Shares in listed companies linked to China's HNA Group slumped on Monday, after the troubled conglomerate disclosed that its creditors had applied for its bankruptcy and that nearly $10 billion had been embezzled by shareholders of its three units.
Shares in listed firms linked to HNA Group slumped in early trade on Monday, after the embattled Chinese conglomerate disclosed that its creditors had applied for its bankruptcy.
Canada's decision to suspend flights by its major airlines to Mexico for three months to curb the spread of the COVID-19 pandemic could cost the Mexican tourism industry around $782 million in lost revenue, Mexico's government said on Sunday.
About 245 pelican chicks and two dozen adult pelicans have died from H5N1 bird flu in a Mauritanian national park bordering an area in northern Senegal that was hit by the virus, Mauritania's environment ministry said on Saturday.
Some investors are growing concerned that wild swings in GameStop and other stocks driven by small-time traders could be fresh signs of overexuberance that foreshadow volatility for the broader stock market.
Canada, the world's biggest canola grower, is running short of the oilseed six months before the next harvest, with strong export demand driving prices to nearly 13-year highs last week.
Three units of HNA, once China's most acquisitive conglomerate, said nearly $10 billion had been embezzled by shareholders, in disclosures to stock exchanges that come amid a government-led probe into the deeply indebted group.
British online fashion retailer ASOS is on the verge of a deal to buy Topshop and Miss Selfridge from the administrators of British tycoon Philip Green's Arcadia Group for almost 300 million pounds, Sky News reported.
Russia, one of the world's largest wheat exporters, is considering a formula-based tax on the wheat it sends abroad from June 1, a month earlier than previously stated, two sources familiar with government talks told Reuters on Saturday.
Some investors are growing concerned that wild swings in GameStop and other stocks driven by small-time traders could be fresh signs of overexuberance that foreshadow volatility for the broader stock market.
United Airlines said on Friday it has sent warnings of potential furloughs to some 14,000 employees whose jobs are at risk once a second round of payroll support for airlines expires on April 1, as demand for air travel has been hard hit by the coronavirus pandemic.
Canada's major airlines have agreed to suspend all flights to Mexico and the Caribbean until April 30, starting on Sunday, as part of the fight against a second wave of the coronavirus, Prime Minister Justin Trudeau said on Friday.
Canada's major airlines have agreed to suspend all flights to Mexico and the Caribbean until April 30 from Sunday as part of the fight against a second wave of the coronavirus, Prime Minister Justin Trudeau said on Friday.
The Biden administration will review all national security measures put in place by former President Donald Trump, including the U.S.-China Phase 1 trade deal signed in January 2020, White House Press Secretary Jen Psaki said on Friday.
American Airlines has authorized another $1 billion stock sale, following an ongoing $1 billion offering launched in October to boost liquidity, the company said in a regulatory filing on Friday that also detailed its aircraft financing commitments.
American Airlines has authorized the sale of another $1 billion in stock, expanding upon a $1 billion offering announced last October to boost liquidity, the company said in a regulatory filing on Friday.
India is likely to increase allocations toward its annual food subsidy spending by 4%-6% in the budget for the fiscal year beginning April 1 to cover the cost of running the world's biggest food welfare programme, said two government sources.
Hotspots of COVID-19 infection in the European Union will be labelled "dark red" zones to discourage all but essential travel, EU governments agreed on Friday.
Checked
18 minutes 48 seconds ago
This feed is responsible for generating the rss feed related to the topic Commodities