Nasdaq Commodities

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

L Brands Inc said on Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as it focuses on its core Bath & Body Works brand.

L Brands Inc is selling a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as focuses on its core Bath & Body Works brand.

Brazilian airline Gol, Boeing Co's largest Latin America customer, said its profit almost halved to 352 million reais ($80.37 million) in the fourth quarter as its MAX fleet remained grounded after two deadly crashes.

Iranian health officials urged all religious gatherings to be suspended in Qom, news agency ISNA said on Thursday, after two more people tested positive for the coronavirus in the holy city, where two died of it this week.

Shares in affiliates of HNA Group surged on Thursday following a news report that China plans to take over the debt-laden conglomerate as the coronavirus outbreak has further hit its ability to meet financial obligations.

India has issued import licences for 1.1 million tonnes of refined palmolein from Indonesia, government and trade sources told Reuters, a move that has surprised the industry as only last month New Delhi restricted imports of the commodity.

Three patients have tested positive for the coronavirus in Iran, a health ministry spokesman said on Thursday.

Truworths International Ltd reported a marginal rise in first-half earnings on Thursday as the fashion retailer battles constrained spending in South Africa and Brexit-related uncertainties in the UK, two of its key markets.

South African department chain Woolworths reported a 17.7% drop in half-year earnings on Thursday, dragged down by disappointing womenswear and Black Friday sales.

Truworths International reported a marginal rise in first-half earnings on Thursday as the fashion retailer battles constrained spending in South Africa and Brexit related uncertainties in the UK, two of its key markets.

A day after Jeanhee Kim learned of a coronavirus case in her Singapore apartment block, she was visited by a distinguished-looking man she later learned was a senior government minister.

South African department chain Woolworths reported a 17.7% drop in half-year earnings on Thursday, dragged down by a number of product issues in womenswear and disappointing Black Friday sales.

Shares in affiliates of HNA Group surged on Thursday following a news report that China plans to take over the debt-laden conglomerate as the coronavirus outbreak has further hit its ability to meet financial obligations.

Colombia, the world's biggest producer of washed arabica coffee, launched a fund worth 218 billion pesos ($63.9 million) on Wednesday, aiming to stabilize coffee prices and shield farmers from volatile markets.

Blocked highways. Stranded workers. Dwindling supplies. Shipping and air freight companies also hamstrung.

China reported a dramatic drop in new coronavirus infections on Thursday although scientists warned the flu-like pathogen may spread even more easily than previously believed, while more passengers disembarked a quarantined cruise ship off Japan.

Mosaic Co expects fertilizer demand to bounce back this year after a delayed planting season as well as a prolonged trade war between the United States and China hurt volumes and prices for potash and phosphate in 2019.

Qantas Airways Ltd said on Thursday it would cut 15% of its capacity to Asia until at least the end of May due to the coronavirus outbreak after reporting flat half-year earnings in a weaker domestic aviation market.

Debt-laden HNA Group has restructured jet orders with Europe's Airbus in a compromise deal that includes an order for dozens of A330neo jets, two people familiar with the matter said, amid reports of a wider shake-up at the Chinese conglomerate.