Tata Sons, India's autos-to-steel conglomerate, is expected to submit an initial bid for state-run carrier Air India ahead of the auction's deadline on Monday evening, sources aware of the matter told Reuters.
India's wholesale price gauge marginally picked up in November, data released by the Ministry of Commerce and Industry showed on Monday, with prices rising 1.55% from a year earlier.
Indonesia was seen posting another sizable trade surplus in November, albeit smaller than the previous month, as exports continued to recover while imports plunged, a Reuters poll showed on Monday.
From Air Canada to China's CDB Aviation, airlines and leasing firms are rushing to permanently convert older passenger jets into freighters, betting on a boom in e-commerce as the value of used planes tumbles amid the pandemic.
A $908 billion bipartisan COVID-19 relief plan set to be introduced in the U.S. Congress as early as Monday will be split into two packages in a bid to win approval, a person briefed on the matter said.
Australia will step in to rescue Victoria's struggling Portland Aluminium smelter with a $76.8 million ($57.9 million) package in a bid to ease pressure on the power grid, two ministers said in a statement on Monday.
Authentic Brands is plotting a double takeover of collapsed department store chain Debenhams and Topshop-owner Arcadia Group, The Daily Telegraph newspaper reported on Saturday, citing sources.
Argentine grains inspectors and oilseed workers said on Saturday they would extend their wage strike, even as the CIARA-CEC chamber of export companies urged unions to return to the negotiating table.
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U.S. land borders with Canada and Mexico will remain closed to non-essential travel until at least Jan. 21 with coronavirus cases spiking to record numbers across the country, the U.S. Department of Homeland Security (DHS) said on Friday.
Namibia's state-owned meat processing and marketing firm Meatco said on Friday it expects to slaughter 66% less meat in 2020 due to a shortage of cattle following a devastating drought in 2019 that decimated herds.
South Africa's government and trade unions are at loggerheads over unpaid salaries at South African Airways (SAA), which could lead to a messy court battle that may further complicate efforts to rescue the struggling airline.
United Airlines is telling some flight attendants whose colleagues test positive for COVID-19 to keep flying and monitor for symptoms, three employees told Reuters, raising concerns among staff about the policy.
Britain's Heathrow Airport, which during the pandemic has lost its crown as the busiest airport in Europe, posted an 88% fall in passenger numbers in November and said one of its terminals would stay shut until the end of next year.
Airbus, Safran and aerospace-focused fund Ace Aero Partenaires have submitted a non-binding offer for Aubert & Duval (A&D), the superalloys supplier owned by mining group Eramet, two people familiar with the matter said.
China's Shanghai Futures Exchange (ShFE) said on Friday it would extend a waiver on delivery fees for all commodities traded on the exchange and the subsidiary Shanghai International Energy Exchange (INE) by one year, to Jan. 10, 2022.