LONDON (Reuters) -The London Metal Exchange (LME) was forced to halt nickel trading and cancel trades after prices doubled on Tuesday to more than $100,000 per tonne in a surge sources blamed on short covering by one of the world's top producers.

SYDNEY (Reuters) -Qantas Airways Ltd expects airfares will need to rise to cover the cost of higher fuel prices as its oil hedging contracts expire, its chief executive said on Tuesday.

Oatly Group AB is expected to forecast strong sales growth for 2022 when it reports results on Wednesday as health-conscious consumers consistently turn to the company's plant-based milk, a contrast to the demand slowdown seen by Beyond Meat.

TOKYO (Reuters) -Japanese airline ANA Holdings Inc plans to launch a new international low-cost carrier in late 2023 or early 2024, joining its rival Japan Airlines Co in a bet on a revival in tourism as the impact of the COVID pandemic fades.

Luxury carmaker Ferrari said on Tuesday it would suspend exports to Russia due to Moscow's invasion of Ukraine.

Shell stopped buying oil from Russia and said it would cut links to the country entirely on Tuesday, as Moscow’s economic isolation looked set to dramatically escalate with the United States expected to impose a ban on its oil imports.