(RTTNews) - Oil prices moved to the downside during trading on Friday, extending the steep drop seen over the two previous sessions.After plunging by $2.18 on Wednesday and slumping by $1.22 on Thursday, crude for December delivery fell $0.38 to a five-month low of $35.79 a barre
French aerospace group Safran said on Friday it was closely monitoring superalloys supplier Aubert & Duval (A&D) as the French government pledged to keep its sensitive material technologies in France.
COVID tests should be more widely used in international travel than quarantines, the chair of the World Health Organization's Emergency Committee said on Friday.
(RTTNews) - After moving sharply lower over the two previous sessions, the price of gold regained some ground during trading on Friday.Gold for December delivery climbed $11.90 to $1,879.90 an ounce after slumping $11.20 on Thursday and plunging $32.70 on Wednesday.
Boeing is unlikely to launch a new plane in the near future but its options will depend in part on how successfully its grounded 737 MAX regains its position in the market, the head of one of its engine suppliers said on Friday.
Argentina's major oilseed crushers union began a 24-hour strike on Friday after negotiations broke down with processing and exporting firms over coronavirus pandemic bonus payments, a union representative said.
Flag carrier Vietnam Airlines reported a net loss of $453 million in the first nine months of this year due to the coronavirus pandemic, the company said on Friday in a financial report.
The United States and Brazil, the two leading ethanol producers, see potential for a large increase in global use of the biofuel as an outright way to cut carbon emissions while the world transitions to all-electric cars, according to industry representatives this week.
A resolution compelling Brazilian food processor JBS SA to sue its own controlling stakeholders and certain former managers was approved by a shareholder vote, JBS parent company J&F Investimentos said in a statement.
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A resolution compelling Brazilian food processor JBS SA to sue its own controlling stakeholders and certain former managers was approved by a shareholder vote, JBS parent company J&F Investimentos said in a statement, confirming what a source familiar with the matter earlier told Reuters.
The head of French aerospace group Safran said on Friday it is closely watching specialist materials supplier Aubert & Duval (A&D) and did not rule out taking a stake in the troubled Eramet unit, one of its critical suppliers.
Under Armour Inc forecast full-year revenue above analysts' estimates on Friday, boosted by a surge in online demand from shoppers looking for athletic apparel for home or outdoor workouts.
Oil prices will be hemmed in the $40-45 per barrel range for the rest of the year, a Reuters poll showed on Friday, with analysts expecting a rough road to recovery into 2021 as an accelerating coronavirus outbreak fans renewed demand concerns.