Ghana's Cocobod will use part of a $200 million World Bank loan to rehabilitate plantations destroyed by the cocoa swollen shoot virus, which causes drops in yields and kills trees, the regulator's deputy CEO in charge of operations said on Thursday.
London Fashion Week kicked off on Friday with Irish designer Paul Costelloe championing classic looks and Turkish-born Bora Aksu taking inspiration from sculptor Eva Hesse as the showcase event celebrates its 40th birthday.
Chicago wheat futures extended losses on Friday to a 2-1/2 month low while corn and soybeans consolidated near three-year lows, after official forecasts of higher U.S. grain stocks next season added to supply pressure.
Malaysian palm oil futures fell on Friday, ending the week with nearly 2% losses as mounting concerns over exports of the tropical oil from the second-biggest exporter, Malaysia, prompted traders to ignore lower stocks.
The U.S. oil industry saw nearly $200 billion in upstream deals last year, but the refining sector missed out despite plenty of willing sellers as the energy transition away from fossil fuels accelerates and casts doubt over the long-term value of aging U.S. refineries
EU competition regulators on Friday ordered Romania to recover 33.84 million euros ($36.4 million) in illegal state aid given to struggling Romanian airline Blue Air because its overhaul plan would not be able to restore its long-term viability.
Indian budget carrier SpiceJet Managing Director Ajay Singh, in his personal capacity, and Busy Bee Airways have jointly submitted a bid for bankrupt Go First airline, SpiceJet said on Friday.
London Fashion Week kicked off on Friday with Irish designer Paul Costelloe championing classic looks and bringing a little bit of nostalgia to the catwalk as the showcase event celebrates its 40th birthday.
Lack of snow in the Alps this winter is encouraging tourists to hit the slopes in Scandinavia instead, according to the CEO of budget carrier Norwegian Air.
Hiromichi Akiba is stocking his Tokyo supermarket with more chicken because customers who used to buy beef are switching to cheaper meat as rising prices put a squeeze on their spending, his business and Japan's economy.
Indian farmers demanding higher prices for their crops said they had paused their protest march to New Delhi on Friday until their unions hold another round of talks with government ministers on Sunday.
The state of French soft wheat crops remained at their worst in four years last week after a rain-disrupted sowing campaign, data from farm office FranceAgriMer showed on Friday.
Atul Jhunjhunwala, an exporter in the Indian eastern city of Kolkata, is tearing his hair out, having just lost another order due to the Red Sea crisis that has jacked up his shipping costs and times.
Malaysian palm oil futures rose on Friday on an increase in soyoil and the transition of May contract to the benchmark, narrowing the discount to the April contract, although weak exports capped the upside.
Australian wine makers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs on Australian wine and revive a trade worth hundreds of millions of dollars, according to industry figures and trade data.
Copper prices rose to a one-week high on Friday as weaker-than-expected U.S. retail sales data revived hopes for a June rate cut from the Federal Reserve and lifted risk appetite among investors.
Chicago wheat futures dropped on Friday and headed for their biggest weekly fall since last September after the U.S. government forecast larger-than-expected inventories as exporters struggle to compete with cheap Russian grain.
Sportswear giant Nike plans to reduce its workforce by about 2%, or more than 1,600 jobs, in a cost-cutting move, the Wall Street Journal reported on Thursday.
Reuters
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