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A United Nations scheme for the global airline industry to offset emissions with carbon credits may undercut Europe's climate goals, a newly-surfaced study says.

Gol Linhas Aereas Inteligentes on Thursday said it was revising downward its outlook for early 2021, suggesting the pandemic's second wave in Brazil is having significant negative impact on the air travel market.

South Africa has set up a 5 billion rand ($340 million) fund to help Black farmers gain access to capital and boost their role in commercial agriculture, state-owned Industrial Development Corporation (IDC) and the government said on Thursday.

Canada's tiny Flair Airlines, which made headlines by handing Boeing a crucial order for 737 MAX jets last week, is forging growth plans inspired by the austerity that transformed Hungary's Wizz Air into one of Europe's largest carriers.

Air China will buy 18 Airbus A320neo jets from AFS Investments Inc, a subsidiary of aircraft lessor GECAS, the airline said on Thursday, in a boost to Airbus as it competes with Boeing for Chinese market share.

Young "Dreamer" immigrants living illegally in the United States would be placed on a path to citizenship under a bill to be voted upon in the House of Representatives on Thursday, as Democrats try to reverse former President Donald Trump's hard-line immigration policies.

Norwegian Air's shareholders voted in favour of the company's debt restructuring plan on Thursday, business news website E24 reported.

British Airways-owner IAG said it planned to raise about 1 billion euros ($1.20 billion) through a bond issue, strengthening its finances to help it survive the pandemic in case the travel downturn lasts longer than expected.

Shares in Vodafone's Vantage Towers rose on Thursday in Germany's largest stock market debut in three years, benefiting from strong investor appetite for infrastructure assets with stable returns.

British Airways-owner IAG said it planned to raise about 1 billion euros ($1.20 billion) through a bond issue, further strengthening its finances to help it survive the pandemic should the travel downturn go on longer than expected.

Aircraft mechanic Don Yip is one of many thousands leaving Hong Kong after the imposition of a new security law last year and 2019's pro-democracy protests. Unlike many others, he won't leave without his pets.

Shares in Vodafone's Vantage Towers unit rose in Germany's largest debut in three years, benefiting from strong investor appetite for stable-return infrastructure assets.

Fed chief Jerome Powell's unambiguously dovish stance lifted Wall Street to record highs on Wednesday, pushed the VIX "fear gauge" to new 13-month lows and weakened the dollar. But the picture looks slightly different this morning.

China's agriculture ministry has launched a campaign to lower the content of corn and soymeal in animal feed, according to a document issued this week, which could have repercussions for the global grain trade.

Japanese trading house Mitsubishi Corp said on Thursday it has agreed to buy a 30% stake in the Aurukun bauxite project in Australia from mining giant Glencore Plc for an undisclosed sum.

Japanese trading house Mitsubishi Corp said on Thursday it has agreed to buy a 30% stake in the Aurukun bauxite project in Australia from mining giant Glencore Plc for an undisclosed sum.

With many high-earning employees not expected back in the office full-time, the 'home nesting' that became a feature of the pandemic is set to continue - leading to sustained higher spending on home offices, gym equipment and renovations, a new report by McKinsey has found.

Japanese shares jumped on Thursday, tracking Wall Street's record highs, after the U.S. Federal Reserve projected a rapid jump in economic growth and pledged to keep interest rates low.

Israel's government announced on Wednesday a long-awaited bailout of its airlines to help them weather the coronavirus crisis and maintain operations in the midst of a year-long halt to international travel.

The U.S. government warned it could limit flights by Hong Kong-based carriers that got a leg up on U.S. rivals after the Asian financial hub imposed quarantine rules that forced U.S. cargo carrier FedEx Corp to move some crews to San Francisco.