A Brazilian labor union has accused JBS SA of submitting dozens of workers to "degrading conditions," according to a class action suit filed against the world's biggest meatpacker and its suppliers this week.
Indonesia is planning to launch much-anticipated initial public offerings (IPOs) for its state palm oil planter and upstream oil and gas company in coming months, a deputy cabinet minister said on Friday.
Copper prices eased on Friday after two days of strong gains due to worries that expectations for a halt to interest rate hikes may be premature and the lack of more stimulus in top metals consumer China.
Raw sugar futures on ICE were slightly higher on Friday although on track for a weekly loss with the focus partly on the expiry of the August whites contract.
Malaysian palm oil futures ended with a modest recovery on Friday and logged a third consecutive weekly gain as the strength in rival edible oils countered a firmer yen.
Monthly sales of marine fuel, also known as bunker fuel, fell to four-month lows in Singapore in June, though bio-blended bunker sales for the first half of 2023 have surpassed 2022 volumes, official data showed on Friday.
Air France-KLM said on Friday it had signed a definitive agreement with private equity firm Apollo Global Management for a 500 million euro ($561 million) capital injection for one of its engineering and maintenance units.
Aluminium and zinc prices in London were heading for their biggest weekly gain since January, as a weaker dollar made greenback-priced metals cheaper to holders of other currencies.
Malaysian palm oil futures made a modest recovery on Friday, and were set for a third consecutive weekly gain, as the strength in rival edible oils countered a firmer ringgit.
British luxury fashion brand Burberry on Friday reported an 18% rise in its first-quarter comparable store sales, in line with market expectations thank to continued recovery in China.
Indonesia's June trade surplus is seen tripling from the previous month amid an expected drop in imports, despite a forecast of deep contraction in exports, a Reuters poll showed on Friday.
Italy's luxury fashion groups, which for decades jealously guarded their independence, have started teaming up to protect their supply chains and the Italian roots of smaller companies, showing a new spirit of collaboration.
Hong Kong's Cathay Pacific Airways on Friday said it expects to record half-year profit attributable up to HK$4.5 billion ($575.85 million) compared with a loss of HK$5.0 billion last year.
Hong Kong's Cathay Pacific Airways on Friday said it expects to record half-year profit
attributable of up to HK$4.5 billion ($575.85 million) compared
with a loss of HK$5.0 billion last year.
($1 = 7.8146 Hong Kong dollars)
(Reporting by Sameer Manekar in Bengaluru; Editing by Nivedita
Bhattacharjee)
((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))
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Prices of aluminium and zinc were heading for their biggest weekly gain since January, as a weaker dollar made greenback-priced metals cheaper to holders of other currencies.
Chicago soybean futures gained more ground on Friday with the market poised for its biggest weekly gain in a month on concerns over U.S. weather and strong Chinese demand.
Malaysian palm oil futures rose more than 1% on Friday, and were set for a third consecutive weekly gain, as the strength in rival edible oils prevailed over a skyrocketing ringgit.
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