The U.S. House of Representatives is set to vote on Tuesday on bipartisan legislation to reform the Federal Aviation Administration’s (FAA) aircraft certification process after two fatal Boeing 737 MAX crashes killed 346 people.
Brazilian airline Azul SA on Monday reported a third-quarter loss of 1.2 billion reais ($220 million) but signaled a faster-than-expected recovery in air travel demand, forecasting it will be operating 80% of its normal flights by year-end.
Groupe ADP, operator of Paris Charles de Gaulle airport, on Monday estimated that traffic in 2021 would be 45% to 55% of 2019 levels based on a gradual pick up from April.
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Above-average rainfall last week in most of Ivory Coast's cocoa regions would support the final stage of the October-to-March main crop, farmers said on Monday, adding that early dry Harmattan winds could be a concern for the crops.
Boeing Co is set to win approval for its grounded 737 MAX this week, but chinks are appearing in the brand as the most traumatic chapter in the jetmaker's history overshadows the planes' original billing of superlative performance.
Tyson Foods Inc beat quarterly sales estimates on Monday, as the largest U.S. meat processor benefited from consumers buying more of its beef and pork products during the COVID-19 pandemic.
China's pig herd grew 26.9% in October from a year earlier and its sow herd rose by 31.5%, the ministry of agriculture said on Monday, extending strong rebounds in the previous few months after large numbers of pigs were killed by the African swine fever.
After a standoff with global regulators, management turmoil and a massive safety review, Boeing Co is set to win U.S. approval on Wednesday to resume flights of its grounded 737 MAX.
This forward-looking FX derivative has successfully determined the outlook for USD/JPY throughout the coronavirus crisis and remains a bellwether of near-term sentiment and expectations for the pair.
A senior EU official said on Monday it "may be too late already" to put in place any trade deal with Britain before its informal membership of the European Union expires at the end of this year if Brexit negotiators seal a deal this week or next.
Poste Italiane has agreed to buy loss-making postal operator Nexive from Germany's Mutares and The Netherlands' PostNL in a deal that could be worth around 60 million euros ($71.06 million), including debt.
Australia's Qantas Airways Ltd, the world's third-oldest airline, on Monday marked its 100th birthday during its toughest year yet due to the coronavirus pandemic but is looking to the future with optimism, its chief executive said.
South Africa's Astral Foods Limited on Monday reported a 14% drop in full-year earnings weighed down by increased costs and the impact of COVID-19 pandemic, despite its poultry business boosting annual revenue.
Dubai Aerospace Enterprise (DAE), one of the world's biggest aircraft leasing companies, has hired banks to arrange investor calls ahead of a planned issuance of U.S. dollar-denominated sukuk, or Islamic bonds, a document showed on Monday.
Abu Dhabi's Etihad Airways said on Monday it would start daily flights to Tel Aviv in March after the United Arab Emirates and Israel's established formal ties this year.
Investors are pushing major European companies to make sure the "missing" costs of climate change are properly reflected in their financial statements, a move that could wipe billions of dollars off the value of sectors from energy to aviation.
Reuters
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25 minutes 18 seconds ago
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