Top Japanese airline ANA Holdings Inc said on Tuesday that domestic routes would be the main source of income in the fiscal year starting in April, and that it would reorganise its routes as COVID-19 clouds the outlook for travel demand.
Wheels Up Partners LLC is in talks to go public through a merger with blank-check acquisition company Aspirational Consumer Lifestyle Corp in a deal which could value the private jet charter company at more than $2 billion, people familiar with the matter said on Monday.
Tens of thousands of farmers gathered on the outskirts of India's capital New Delhi on Tuesday, ahead of a tractor procession aimed at protesting a controversial set of agricultural laws.
Ryanair is interested in taking part in a tender to buy slots at Milan Linate and Rome Fiumicino airports if Alitalia puts them on the block, the Irish low-cost carrier said on Monday.
Brazil's Embraer has carried out its first transaction using a new type of loan guarantee in a 450 million reais ($82.32 million) deal to supply four E175 aircraft to U.S. regional airline SkyWest, the planemaker and Brazilian development bank BNDES said on Monday.
Europe is set to lift a 22-month flight ban on the Boeing 737 MAX this week after reviewing submissions by industry experts and whistleblowers, angering relatives of some of the 346 crash victims, who say the move is premature.
Tin rose to its highest since 2014 on Monday after a shortfall of the metal used in solder to connect components in electronic devices pushed up price for 12 straight weeks.
British Prime Minister Boris Johnson said on Monday he was looking at toughening border quarantine rules because of the risk of "vaccine-busting" new coronavirus variants.
The owners of Dr. Martens aim to raise close to 1.3 billion pounds ($1.78 billion) from a London listing of the classic British boot brand, according to a lead manager.
Cathay Pacific Airways Ltd on Monday warned passenger capacity could be cut by about 60% and monthly cash burn may rise if Hong Kong installs new measures that require flight crew to quarantine for two weeks.
U.S. sportswear maker Nike on Monday urged Europe's second-highest court to annul an EU investigation into its Dutch tax rulings, saying the bloc's competition enforcers had failed to show these amounted to illegal state aid.
Classic British boot brand Dr. Martens said on Monday it was looking to raise up to 1.3 billion pounds ($1.78 billion) from a London listing, targeting a free float of around 35% of its issued share capital before greenshoe.
Hong Kong's Cathay Pacific Airways Ltd on Monday warned of a cut in its passenger capacity by about 60% and a rise in monthly cash burn if the Asian financial hub puts into effect new measures requiring flight crew to quarantine for two weeks.
Taiwan's GlobalWafers Co Ltd has lowered the minimum acceptance threshold and extended the deal deadline in a bid to try and save its 4.35 billion euro ($5.3 billion) offer for German silicon wafer maker Siltronic.
British online fashion retailer ASOS said on Monday it was in exclusive talks to buy the Topshop, Topman, Miss Selfridge and HIIT brands from the administrators of British tycoon Philip Green's Arcadia Group.
U.S. refiners are girding for a painful slate of fourth-quarter earnings, reflecting the pressure of rising crude prices, weak demand due to renewed COVID-19 travel restrictions, and higher costs of associated with blending of renewable fuels into their products.
Copper prices fell on Monday on demand worries due to rising coronavirus cases in top consumer China and ahead of seasonally slow consumption during the Lunar New Year holiday.
Online fashion retailer Boohoo Group Plc is set to acquire collapsed British department store group Debenhams in a cut-price deal that will result in the closure of the group's remaining department stores, the Financial Times reported on Sunday.
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