Air Canada said on Tuesday it looks to raise about C$850 million ($669.45 million) in a share offering, after it warned of more cash burn in the fourth quarter as spiking COVID-19 cases do more harm to air travel and the airline's liquidity.
Iran is not conducting its investigation into the downing of a civilian airliner in January properly and many questions remain unanswered, an independent Canadian report into the tragedy said on Tuesday.
The European Union plans to end a freeze on access to airport slots next year, when a travel recovery from the coronavirus crisis is expected to be underway, aviation sources said on Tuesday.
Brazil's sugar and ethanol lobby group Unica said on Tuesday it does not expect the United States to retaliate after the Brazilian government did not renew a tariff-free ethanol import quota that was almost entirely used by U.S. producers.
Companies including Tesco, Walmart, Unilever and McDonald's on Tuesday said they had urged major commodities traders to stop dealing in soy linked to deforestation in Brazil’s Cerrado, a vast savanna region and vital carbon storehouse.
U.S. House Speaker Nancy Pelosi on Tuesday invited other top congressional leaders to meet at 4 p.m. (2100 GMT) as they seek to finalize a massive government spending deal and reach an agreement on a new package of coronavirus relief, a source said.
Iran is not conducting its probe into the downing of a civilian airliner in January properly and many questions remain unanswered, an independent Canadian report into the tragedy said on Tuesday.
Transat A.T. Inc shareholders on Tuesday approved a discounted buyout offer from Air Canada, a spokesman for the Montreal-based tour operator said, sending Transat shares up more than 10% in morning trade.
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Britain's Supreme Court will give Heathrow Airport the go-ahead to expand on Wednesday, a lawyer in the case said, a decision that would put the 14 billion pound ($19 billion) plan back on track after years of legal battles and political wrangling.
Argentine oilseed workers continued their wage strike on Tuesday after the failure of recent contract negotiations, the federation of soymeal factory workers and the CIARA chamber of manufacturers said in dueling statements.
Argentine oilseed workers continued their wage strike on Tuesday after the failure of recent contract negotiations, the country's CIARA chamber of soymeal manufacturers said in a statement.
The World Health Organization is looking at new financial instruments to help to fill a $28 billion funding shortfall for tools to fight COVID-19, a senior official said on Tuesday.
International Consolidated Airlines Group (IAG) and its Spanish unit Iberia will hold board meetings this week to decide whether to go ahead with the acquisition of Spanish carrier Air Europa, Spanish news website ElConfidencial said on Tuesday.
A World Health Organization senior official said on Tuesday that the agency was in talks with Pfizer to include its COVID-19 vaccine as part of an early global roll out.
A senior World Health Organization official said on Tuesday that the body was looking at new financial instruments to help fill a $28 billion finance gap for COVID tools, saying financing was proving a "real challenge".
Britain's biggest sportswear retailer JD Sports said on Tuesday it had bought retailer Shoe Palace for $325 million in a move that would expand its footprint in the U.S. West Coast, sending the company's shares 5% higher.
Stocks and currencies across Asia's emerging markets slipped on Tuesday as a spike in COVID-19 cases and restrictions globally took some shine off upbeat factory output data from the world's second largest economy, China.
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