Bayer may have to ask shareholders for fresh capital to shore up its finances even after the debt-laden German drugmaker slashed dividends last week in its latest effort to get wiggle room, analysts said.
Malaysian palm oil futures closed up on Thursday, tracking strength in rival oils, while the market is waiting for leads from a major industry conference due to be held in Kuala Lumpur next week.
India's basmati rice exports are likely to fall in 2024 after nearing a record high last year, as rival Pakistan is offering the grain at competitive prices amid a rebound in production, industry officials said.
Indonesia's food procurement company Bulog is optimistic rice prices will be under control ahead of the Islamic fasting month of Ramadan that starts in the second week of March as harvests improve supplies, its chief executive said on Thursday.
Birkenstock beat market expectations for first-quarter revenue on Thursday, as the German sandal maker gained from the full-price selling of its footwear and rising U.S. demand for more casual cork-based shoes.
El Al Israel Airlines said its fourth-quarter profit was partly boosted by bringing military reservists home and rivals cancelling flights to Tel Aviv due to the war in Gaza.
The lowest price offered in the international tender from Indonesian state purchasing agency Bulog to buy about 300,000 metric tons of rice was estimated at $655 a ton cost and freight (c&f) for rice sourced from Thailand, European traders said on Thursday.
British Airways owner IAG and Air France-KLM on Thursday gave a positive outlook for 2024 on the back of sustained travel demand, but the Franco-Dutch carrier's year-end troubles highlighted some of the challenges the sector faces.
Global aluminium producers have offered Japanese buyers premiums of $145-$155 per metric ton for April-June primary metal shipments, up 61%-72% from the current quarter, three sources directly involved in quarterly pricing talks said on Thursday.
Prices for futures of arabica and robusta coffees at the ICE exchange are expected to end 2024 below current levels, as well as lower than where they ended last year, a Reuters poll of 10 traders and analysts showed on Thursday.
The lowest price offered in the international tender from Indonesian state purchasing agency BULOG buy about 300,000 metric tons of rice was estimated at $655 a ton cost and freight (c&f) for rice sourced from Thailand, European traders said on Thursday.
Indonesia's food procurement company Bulog has secured commitments of 1.2 million metric tons of rice for imports, its chief executive Bayu Krisnamurthi said at a seminar on Thursday.
Russia is not interested in renewing the Black Sea grain deal and has its own grain export capabilities, the TASS news agency cited Russian Agriculture Minister Dmitry Patrushev as saying on Thursday.
Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) is looking to buy a total of 78,974 metric tons of food-quality wheat from the U.S. and Canada in a regular tender that will close on Friday.
Indonesia's Sumatra robusta coffee bean exports in January reached 3,192.28 metric tons, data from local trade office showed on Thursday, down 79% from the same month last year.
A Nigerian designer is making waves in fashion with a gender-fluid clothing line, which he says is intended to challenge the notion that non-binary dressing is a Western concept and to defy societal norms in a country where LGBT rights are restricted.
British Airways owner IAG more than doubled full-year operating profit in line with expectations and gave a positive outlook for 2024 on the back of sustained travel demand.
British Airways owner IAG said on Thursday it had more than doubled its operating profit last year and gave a positive outlook for 2024 on the back of sustained travel demand.