After nearly five years of Brexit crisis, the European Union and Britain are making a last ditch attempt to clinch a thin trade deal that would govern nearly a trillion dollars in annual imports and exports from 2021.
The Dutch government on Friday rejected a restructuring plan presented by Air France-KLM's Dutch subsidiary to cope with the effects of the pandemic due to what The Hague sees as insufficient commitment by the company's workers to wage freezes.
Britain's FTSE 100 .FTSE index is seen opening 13 points higher at 5,594 on Friday, according to financial bookmakers, with futures down 0.823% ahead of cash market open.
British Airways-owner IAG said it was driving down its cost base, with new CEO Luis Gallego sticking to his predecessor's policy of cutting employee and supplier costs to survive the deepening travel slump.
Swiss agrichemicals and seeds company Syngenta Group boosted third-quarter sales and operating profit despite challenging market conditions, the unit of ChemChina [CNNCC.UL] said on Friday.
Japan Airlines Co Ltd (JAL) on Friday forecast a record operating loss of as much as 380 billion yen ($3.63 billion) for the year through March, and said it would retire 24 Boeing Co 777 planes early as the pandemic hits travel demand.
Japan Airlines Co Ltd (JAL) said on Friday it expected a record operating loss of up to 380 billion yen ($3.63 billion) in the year to March 31, as it forecast international route demand would still be below 50% by then, thanks to the pandemic.
Sales at Safran fell 44.5% in the third quarter to 3.382 billion euros ($4 billion) from a year ago but steadied compared to the previous quarter, prompting the French aerospace group to reaffirm full-year forecasts despite new coronavirus lockdowns.
Mitsubishi Heavy Industries Ltd (MHI), Japan's biggest aerospace manufacturer, said on Friday it would freeze development of its SpaceJet regional aircraft to focus on renewable energy and other businesses that will bolster profits.
Delta Air Lines Inc and the union that represents its pilots have reached a preliminary cost-cutting deal that will prevent furloughs until Jan. 1, 2022, the union said late on Thursday.
Devon Energy Corp on Thursday slightly lowered its spending forecast for the year and pointed to improving activity ahead, benefiting from better well performance and a recovery in oil prices.
Exxon Mobil Corp was once the largest U.S. publicly traded company by market value in the United States. Now, the oil major is not even the most valuable energy name, having been surpassed by rivals and even a renewable company, as it tries to maintain its hefty dividend.
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South Africa's government said on Thursday it wanted its national airline flying again in the first half of next year, after giving it a 10.5 billion rand ($650 million) bailout in the mid-term budget.
Mexican buyers booked deals to buy their largest volume of corn from the United States since December 2019, the U.S. Agriculture Department said on Thursday.
Exxon Mobil Corp was once the largest U.S. publicly traded company in the United States. Now, the oil major is not even the largest energy name, having been surpassed by rivals and even a renewable company, as it tries to maintain its hefty dividend.
South Africa's plan to freeze public sector wages, announced by the finance minister in a budget speech, will face opposition from labour unions, ratings firm Fitch said on Thursday.
Ganfeng Lithium, one of the world's top producers of the commodity used in electric-vehicle batteries, on Thursday reported a big jump in third-quarter profit but pulled out of a deal that would have boosted its output.
Reuters
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