Long-haul carrier AirAsia X Bhd posted on Thursday a wider quarterly loss on reduced revenue, hit by coronavirus travel curbs, and added it was keeping up restructuring efforts key to its ability to raise new funding and survive.
As Asians travellers tentatively return to the skies amid the coronavirus pandemic, some are choosing to wear special suits covering much of their body to protect them against the virus.
Mike Ashley's Frasers Group has raised its stake in Mulberry to just under 37% and could make an offer for the British luxury brand, it said on Thursday.
Saudi Basic Industries Corp (SABIC) said on Thursday it has agreed to sell its agri-nutrients business to Saudi Arabia Fertilizers Co (SAFCO), in which it owns a 43% stake.
Asiana Airline's lead creditor bank called for backing for Korean Air's takeover of the debt-ridden Korean carrier on Thursday in the face of opposition to the plan from some shareholders.
Some of the relatives of victims of a fatal Boeing 737 MAX crash in Indonesia have slammed a decision by U.S. aviation authorities to allow the jets to return to the skies, saying the move comes too soon.
Global regulators have held off approving the Boeing 737 MAX despite a decision by the U.S. Federal Aviation Administration to end a 20-month grounding, highlighting changes in the global regulatory pecking order caused by two crashes of the jet.
Airline PT Garuda Indonesia posted a net loss of $1.07 billion for the January-September period this year, a company filing to the stock exchange showed, as the coronavirus outbreak battered the global travel industry.
The chief executives of the seven largest U.S. airlines made a fresh plea for more payroll relief before the end of the year and pointed to the challenges of distributing a COVID-19 vaccine in a letter to Congressional leaders on Wednesday.
The chief executives of the largest U.S. airlines made a fresh plea for Congress to pass a new round of federal payroll aid this year to meet the logistical challenges of distributing a COVID-19 vaccine, according to a letter to Congressional leaders sent on Wednesday.
Brazilian airline Gol said on Wednesday that it could resume use of its fleet of Boeing 737 Max jets by year's end under the most optimistic scenario, according to a securities filing.
In trading on Wednesday, shares of Wheaton Precious Metals Corp (Symbol: WPM) crossed below their 200 day moving average of $42.47, changing hands as low as $41.81 per share. Wheaton Precious Metals Corp shares are currently trading off about 5.8% on the day. The chart below
Argentine tug boat workers began a strike on Wednesday, four crew members' unions said, a move that could affect exports from the country's grains hub of Rosario, although the government said it was ready to step in and order that contract talks be held.
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In trading on Wednesday, shares of Kirkland Lake Gold Ltd (Symbol: KL) crossed below their 200 day moving average of $42.66, changing hands as low as $41.62 per share. Kirkland Lake Gold Ltd shares are currently trading off about 2.5% on the day. The chart below shows the one
In trading on Wednesday, shares of Barrick Gold Corp. (Symbol: GOLD) crossed below their 200 day moving average of $25.32, changing hands as low as $24.84 per share. Barrick Gold Corp. shares are currently trading down about 1.5% on the day. The chart below shows the one year
The government has provided state-owned Saudi Arabian Airlines (Saudia) with at least $7 billion in direct payments and other financial support in 2019 and 2020, company documents show, as the carrier struggles with losses and the coronavirus pandemic.
Tug boat workers in Argentina began a strike on Wednesday, four unions representing crew members said, a move that could affect exports from the country's main grains hub of Rosario.
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