The London Metal Exchange (LME) is studying Hong Kong as a location to expand its global metal warehouse network, five sources with knowledge of the matter said, hopeful success there might open the door to mainland China, its ultimate target.
A U.S. bankruptcy judge on Monday allowed Brazilian airline Gol to borrow the first $350 million of its proposed bankruptcy financing, which a company attorney said was "desperately" needed to maintain normal operations.
U.S. soybean futures fell to two-year lows below $12 a bushel on Monday, pressured by improving prospects for large South American harvests and worries about demand as top global soy buyer China struggles with a real estate crisis, analysts said.
American Airlines was sued on Monday in a proposed class action by two customers who said the carrier stripped them of 1.1 million frequent flier miles after they doubled up on credit cards offering mileage bonuses.
Canadian apparel maker Gildan Activewear said on Monday it would hold an annual and special shareholder meeting on May 28 amid investor pressure to replace a majority of its board members and reinstate Glen Chamandy as CEO.
POET LLC, the world's largest ethanol producer, on Monday said it will partner with Summit Carbon Solutions to capture carbon dioxide emissions at 17 of POET's U.S. Midwest ethanol plants as part of Summit's multi-state pipeline project.
The PGA Tour, which organizes professional golf tournaments primarily in North America, is close to finalizing an investment from a U.S. consortium, Bloomberg News reported on Monday citing people familiar with the matter.
Brazilian airline Gol won provisional approval from a court in New York to access the first part of a $950 million financing deal agreed with bondholders of its parent company, the carrier said on Monday.
Pandora, the world's largest jeweller by amount of products sold, has stopped using mined silver and gold and now only manufactures with recycled precious metals, which require less energy to produce.
U.S. soybean futures fell to two-year lows below $12 a bushel on Monday, pressured by improving prospects for large South American harvests and worries about demand as top global soy buyer China struggles with a real estate crisis, analysts said.
The European Commission on Monday raised its forecast for European Union stocks of common wheat, or soft wheat, at the end of the 2023/24 season as upward revisions to harvest production and imports boosted supply.
When Boeing CEO Dave Calhoun delivers the fourth-quarter results on Wednesday, he will be doing it while the planemaker is in the middle of its biggest safety crisis since the two fatal 737 MAX crashes in 2018 and 2019.
When Boeing CEO Dave Calhoun delivers the company's fourth-quarter results on Wednesday, he will be doing it while the planemaker is in the middle of its biggest safety crisis since the two fatal 737 MAX crashes in 2018 and 2019.
Poor rains and the return of the seasonal Harmattan wind in most of Ivory Coast's cocoa growing regions threaten the development of the April-to-September mid-crop, farmers said on Monday.
Ireland-based SMBC Aviation Capital and Canada's CDPQ will create a $1.5 billion aircraft financing and leasing firm, the companies said on Monday, to tap into red-hot demand for commercial aircraft.
Canadian apparel maker Gildan Activewear said on Monday it would hold an annual and special shareholder meeting on May 28 amid investor pressure to replace a majority of its board members and reinstate Glen Chamandy as CEO.
Reuters
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