The U.S. Justice Department's complaint aimed at stopping JetBlue Airways Corp from buying rival discount carrier Spirit Airlines Inc will force the companies to explain why very high market shares on some routes will not mean higher prices for consumers.
Chicago corn futures hit their lowest price since August on Thursday on a more favourable U.S. crop season weather outlook after predictions that El Nino could arrive by summer.
Raw sugar futures on ICE rose on Thursday supported by tight supplies driven partly by lower-than-expected production in India and Thailand, while arabica coffee prices fell to a four-week low.
Billions of dollars in clean energy incentives are poised to speed investment on American soil while putting the European Union's energy transition at risk by luring away money and talent, executives at the CERAWeek energy conference said this week.
Spanish fashion retailer Mango's sales hit a record 2.68 billion euros ($2.8 billion) last year, exceeding pre-pandemic levels by 13% as shoppers kept spending on clothing amid high inflation and as the company expanded in the United States and India.
Raw sugar futures on ICE were lower on Thursday, weighed partly by a favourable outlook for production in Centre-South Brazil, while arabica coffee prices also eased.
Corn and soybean production was supposed to rebound in South America this year after drought claimed crops in both Brazil and Argentina last year, but the situation has grown far worse in Argentina, limiting recovery in tight global supplies.
Italy's Prada said on Thursday it expects revenue growth to outpace rivals this year, after sales exceeded analyst expectations in 2022 thanks to a strong performance in Europe.
German hydrogen firm Thyssenkrupp Nucera has seen customer interest soar in the U.S. as a result of the Inflation Reduction Act (IRA) and may create local production capacity with Italy's De Nora if the market takes off.
Chicago wheat futures edged higher on Thursday after falling to their lowest in 18 months, with comments from Russia cooling expectations of a Black Sea deal to ship Ukrainian grains.
Malaysian palm oil futures reversed early losses on Thursday, snapping a three-day decline as traders shifted their focus to the upcoming palm oil board data, after a highly-anticipated conference in Kuala Lumpur did not indicate a clear price trend.
Top animal welfare officials at the U.S. Department of Agriculture (USDA) were subpoenaed last year by a federal grand jury seeking to establish why they took no action against animal research breeder Envigo, despite repeatedly documenting the mistreatment of thousands of beagles, according to several people familiar with the matter.
Copper prices retreated on Thursday after economic data in China underlined worries about sluggish demand in top metals consumer China while rising U.S. interest rates also remain on the radar.
Russia said on Thursday that a landmark deal to ensure the safe export of grain from Ukraine's Black Sea ports was only being "half-implemented", raising doubts about whether it would allow an extension of the deal that is due to expire next week.
Ukrainian grain harvest may fall 37% to 34 million tonnes in 2023 because of a smaller grain sowing area and lower yield, Ukraine's national academy of agricultural science said on Thursday.
Three workers are trapped in a Spanish potash mine located in the town of Suria in northeastern Spain on Thursday following an underground collapse, local police and emergency services told Reuters.
German fashion house Hugo Boss on Thursday said it expected 2023 sales to grow at a mid-single-digit percentage rate, slower than last year even as it sees sales improving in the Asia and Pacific region.
A Shree Airlines Dash 8 turboprop made a safe emergency landing in Nepal on Thursday after an "indication of fire" in one of its engines, officials said, in a country on heightened alert over aviation safety after a deadly ATR 72 crash in January.
Checked
11 minutes 55 seconds ago
This feed is responsible for generating the rss feed related to the topic Commodities