Indian budget carrier IndiGo is in talks with both Boeing and its current supplier Airbus to order more than 500 passenger jets, potentially smashing an industry record set by domestic rival Air India a few weeks ago, industry sources said.
Brazilian shoemaker Arezzo Industria e Comercio SA on Friday announced its first acquisition outside the South American country, agreeing to buy Italy's Paris Texas as it continues to push for an internationalization.
Arabica coffee futures on ICE hit a two-week low on Friday as investors continued to take profits after bidding prices up to a four-month high last month.
Brazilian biosecurity agency CTNbio has approved cultivation of a drought-resistant genetically modified wheat in the country, according to a decision published on its website, making Brazil the second country after Argentina to grant such a permission in the world.
Farmers from Belgium's northern region of Flanders drove thousands of tractors into Brussels on Friday in a protest against a new regional government plan to limit nitrogen emissions.
Brazilian biosecurity agency CTNbio has approved cultivation of a drought-resistant genetically modified wheat in the country, according to a decision published on its website, making Brazil the second country after Argentina to grant such a permission in the world.
Chicago grain futures edged higher on Friday but were poised for weekly losses, despite some support from concerns about soybean supply from top producer Argentina amid dry weather conditions and concern about Ukrainian corn and wheat supplies.
Year-to-date U.S. corn export figures may look grim, though an upturn could be brewing as rival corn suppliers Brazil, Argentina and Ukraine may not have the supplies and/or capacity to do sizable business over the next several months.
Top energy executives and officials from around the world will descend on Houston next week just as the political fallout from Russia's invasion of Ukraine a year ago continues to distort global oil supply lines and put long-term energy security front of mind for governments.
Global equity funds suffered their biggest weekly net selling in two months in the seven days to March 1 as global stocks fell after strong U.S. economic data stoked fears about further rises in interest rates.
Germany's Lufthansa on Friday said it delivered a "clearly positive result" for 2022 and expects a significant improvement in earnings this year as air travel recovers from COVID restrictions.
A heatwave in northern and central India at a time the crop is ripening is threatening to damage grains and dent the country's wheat production for the second straight year.
The condition of soft wheat in the week to Feb. 27 was unchanged from the previous week, farm office FranceAgriMer said on Friday, in a sign that the dry February weather had not taken a toll on crops.
Malaysia's palm oil inventories at the end of February are forecast to shrink as production, hampered by heavy rains and flooding, tumbled to a one-year low, a Reuters survey showed on Friday.
European shares opened higher on Friday, underpinned by rate-sensitive technology stocks after comments from a U.S. Federal Reserve official about a potential pause in monetary tightening prompted investors to take on risky assets.
Oriental Land, the operator of Tokyo Disney Resort, and Japan Airlines (JAL) will be added to the Nikkei 225 index in a reshuffle of the benchmark, the publisher of the stock average said on Friday.
Indian mills have
produced 25.8 million tonnes of sugar since the current season
began on Oct. 1, up 1.8% year on year, the Indian Sugar Mills
Association said on Friday.
Germany's Lufthansa said on Friday it had returned to a "clearly positive result" in 2022 despite high cost inflation and fuel prices, boosted by a strong increase in demand for air travel following the loss-making years of the pandemic.
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