Nasdaq Commodities

In trading on Wednesday, shares of United States Steel Corp. (Symbol: X) entered into oversold territory, changing hands as low as $5.95 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure

India's biggest airline IndiGo expects its Jan-March earnings to be materially impacted due to a sharp decline in daily bookings because of the outbreak of coronavirus, the company said in a statement on Wednesday.

Democrats in the U.S. House of Representatives on Wednesday unveiled a broad package of proposals to help Americans affected by the coronavirus outbreak, while officials suspended public tours through the Capitol building.

European companies grappling with the impact of Coronavirus could soon qualify for multi-million-euro loans backed by the European Union and big banks in a scheme poised to get waved through in days, according to people familiar with the matter.

Boeing Co is planning a full drawdown of an existing $13.8 billion loan as early as Friday, as the U.S. based plane-maker struggles with worldwide travel disruptions from the coronavirus outbreak, a source told Reuters.

Beoing Co is planning a full drawdown of a $13.8 billion loan as early as Friday, as the U.S. based plane-maker struggles with worldwide travel disruptions from the coronavirus, Bloomberg reported on Wednesday, citing unnamed sources.

German minerals firm K+S said on Wednesday it would sell its salt business in North and South America to slash its debt pile and to focus on potash fertiliser products. Its shares were up 11.2% at 1350 GMT.

Canada is setting up a C$1 billion ($728 million) fund to help its provinces combat a worsening coronavirus outbreak and is prepared to spend more money if necessary, Prime Minister Justin Trudeau said on Wednesday.

The latest oil price crash, just four years after the last one that mobilized OPEC into acting together with other producers, has starkly highlighted an already existing problem.

Financial market conditions are not favourable at present for any privatisation of French airports operator ADP, French government spokeswoman Sibeth Ndiaye said on Wednesday.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

China will make targeted cuts in bank reserve requirement ratios (RRR) to boost lending support for small companies that have been hit hard by the coronavirus outbreak, the country's cabinet said on Wednesday.

German potash and salt miner K+S said on Wednesday it would put its salt business in North and South America up for sale to reduce debt. The planned sale of the salt unit is known for the Morton Salt brand.

Canada's main stock index futures fell on Wednesday as crude prices dropped sharply after Saudi Arabia said it plans to boost oil production capacity for the first time in more than a decade.

The Sustainability Accounting Standards Board, which hopes to standardize how companies report their environmental and social impact, said it has received a flood of new interest since investment giant BlackRock Inc touted it an open letter to CEOs this year.

As U.S. President Donald Trump touted the signing of a U.S.-China trade deal in January, he told cash-strapped farmers they would soon need bigger tractors and "a little more land" to meet additional Chinese demand for U.S. agricultural goods.

German sportswear makers Adidas and Puma warned on Wednesday of a major decline in sales in China due to the coronavirus and said while there were early signs of improvement there the impact had spread to other markets.

El Al Israel Airlines said on Wednesday the government's directive requiring anyone entering Israel from abroad to remain 14 days in quarantine will have a significant adverse effect on the company.

Malaysia has set itself a target of a month within which to resolve its trade dispute with India over palm oil, the southeast Asian nation's new commodities minister said on Wednesday.

The global business travel sector is expected to take a revenue hit of about $820 billion, with China accounting for nearly half of the losses, as corporates curb travel plans in the wake of the coronavirus epidemic, an industry body said http://bit.ly/38HSMrG on Tuesday.