Australia's Qantas Airways said on Thursday its domestic capacity would hit 90% of pre-COVID levels in the fourth quarter, driven by strong leisure demand and a recovery in corporate business travel.
Virgin Australia, the country's No. 2 airline, said on Thursday that 10 leased Boeing Co 737 planes would return to its fleet as part of plans that would see it reach more than 80% of pre-pandemic domestic capacity by mid-June.
Brazil apparel retailer Cia Hering rejected an unsolicited tie-up offer from competitor Arezzo Industria e Comercio SA, it said in a Wednesday securities filing.
The U.S. Department of Agriculture's statistics division is conducting a "deep dive" review of how it conducts its quarterly U.S. grain stocks reports, an official said during an online conference on Wednesday.
Brazil apparel retailer Cia Hering said on Wednesday it received and rejected an unsolicited tie-up offer from competitor Arezzo Industria e Comercio SA.
American Eagle Outfitters Inc on Wednesday forecast first-quarter revenue of more than $1 billion as strong demand helped the apparel retailer sell more products of its eponymous and Aerie labels at full price.
Major global stock indexes scaled new peaks on Wednesday before shedding gains that anticipated a strong recovery from the coronavirus pandemic, while the dollar dipped to three-week lows as Treasury yields held below recent highs.
Raw sugar futures on ICE hit a three-week high on Wednesday amid upbeat sentiment in the wider financial markets after data showed that U.S. inflation is not rising as fast as feared as the economy reopens. [MKTS/GLOB]
U.S. wheat, corn and soybean futures rallied on Wednesday, supported by concerns that a cold snap in the U.S. Midwest and Plains could hamper crop development, traders said.
More than 100 U.S. companies including Apple Inc, Amazon.com Inc, Ford Motor Co and Starbucks Corp have declared their opposition to voting curbs that a number of states are considering implementing.
Miller Lite beer-maker Molson Coors Beverage Co's cannabis joint venture Truss Beverage Co on Wednesday launched six pot-infused beverages in Canada, as it hopes that summer demand will offset recent sales hits from COVID-19 lockdowns.
The U.S. Justice Department has stepped up an antitrust probe of American Airlines' partnership with JetBlue Airways on concerns the deal can lead to inflated fares at key traffic hubs, the Wall Street Journal reported on Wednesday.
Boeing said on Wednesday its clients continue to have enough funds to finance aircraft purchases, as the roll-out of COVID-19 vaccinations spurs a recovery in air travel after the pandemic pushed the sector to the brink of collapse last year.
Retiring Cuban Communist Party leader Raul Castro promised a decade ago he would transform the Soviet-style command economy into a more mixed and market-driven one "without haste and without pause."
A bid by agricultural commodities trader Bunge to extend its dominant role at a strategic Brazilian port's public terminal for two years has been blocked by a temporary court decision, according to documents seen by Reuters.
Apple Inc, Amazon.com Inc, Ford Motor Co and Starbucks Corp are among the more than 100 companies that have come together to oppose U.S. state voting curbs that activist groups say unfairly target Black and other racial minorities.
Cuba announced that it was loosening a decades-old ban on the slaughter of cattle and sale of beef and dairy as part of agricultural reforms as the Communist-run country battles with food shortages.
Colombia hopes to boost its banana exports by 10% this year, which would bring in $1 billion in income for the world's fifth-largest producer of the fruit, an industry official said on Wednesday.
Botswana has banned the importation of poultry and poultry products from South Africa after an outbreak of avian influenza was detected on a chicken farm in South Africa, the agriculture ministry said on Wednesday.
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