Hong Kong's Cathay Pacific Airways Ltd will cut around 6,000 jobs, or 18% of its workforce, and axe regional brand Cathay Dragon to help it weather the coronavirus pandemic, the South China Morning Post reported on Tuesday, citing sources.
When she is not helping her kids with remote school or worrying about her next mortgage payment, Jessica Trujillo spends her days rallying friends and co-workers to lobby Washington for federal aid to protect airline workers who feel their fates are trapped in a political tug-of-war.
Britain stood firm on Tuesday in rebutting a European Union offer to discuss draft legal texts of a potential post-Brexit trade deal unless there were fundamental changes as their high-stakes diplomatic poker game risked a chaotic finale.
Etihad Airways, wholly owned by the Abu Dhabi government, is planning to sell U.S. dollar-denominated 'transition' sukuk, or Islamic bonds, a document issued by one of the banks leading the deal showed.
Hong Kong's Cathay Pacific Airways Ltd will cut around 6,000 jobs or 18% of its workforce, and axe regional brand Cathay Dragon to help it weather the coronavirus pandemic, the South China Morning Post reported on Tuesday, citing sources.
Etihad Airways, wholly owned by the Abu Dhabi government, is planning to sell U.S. dollar-denominated 'transition' sukuk, or Islamic bonds, a document issued by one of the banks leading the deal showed.
Norwegian fertiliser company Yara proposed an extra dividend of 18 Norwegian crowns ($1.93) per share on Tuesday and reported third-quarter core profits above expectations.
The first ever official United Arab Emirates delegation to Israel took off on Tuesday as the two countries look to broaden cooperation after normalising ties last month under a U.S.-brokered accord, forged largely over shared fears of Iran.
Prime Minister Boris Johnson's government sees no point in talking with the European Union on a Brexit trade deal until the bloc starts to treat Britain as a sovereign state, a junior business minister said on Tuesday.
Norwegian fertiliser company Yara proposed an extra dividend of 18 Norwegian crowns per share on Tuesday and reported third-quarter core profits above expectations.
Virgin Australia looks set to cut basic fares and start charging fees for items like checked baggage and food under new chief executive Jayne Hrdlicka, prompting a wider industry shake-up as the country's airlines reawaken from the coronavirus crisis.
Passengers travelling to Hong Kong and Italy from Britain's Heathrow Airport will undergo a one-hour coronavirus test before flying out of the United Kingdom under plans to open up international travel, The Times reported on Tuesday.
Brazil's suspension of soy tariffs has yet to significantly boost imports of the oilseed despite a lack of inventories, analysts told Reuters, as the market reacted cautiously due to the high cost of imports.
U.S. House of Representatives Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin "continued to narrow their differences" in a 53-minute telephone conversation on Monday about a fresh coronavirus aid package, Pelosi's spokesman, Drew Hammill, wrote on Twitter.
U.S. House of Representatives Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin "continued to narrow their differences" in a 53-minute telephone conversation Monday about a fresh coronavirus aid package, Pelosi's spokesman, Drew Hammill, wrote on Twitter.
Argentina's oilseed workers union will hold a 24-hour strike to start late Monday afternoon, affecting the country's main export hub of Rosario, to press for higher wages after several days of what the labor group called fruitless contract talks.
The use of child labour has risen in cocoa farms in Ghana and Ivory Coast over the past decade despite industry promises to reduce it, academics said on Monday, largely supporting earlier findings that were questioned by both states.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Well-above average rains mixed with sunny spells last week in most of Ivory Coast's cocoa growing regions provided the conditions for cocoa pods to ripen, and will likely boost the main crop, farmers said on Monday.