Malaysian palm oil futures rebounded on Thursday, posting their biggest gain in nearly three weeks, as rival vegetable oils in Dalian and Chicago strengthened and a weaker ringgit supported the market.
Thai rice export prices dropped this week to their lowest levels in more than one month due to a softer baht and demand, while Indian rates held firm near their highest in about two years on strong buying.
The websites of at least three German airports were disrupted on Thursday, a day after a major IT failure at Lufthansa left thousands of passengers stranded at Frankfurt airport.
China will likely plant less than 1% of its corn fields with genetically modified varieties this year, said two people familiar with the plans, dashing hopes for a full market launch of the technology in the world's second-largest corn market.
Global miner Rio Tinto and Japanese trading house Marubeni Corp said on Thursday they had agreed to conduct a first sale of a high purity aluminium to a customer in Japan.
China's state stockpiler
Sinograin will buy 10,875 tonnes of domestic soybeans from the
2022 crop on Feb. 17, according to a notice on the company's
official Wechat account.
India's Akasa Air will place a "substantially" large order for new narrowbody jets this year, as the start-up budget airline looks to capitalise on booming demand at home and begin international flights, its chief executive told Reuters.
Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 76,203 tonnes of food-quality wheat from the United States, Canada and Australia in a regular tender that closed on Thursday.
Air India has options and purchase rights to buy 370 more aircraft from Airbus and Boeing over the next decade, an company executive said in a recent LinkedIn post, days after the carrier unveiled a record order for 470 jets.
Pernod Ricard on Thursday forecast its annual sales growth to remain dynamic after the company posted forecast-beating first-half profit and sales, helped by price hikes in the Chinese and the U.S. markets.
Spanish grid operator Enagas has canceled the acquisition of a 20% stake in the BBL gas pipeline from German power utility Uniper, it told market regulator CNMV.
Deutsche Telekom on Thursday said its technicians had fixed the disturbance in Frankfurt that led to a IT failure across the entire Lufthansa group, stranding thousands of passengers at the German city's airport on Wednesday.
Australian mining services provider Perenti Ltd said on Thursday that two missing mine workers had been found dead after falling down a hole at MMG Ltd's zinc mine in Queensland state.
Ben Ainslie has landed Emirates airline as title sponsor for his Great Britain SailGP Team, a partnership he hopes will set it on a course to triumph in sailing's answer to Formula One.
Pernod Ricard said on Thursday it was confident sales growth would remain dynamic and broad-based albeit in a normalising environment for the 2023 fiscal year after it delivered forecast-beating first-half profit and sales, helped by price increases in the key Chinese and U.S. markets.
Norwegian Air reported a net loss in the fourth quarter on Thursday, citing high fuel costs and a strong U.S. dollar, but reiterated it saw strong demand in the period ahead.
Copper prices in London rebounded from a five-week low on Thursday as hopes for a demand recovery in top consumer China offset negative effect from a stronger dollar.
India's January gold imports plunged 76% from a year earlier to a 32-month low on subdued demand after domestic prices rallied to record highs and as jewellers postponed purchases, hoping for a reduction in import duty, a government source said.
Malaysian palm oil futures rebounded on Thursday, set for their biggest daily gain in more than a week, as rival vegetable oils in Dalian and Chicago strengthened and a weaker ringgit supported the market.
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