Aluminum Corp of China Ltd, known as Chalco, said on Tuesday its net profit quadrupled in the third quarter from a year earlier as a substantial cut in operating costs offset lower production volumes.
JetBlue Airways' third-quarter revenue plunged by 76% as the COVID-19 pandemic hammered travel demand but the New York-based budget carrier expects an upturn in bookings for the Thanksgiving and Christmas holiday season, it said on Tuesday.
The European Union and Britain are engaging intensively to clinch a deal on their future relationship, before a transition period ends on Dec. 31, the European Commission said on Tuesday.
Shareholders in Britain's Rolls-Royce approved the aero-engine maker's 2 billion pound rights issue on Tuesday, injecting cash into the battered business to shore up its finances after the pandemic stopped planes flying.
European Union chief negotiator Michel Barnier resumed talks in London with his British counterpart on Tuesday as the two sides try to strike a last-minute trade agreement less than 10 weeks before the United Kingdom leaves the bloc's orbit.
China's net gold imports via Hong Kong surged to a six-month high in September, helped by a recovery in demand as economic activity picked up in the world's top consumer of the metal, though they remained lower year-on-year.
Airbus and Singapore's ST Engineering said they would set up new sites in China, Germany and the United States by 2023 to convert A321 passenger planes to freighters after the first one entered service with Qantas Airways Ltd on Tuesday.
Russian aluminium producer Rusal on Tuesday reported a 7.6% fall in its third quarter aluminium sales compared with a year ago as the coronavirus pandemic hit demand for its metal used in construction materials, cars and cans.
ANA Holdings Inc, Japan's biggest airline, on Tuesday forecast a record operating loss of 505 billion yen ($4.82 billion) for the year to March, after coronavirus-related travel restrictions forced it to cancel flights and ground aircraft.
Etihad Airways, wholly owned by the Abu Dhabi government, on Tuesday began marketing U.S. dollar-denominated "transition" sukuk, or Islamic bonds, a document showed.
Affluent travelers avoiding commercial flights during the pandemic are helping fuel a recovery in pre-owned corporate aircraft transactions this year and reviving shoots of demand for new planes even as the business aviation industry braces for a slump in 2020 deliveries.
Dubai airport, the world's busiest for international travel before the coronavirus crisis, could see passenger traffic fall by as much 70% this year, its chief executive said.
Japan Airlines Co) JAL is likely to post a record net loss of about 230 billion yen ($2.20 billion) in the business year ending in March 2021, battered by a coronavirus-led plunge in demand, the Nikkei business daily reported on Tuesday.
Japan Airlines Co is likely to post a record net loss of about 230 billion yen ($2.20 billion) in the business year ending in March 2021, battered by a coronavirus-led plunge in demand, the Nikkei business daily reported on Tuesday.
Tiffany & Co has received all regulatory approvals needed for the completion of its $16 billion acquisition by French luxury goods group LVMH, the U.S. jeweler said on Monday after it received a nod from the European Commission.
Tiffany & Co has received regulatory approvals from the European Commission for its $16 billion acquisition by French luxury goods group LVMH, the U.S. jeweler said on Monday.
Bolder Industries has signed a letter of intent (LOI) to merge with blank-check acquisition company GigCapital2 Inc in a deal that would take the U.S. sustainable rubber ingredient manufacturer public and value it at close to $900 million, including debt, people familiar with the matter said on Monday.
Reuters
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