TUI Group the world's biggest holiday company, is banking on a summer recovery to help ease its strained finances after it sunk to a 699 million euro quarterly loss during another period when coronavirus curbs stopped trips.
Norwegian fertiliser company Yara proposed raising its ordinary annual dividend by a third to 20 Norwegian crowns ($2.36) per share on Tuesday and reported fourth-quarter core profits above expectations.
London copper hit a one-month high on Tuesday on U.S. stimulus hopes, tight supplies and a weaker dollar that made greenback-priced metals cheaper to holders of other currencies.
Copper prices advanced on Tuesday as a weaker dollar made greenback-priced metals on the London Metal Exchange more appealing to holders of other currencies.
Hainan Airlines Co Ltd plans to transfer debts worth up to 72.5 billion yuan ($11.24 billion) to affiliates including HNA group to let them repay, it said in a statement to the Shanghai stock exchange on Tuesday.
Two senior Boeing executives have warned the White House that requiring COVID-19 tests before traveling on U.S. domestic passenger airline flights could pose significant economic harm.
Leading the index were Aurora Cannabis, up 15.7%, Aphria, up 13.5%, and Westshore Terminals Investment, higher by 12.7%. Lagging shares were Canada Goose, down 4.5%, GFL Environmental, down 3.4%, and Canfor Corp, lower by 2.3%.
Democrats in the U.S. Congress are to release a sweeping plan on Monday to provide more than $50 billion in additional assistance to U.S. airlines, transit systems, airports and passenger railroad Amtrak and create a $3 billion program to assist aviation manufacturers with payroll costs, according to documents seen by Reuters and sources briefed on the matter.
Democrats in the U.S. Congress are set to release a sweeping plan on Monday to provide more than $50 billion in additional assistance to U.S. airlines, transit systems, airports and passenger railroad Amtrak and create a new $3 billion program to assist aviation manufacturers with payroll costs, according to documents seen by Reuters and sources briefed on the matter.
Demand for aluminium is extending its recovery so far this year despite a second wave of COVID-19 lockdowns, an executive at Russian aluminium producer Rusal said on Monday.
Demand for aluminium has been strong so far this year and first quarter sales will at least equal the level of the final quarter of last year, an executive of United Company Rusal said on Monday.
In trading on Monday, shares of Osisko Gold Royalties Ltd (Symbol: OR) crossed above their 200 day moving average of $11.19, changing hands as high as $11.24 per share. Osisko Gold Royalties Ltd shares are currently trading up about 2.1% on the day. The chart below shows the
In trading on Monday, shares of Agnico Eagle Mines Ltd (Symbol: AEM) crossed above their 200 day moving average of $71.78, changing hands as high as $72.36 per share. Agnico Eagle Mines Ltd shares are currently trading up about 1.4% on the day. The chart below shows the one y
Argentina's oilseed crushers have struck a deal with the government to hold down domestic edible oil prices in a potential salve to tensions after the country's president threatened to increase food export taxes to contain inflation.
Argentina's oilseed crushers have struck a deal with the government to hold down domestic edible oil prices in a potential salve to tensions after the country's president threatened to increase food export taxes to contain inflation.
Ireland's sovereign wealth fund's domestic investments in 2020 were almost exclusively in businesses impacted by the COVID-19 pandemic, including a 150 million euro ($180 million) loan to IAG's Irish airline Aer Lingus.
For Cleanne Brito Machado, like millions of people in developing countries around the world, shopping for staple foods such as rice, beans, oil or potatoes now means making hard choices.
Ireland's sovereign wealth fund's domestic investments in 2020 were almost exclusively in businesses impacted by the COVID-19 pandemic, including 150 million euros to help stabilise IAG's Irish airline Aer Lingus.
Copper prices rose on Monday, underpinned by thinning inventories that pointed to higher demand for the industrial metal and by optimism over a massive U.S. COVID-19 aid package.