Nasdaq Commodities

The collapse in oil prices to 21-year lows has led potential buyers of oil and gas fields to try and renegotiate deals already agreed at higher prices, with the first examples emerging of sellers having their hand forced.

Malaysia voiced its commitment to further strengthen diplomatic and trade ties with India, after the world's largest edible oil buyer renewed purchases of Malaysian palm oil, in a sign of improving relations between the two countries.

Retailer Canada Goose Holdings Inc said on Wednesday it has laid off 125 workers, about 2.5% of its global workforce, as part of steps to cope with the impact of COVID-19 on its business.

Canada Goose Holdings Inc has laid off about 250 workers, as the COVID-19 pandemic saps demand for the company's luxury parkas, the Wall Street Journal reported on Wednesday.

Airline Lufthansa said on Thursday it is in advanced talks with the German government's economic stabilisation fund over a rescue deal worth up to 9 billion euros ($9.9 billion), including the state taking a 20% stake in the company.

German zinc producer Metallwerk Dinslaken (MWD) has just announced it is closing.

Airline Lufthansa said on Thursday it is in advanced talks with the German government's economic stabilisation fund over a rescue deal worth up to 9 billion euros ($9.88 billion), including the state taking a 20% stake in the company.

Fonterra said on Thursday the coronavirus outbreak was "like nothing we've experienced before" even as the world's largest dairy exporter posted a near 59% jump in nine-month underlying operating profit due to agreed upon contracts.

L Brands Inc posted a bigger-than-expected quarterly loss on Wednesday, as its Victoria's Secret and Bath & Body Works stores remained shut during the period due to the cornavirus-induced lockdowns.

L Brands Inc reported a 37% slump in quarterly net sales on Wednesday, hit by weak demand for its Victoria's Secret lingerie brand amid the COVID-19 pandemic.

Colombia on Wednesday followed Argentina's footsteps and imposed one of the toughest travel bans in the world to fight coronavirus, saying no international passenger flights will be allowed until Aug. 31.

A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said.

The world's largest airliner, the Airbus A380, took a step closer to the aviation archives on Wednesday as Air France said it would permanently axe its grounded fleet and sources said Emirates was in talks to reduce remaining deliveries.

There will be no cap on the size of Canada's emergency loans to large companies harmed by the coronavirus pandemic but there will be multiple restrictions, including one that gives taxpayers a chance to share in the upside of the borrower's potential recovery, the government said on Wednesday.

The German government has agreed on final details of a rescue package for struggling airline carrier Lufthansa , Der Spiegel magazine reported on Wednesday.

The European Union's Brexit negotiator said on Wednesday that Britain was not automatically entitled to any benefits that the bloc had previously granted to other partners on trade.

Sports wear, sleep wear and bras are the new best sellers at Marks & Spencer, while suits and ties gather dust, as the coronavirus lockdown transforms shoppers' priorities, Britain's biggest clothing retailer said on Wednesday.

Administrators in charge of South Africa's Edcon believe there is a reasonable chance of saving the retailer after it filed for a form of bankruptcy protection in April.

Affirma Capital, run by former Standard Chartered bankers, has hired JP Morgan to advise on the sale of the private equity firm's minority stake in a Jordanian agricultural and food processing company, two sources told Reuters.

Canada's loans for large companies that need help during the coronavirus outbreak will have no upper limit but they will include restrictions aimed at helping taxpayers share in the upside of the borrower's potential recovery, the finance minister said on Wednesday.