Transat's shares slumped more than 22% on Monday after Air Canada scrapped its C$188.7 million ($150.83 million) buyout deal for the tour operator due to antitrust hurdles in Europe.
President Joe Biden on Monday defended his proposal to increase corporate taxes to help pay for a big boost in U.S. infrastructure spending, saying he is not at all worried the tax hike would harm the economy.
Crews were working around the clock on Monday to prevent the collapse of a waste water reservoir's leaky containment wall near Tampa Bay, Florida, making steady progress after officials warned of an imminent threat of flooding over the weekend.
Sri Lanka on Monday banned imports of palm oil and new palm plantations, and told producers to uproot existing plantations in a phased manner, in a surprise move that baffled the edible oil industry.
The board of Air France-KLM was meeting on Monday to approve new French government-backed refinancing measures designed to see the airline group through the COVID-19 crisis, sources close to the situation said.
In trading on Monday, shares of Fortuna Silver Mines Inc (Symbol: FSM) crossed above their 200 day moving average of $6.82, changing hands as high as $6.87 per share. Fortuna Silver Mines Inc shares are currently trading up about 1.8% on the day. The chart below shows the one
Ukraine's annual inflation probably hit a 1.5-year high of 8% in March, exceeding the central bank's forecast of 7.6%, a monthly Reuters poll of Ukrainian analysts showed on Monday.
Japan's Kobe Steel on Monday lifted its annual net profit forecast for the year just ended to 7 billion yen ($63 million) from nil, as the yen's drop helped boost machinery exports and an electricity crunch in winter raised its power sales.
British Prime Minister Boris Johnson said on Monday everyone in England will be able to take a COVID-19 test twice a week in a new drive to track the pandemic as society reopens and the vaccine rollout continues at its rapid rate.
British Prime Minister Boris Johnson will set out plans to reopen the economy and eventually relaunch international travel on Monday when he updates the coronavirus roadmap, aided by one of the fastest vaccine rollouts in the world.
Struggling tour operator Air Transat is in talks with the federal government on aid but may not reach a deal by an April debt deadline, a source close to the situation said, putting pressure on Quebec to ride to the rescue of another troubled aerospace brand in the province.
U.S. President Joe Biden would be willing to push through his $2 trillion infrastructure plan without the support of Republican lawmakers if he cannot reach a bipartisan deal, Energy Secretary Jennifer Granholm said on Sunday.
The French government has reached the outline of a deal with the European Commission on a state-backed refinancing package to help strengthen Air France-KLM's balance sheet, Finance Minister Bruno Le Maire said on Sunday.
Hong Kong has barred until mid-April incoming passenger flights from Singapore operated by Singapore Airlines, after an arriving passenger tested positive for COVID-19 infection.
The board of Air France-KLM is expected to meet on Monday to discuss a state-backed refinancing plan designed to strengthen its balance sheet after a year of coronavirus shutdowns, two sources familiar with the matter said on Friday.
The board of Air France-KLM is expected to meet on Monday to discuss a state-backed refinancing plan to strengthen its balance sheet after a year of coronavirus shutdowns, two sources familiar with the matter said on Friday.
Air Canada and Transat AT Inc said on Friday they have mutually agreed to terminate the proposed acquisition of Transat by Air Canada, after being advised by European Commission that it would not approve the deal.