Zinc prices slumped on Wednesday to the lowest in more than two months on a sharp rise in inventories that highlighted excess supply as demand falters in China.
Boeing's 737 MAX airliner is safe to return to service in Europe, the European Union Aviation Safety Agency (EASA) said on Wednesday, lifting a 22-month flight ban after two crashes of the jet which caused 346 deaths.
A Malaysian court ordered on Wednesday the immediate release of a Pakistan International Airlines (PIA) plane detained in the Southeast Asian nation nearly two weeks ago over a British court case about its lease.
European stocks were largely flat on Wednesday due to losses in technology and mining sectors and as investors stayed on the sidelines ahead of the U.S. Federal Reserve's policy decision.
European stocks slid on Wednesday, weighed down by concerns about a slow economic recovery, while most investors kept to the sidelines ahead of the U.S. Federal Reserve's policy decision.
The U.S. Federal Reserve concludes its first meeting of the year later on Wednesday and Chairman Jerome Powell will likely reiterate that it's too early to discuss tapering asset purchases.
Swiss chocolate maker Barry Callebaut said it was seeing a gradual recovery and confirmed its mid-term guidance on Wednesday after the COVID-19 pandemic hit sales volumes in the three months to the end of November.
China is paying a heavy toll for its efforts to punish Australia by banning or restricting certain commodity imports, while conversely Australia seems to have avoided any serious financial ramifications so far.
Virgin Australia said on Wednesday it was operating at 40% of its pre-pandemic domestic capacity in January, missing a forecast of 60% due to state-based travel restrictions that are hampering an aviation market recovery.
Virgin Australia said on Wednesday it was operating at 40% of its pre-pandemic domestic capacity in January, missing a forecast of 60% due to state-based travel restrictions that are hampering an aviation market recovery.
Zinc prices fell on Wednesday to their lowest in more than two months as stockpiles in London Metal Exchange warehouses hit a two-year high while demand in top consumer China weakened.
Zinc prices fell on Wednesday to their lowest in more than two months after stockpiles in exchange warehouses jumped ahead of a traditionally weak demand season in top consumer China.
In trading on Tuesday, shares of Arconic Corp (Symbol: ARNC) entered into oversold territory, changing hands as low as $26.27 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
Allied Universal said on Tuesday it had extended the time for G4S shareholders to accept its offer to buy the British security services firm, making the move a day before Canadian rival GardaWorld's extended offer expires.
Italy reported an outbreak of highly pathogenic H5N8 bird flu in backyard birds in the centre of the country, the Paris-based World Organisation for Animal Health (OIE) said on Tuesday.
Recovery prospects for Europe's coronavirus-stricken airlines are slipping from bad to worse, as a British minister warned on Tuesday against booking summer holidays and Germany mulled a drastic new clampdown on travel even within the EU.
Booming sales at LVMH's fashion brands like Louis Vuitton, particularly in China, helped to cushion the impact of the coronavirus pandemic, which has crimped revenues at the French luxury group.