industry regulator the Malaysian Palm Oil Board (MPOB) showed on Friday.
Chicago wheat lost more ground on Friday with the market poised for its fourth week of decline on growing expectations of a Black Sea deal, which will allow Ukraine to continue shipping grains.
Virgin Australia is seeking a loan of up to A$450 million ($296.4 million) to return money to its private equity owner before the airline's re-listing planned for later this year, according to two sources with direct knowledge of the matter.
Malaysian palm oil futures slumped more than 2% on Friday ahead of key data, and is set for a weekly loss as the market tracked losses in rival edible oils.
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