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Malaysian glove maker Kossan Rubber Industries Bhd said on Wednesday it has temporarily closed one of its plants after 427 workers had tested positive for COVID-19.

Britain's top court gave the go-ahead to the expansion of Heathrow Airport on Wednesday, allowing the 14 billion pound ($19 billion) plan to proceed after decades of legal battles and political wrangling.

Malaysian glove maker Kossan Rubber Industries Bhd will see production capacity reduced by nearly 25% for two weeks after 427 workers tested positive for COVID-19, media reports and analysts said.

Hong Kong's Cathay Pacific Airways Ltd expects a "significantly higher" second-half loss than its record first-half loss, driven by low demand, restructuring charges and impairments on its fleet of planes, it said on Wednesday.

The EU's chief executive said on Wednesday she could not say if there would be a trade deal with Britain but there had been progress and the next few days would be critical.

Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it expects a "significantly higher" second-half loss than its record first-half loss, driven by low demand, restructuring charges and impairments on its fleet of planes.

Britain's competition regulator said on Wednesday it would investigate whether airlines had breached consumers' legal rights by failing to offer cash refunds for flights they could not legally take during a COVID-19 lockdown.

Estonian transportation startup Bolt said on Wednesday it had raised 150 million euros ($182 million) from investors, becoming the latest European player to win funding as the coronavirus pandemic changes the way people get around.

The European Union's chief executive said on Wednesday that she could not say if there would be a trade accord with Britain but there had been progress and that the next few days would be critical.

British fashion retailer Superdry said on Wednesday its co-founder and interim Chief Executive Officer Julian Dunkerton would take the top job on a permanent basis and appointed industry veteran Silvana Bonello as its chief operating officer.

Estonian mobility startup Bolt said on Wednesday it had raised 150 million euros ($182 million) from investors, becoming the latest European player to win funding as the coronavirus pandemic changes the way people get around.

Canadian pot producer Aphria and rival Tilray Inc have agreed to combine their operations, Bloomberg News reported on Wednesday.

Hydrogen plane startup ZeroAvia said on Wednesday it had secured $21.4 million in a funding round led by Bill Gates' Breakthrough Energy Ventures to develop zero-emission commercial aircraft.

MSCI Inc said on Tuesday it will delete the securities of 7 Chinese companies from some global indexes after the U.S. imposed restrictions on their purchase, even as it said it would also launch new versions of several indexes that retain the same securities.

Australia will launch a formal appeal to the World Trade Organization (WTO) later on Wednesday seeking a review of China's decision to impose hefty tariffs on imports of Australian barley, Minister for Trade Simon Birmingham said.

In southern Taiwan's pig-producing heartland, the government's contentious decision to ease restrictions on imports of U.S. pork is rankling some producers and dividing families.

Delta Air Lines Inc is in early talks with governments to add more quarantine-free flights overseas, a company executive said on Tuesday, as the aviation industry turns to such testing-backed programs to revive demand battered by COVID-19.

MSCI Inc said on Tuesday it will delete the securities of 10 Chinese companies from some global indexes after the U.S. imposed restrictions on their ownership, but said it would also launch new versions of several indexes that retain the same securities.

Canadian pot producer Aphria, and rival Tilray Inc are said to be in advanced merger talks, BNN Bloomberg reported on Tuesday, citing sources familiar with the matter.

Delta Air Lines Inc is in talks with governments to add more quarantine-free trips to international destinations, after the first two such flights take off this week for Europe, an executive for the U.S. carrier said on Tuesday.