The European Union on Friday urged Ivory Coast to prepare for stricter cocoa laws the body hopes to ratify later this year which aim to protect forests, curb child labour and end farmer poverty.
United Airlines has offered employees fresh deals with pay and health benefits to leave the company, according to a memo seen by Reuters, part of a drive to reduce headcount and cut costs as it awaits a rebound in pandemic-hit travel demand.
Shareholders of the Chilean miner SQM voted on Friday to OK a plan to raise $1.1 billion through the sale of common stock to help underwrite an ambitious expansion of its lithium, nitrate and iodine operations, a company spokesperson said.
United Airlines has offered employees fresh deals with pay and health benefits to leave the company or retire, according to a memo seen by Reuters, part of a drive to reduce headcount and cut costs as it awaits a rebound in pandemic-hit travel demand.
Indian farmers on Friday rejected an offer by the government to defer three farm reform laws for one-and-half years, warning they would step up protests as they seek a repeal of the laws and a guarantee on minimum crop prices.
Copper fell on Friday alongside stock markets and oil prices as poor economic data and new coronavirus restrictions in China, the world's biggest raw materials consumer, weakened the outlook for economic growth and demand.
U.S. grain and oilseed producers cheered when the United States signed the Phase 1 trade deal with China a year ago, as it suggested one of their most crucial customers would be back in the American market in a bigger way than ever before.
Deliveries of Franco-Italian ATR turboprop planes tumbled into single figures in 2020 as regional airlines bore the brunt of the coronavirus crisis, industry sources said.
The Irish High Court said on Friday it had granted an extension to Norwegian Air's creditor protection, as requested by the examiner overseeing the process.
Cocoa exporters in the world's top grower Ivory Coast are switching to cheaper contracts for later delivery and buying less to cut inventories amid a glut, blaming a scheme to charge a $400-per-tonne cocoa premium to curb farmer poverty.
The Irish Hich Court said on Friday it had granted an extension to Norwegian Air's creditor protection, as requested by the examiner overseeing the process.
The American Farm Bureau Federation, an agricultural trade group, says confidence is fading in the U.S. Department of Agriculture's most market-sensitive crop reports, and the government should respond by modernizing its technology and improving transparency.
Britain's John Lewis Partnership lifted its annual profit forecast, saying trading held up better than it expected during the Christmas period, indicating the strength of its Waitrose supermarket chain and online offering during lockdowns.
The independent directors of Malaysian palm oil giant FGV Holdings urged investors on Friday to reject a takeover bid by top shareholder Felda, saying its offer price was unfair, though an external adviser called it reasonable.
South Africa's Mr Price on Friday posted a 5.8% rise in third-quarter retail sales, supported by COVID-19 relief packages and demand for household items as people worked from home during the health crisis.
Taiwan's Globalwafers raised its takeover offer for Germany's Siltronic to 4.2 billion euros ($5.1 billion) on Friday as it seeks to win over more shareholders in its bid to create a leading player in the global wafer industry.
Taiwan is under no illusions it can quickly sign a long hoped for free trade deal with the United States but feels when the time is right "success will flow naturally", the island's chief trade negotiator said on Friday.
Copper prices declined on Friday, hit by demand concerns over growing numbers of coronavirus cases in top user China ahead of the traditionally slow Lunar New Year holiday season next month.
Copper prices are likely to rise further after pushing above $8,000 a tonne this month, supported by China's strong economy and government stimulus efforts after the COVID-19 pandemic, the head of Hong Kong-listed MMG Ltd said on Friday.
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