AirAsia Group Bhd has raised $82 million from TPG Capital executives, Aimia Inc and others through a private share placement, the Malaysian budget airline said on Wednesday as it looks to ensure liquidity in 2021.
Australian wheat farmers are scouring the market for crop-planting machinery, fertiliser and other farm products, weeks out from the country's main wheat-planting window as suppliers struggle to keep pace with strong demand.
Trading in oil futures is now as heavy as it was in the first months of the COVID-19 crisis, according to market data and analysts, with oil bulls and bears rushing to hedge against jolts in the steady rise of prices.
Airlines with planes idled by the pandemic are cutting costs by delaying some maintenance tasks like changing life vests, testing oxygen bottles and checking emergency exits under COVID-19 waivers from airplane manufacturers and regulators.
AirAsia Group Bhd has raised $82 million in a private share placement in which it added TPG Capital executives and Aimia Inc to its board, the Malaysian budget airline said on Wednesday as it looks to ensure liquidity in 2021.
The U.S. Transportation Department (USDOT) warned it could limit flights by carriers based in Hong Kong after the Asian financial hub imposed quarantine rules that have impacted U.S. cargo carrier FedEx Corp.
Sun Country Airlines Holdings Inc, a low-cost carrier backed by private-equity firm Apollo Global Management Inc, sold shares in its initial public offering (IPO) on Tuesday at $24 apiece to raise about $218.2 million.
In a quiet, mainly residential district of Singapore, trays of writhing black soldier fly larvae munch their way through hundreds of kilograms of food waste a day.
New Zealand's Fonterra said on Wednesday it will sell its joint venture farms in China and its remaining stake in infant formula maker Beingmate as it looks to move its focus from Beijing and prioritise domestic operations.
New Zealand's Fonterra on Wednesday posted a 43% rise in half-year adjusted profit, helped by strong demand in China as pandemic-related restrictions eased and on higher global dairy prices.
New Zealand's dairy exporter Fonterra on Wednesday posted a 43% rise in adjusted profit, helped by stronger global dairy prices and higher demand for its products as easing of pandemic-related restrictions has boosted economic recovery.
Brazilian authorities launched raids and issued multiple arrest warrants as part of a probe to crack down on coffee industry companies accused of evading taxes, according to prosecutors in the state of Minas Gerais on Tuesday.
Brazilian food processor BRF SA said on Tuesday Canada has authorized chicken wing exports from two of its plants located in top farm state Mato Grosso.
Brazilian authorities launched raids and issued multiple arrest warrants as part of a probe to crack down on coffee industry companies accused of evading taxes, according to a statement from prosecutors in the state of Minas Gerais on Tuesday.
The European Union wants to work with the U.S. government to curb aviation's contribution to climate change, including through possible pollution standards on jet fuel, a senior European Commission official said on Tuesday.
State-owned Abu Dhabi Airports has called on almost 3 billion dirham ($816.82 million) worth of guarantees issued by local banks on behalf of contractors working on an airport expansion project already delayed by several years, sources said.
B2Gold Corp (Symbol: BTG) has been named as a Top 5 dividend paying metals and mining stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among metals and mining companies, BTG shares displayed both attractive valuat
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