Nasdaq Commodities

Qatar Airways is in talks with banks for loans worth billions of dollars, three sources familiar with the matter said, as the state-owned airline readies to begin rebuilding its network that has been crushed by the coronavirus pandemic.

European shares rose on Thursday as a surprise rise in China's exports overshadowed another set of grim results and a warning from Air France-KLM that demand could take "several years" to recover.

Stronger than-expected Chinese export numbers might boost speculation that the Asian giant's economy can recover quickly and come to the aid of global growth. But markets gave the figures only a cautious welcome, focusing perhaps on the double-digit fall in imports as a reflection of collapsing demand.

Marubeni Corp said on Thursday it expects a net profit of 100 billion yen ($942 million) in the financial year through next March, a turnaround from a record loss of 197.5 billion yen posted this year due to the coronavirus crisis and a slump in oil prices.

China will ensure foreign firms have equal access to government support policies, including those on land and tax cuts, the commerce ministry said on Thursday.

The CEO of British Airways-owner IAG said on Thursday the process for it to acquire Spanish airline Air Europa was ongoing, although he noted that the agreement between the pair did contain a price adjustment mechanism.

British Airways-owner IAG said that chief executive Willie Walsh would stay on until September to steer it through the coronavirus crisis, and that it was planning for flights to return to service in July.

Norwegian Air has secured vital funding from shareholders as it battles to survive the novel coronavirus pandemic that drove down April passenger volumes by 98.7%, the budget carrier said on Thursday.

Planemakers Airbus and Boeing have asked Air France to delay taking some wide-body jets after a manufacturing slowdown caused by the coronavirus crisis, the head of parent Air France-KLM told Reuters.

From Kazakhstan to the North Sea and the United States, physical crude has jumped in value in recent days but the rally will likely be tactical and short-lived rather than signalling a proper recovery, according to traders and analysts.

Marubeni Corp said on Thursday it expects a net profit of 100 billion yen ($942 million) in the financial year through March, a turnaround from a loss of 197.5 billion yen posted this year due to the coronavirus crisis and a slump in oil prices.

Smithfield Foods Inc [SFII.UL] will restart its plant in Sioux Falls, South Dakota from May 7 after being idled for more than three weeks due to the coronavirus outbreak, the world's biggest pork processor said late on Wednesday.

Canadian fertilizer maker Nutrien Ltd said on Wednesday it has seen limited impact from the coronavirus outbreak, but cut its annual forecast as oil downturn hit corn demand and potash prices are hard-pressed outside North America.

Canadian fertilizer maker Nutrien Ltd said on Wednesday it has seen limited impact from the coronavirus outbreak, but cut its annual forecast as oil downturn hit corn demand.

At least two Brazilian airlines and planemaker Embraer SA have hired investment banks to help with talks with state development bank BNDES for government support, sources with knowledge of the matter said.

Spirit Airlines Inc on Wednesday posted a quarterly loss and said it was in discussions with Airbus SE to defer 2020 and 2021 jet deliveries and related pre-delivery payments in an effort to reduce its aircraft capital spending by $185 million.

United Airlines is putting up almost half of its mainline fleet of aircraft as collateral for a US$2.25bn high-yield secured bond offering as it tries to weather the evaporation of travel demand.

The U.S. Defense Department on Wednesday blasted a decision by the Federal Communications Commission last month to allow Ligado Networks to deploy a low-power nationwide mobile broadband network, saying it could pose severe risks to global positioning systems crucial to military operations.

U.S. airports will need at least another $10 billion in government assistance as they face mounting losses from the near-collapse of air travel due to the coronavirus pandemic, a major airport group told a U.S. Senate committee Wednesday.

U.S. airports will need at least another $10 billion in government assistance as they face mounting losses from the near-collapse of air travel due to the coronavirus pandemic, a major airport group told a U.S. Senate committee Wednesday.