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The United Kingdom is planning to cut tariffs on U.S. agricultural imports to advance progress on a free trade agreement, the Financial Times reported on Thursday.

Brazilian state development bank BNDES on Wednesday proposed a rescue package worth 4 billion reais ($680 million) for the nation's airlines, less than half the amount initially anticipated, sources with knowledge of the matter said.

China needs more active fiscal policy as pressure on its economy is still increasing, according to an article by Finance Minister Liu Kun published in the official People's Daily on Thursday.

China is allocating more low-tariff import quotas for corn this year and may expand its use of wheat quotas as it seeks to step up farm purchases from the United States and meet a pledge to comply with global trade rules, according to three sources.

Australia's GrainCorp on Thursday flagged plans for higher grain exports in the second half of the year as widespread rainfall helped the bulk grain handler boost harvests and return to a profit for the first-half.

Brazilian state development bank BNDES on Wednesday offered airlines a 4 billion reais ($680 million) rescue package, less than half of what was initially anticipated, a source with knowledge of the matter said.

A United Airlines Holdings Inc non-union employee filed a class action lawsuit on Wednesday alleging that a requirement that management and administration employees take 20 unpaid days off breaches the terms of federal payroll aid.

Australia's GrainCorp Ltd said on Thursday higher rainfall boosted the bulk grain handler's output, helping it post a first-half profit in its first results after the demerger of its malting division.

Administrators at state-owned South African Airways (SAA) will not sell assets for an interim period without involving the government, a memorandum signed by one of the administrators and the public enterprises ministry showed.

Brazilian airline Azul SA said on Wednesday it had agreed with planemaker Embraer SA to delay the delivery of 59 E2 jets, with a list price of 24.5 billion reais ($4.16 billion), to 2024 or later.

In trading on Wednesday, shares of Sibanye Stillwater Ltd (Symbol: SBSW) crossed below their 200 day moving average of $7.43, changing hands as low as $7.07 per share. Sibanye Stillwater Ltd shares are currently trading off about 2.3% on the day. The chart below shows the on

Airbus is drawing up plans for a restructuring involving the possibility of "deep" job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands of workers, industry sources said.

More Mexican steaks and other beef cuts are headed north of the border after the coronavirus outbreak has hobbled U.S. meat processing plants, potentially offsetting fears of shortages affecting businesses from fast-food chains to grocery stores but angering American ranchers.

Global grains trader Archer Daniels Midland Co remains optimistic that China will meet its Phase 1 trade deal farm product purchase commitments despite the slow pace of buying so far and recent criticism of China by U.S. President Donald Trump.

Airbus is drawing up plans for restructuring involving "deep" job cuts, but has not taken a final decision, industry sources said.

Grains flow improved on Argentina's Parana River after debris from a landslide slowed cargo ships over the weekend, the local ports chamber said on Wednesday, while lower-than-normal water levels continued to put downward pressure on traffic rates.

South Africa's National Treasury on Wednesday said it would aim table a new budget on June 24 to ratify plans for a 500 billion rand ($27 billion) stimulus package aimed at easing the economic impact of the coronavirus outbreak.

Brazil airline Gol Linhas Aereas Inteligentes said on Wednesday it will receive 2.4 billion reais ($412 million) from Boeing Co as compensation for the grounding of the 737 MAX plane.

El Al Israel Airlines called on Israeli Prime Minister Benjamin Netanyahu to rescue it on Wednesday, rejecting what it said were impossible conditions for state-backed loans.

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