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Clothes recycling is the pressure-release valve of fast fashion, and it's breaking under COVID-19 curbs.

A day before mass furloughs, U.S. airline workers said they were gearing up for a full-court press to persuade Congress to pass a fresh $25 billion bailout that would protect jobs for another six months.

Regional Express Ltd (Rex) said on Wednesday it had signed provisional deals with two lessors for six Boeing Co 737 planes as part of its plan to expand beyond regional flights to launch jet services between major Australian cities.

The U.S. Treasury said on Tuesday it had closed loans to seven large airlines hit hard by the coronavirus pandemic and urged Congress to save tens of thousands of airline jobs by extending billions in payroll assistance.

Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it welcomed all employee ideas to get it through the pandemic after pilots pushing to be included in restructuring talks ran a newspaper advertisement to drum up public support.

On the southern Chinese island of Hainan, a duty-free shopping paradise, mainland tourists keen to splurge will often patiently line up for an hour or more to enter a Gucci, Tiffany or other luxury brand store.

The U.S. Treasury said on Tuesday it had closed loans to seven large airlines hit hard by the economic impact of the coronavirus pandemic.

President Donald Trump has issued a presidential permit for a private-sector proposal to build a railway from Canada's oil sands to ports in Alaska, a project that still faces numerous hurdles.

The World Trade Organization has authorised the European Union to impose tariffs on U.S. goods worth $4 billion to retaliate against subsidies for U.S. planemaker Boeing Co, people familiar with the matter said.

Abu Dhabi state fund Mubadala Investment Co is in advanced talks to invest up to $1 billion in the retail division of India's Reliance Industries Ltd, two sources told Reuters, as investor interest in the Indian company surges.

The World Trade Organization has authorised the European Union to slap tariffs on U.S. goods worth $4 billion to retaliate against subsidies for U.S. planemaker Boeing Co, people familiar with the matter said.

FXEmpire.com - US stocks moved lower but finished well of the session lows. Volatility edged lower, despite concerns that COVID-19 started to spread more rapidly. Retail bankruptcies, liquidations, and store closings in the U.S. reached records in the first half of 2020 which we

Britain's House of Commons approved legislation on Tuesday that gives ministers the power to break its divorce deal with the European Union, despite the threat of legal action from Brussels and unrest within the governing Conservative Party.

Abu Dhabi state fund Mubadala Investment Co is in advanced talks to invest up to $1 billion in the retail division of India's Reliance Industries Ltd, two sources told Reuters, as investor interest in the Indian company surges.

Egypt's finance ministry will guarantee long-term financing of 3 billion Egyptian pounds ($191 million) from the central bank for national carrier EgyptAir, according to a law issued by the presidency, state news agency MENA said on Tuesday.

Administrators in charge of South African Airways (SAA) said on Tuesday that they were suspending all operations and putting the struggling state-owned airline under "care and maintenance" until funding for a restructuring plan was found.

China's Tianqi Lithium Corp said on Tuesday it may not be able to make a $1.88 billion repayment due in November on a loan taken out to buy a stake in Sociedad Minera y Quimica de Chile (SQM) in 2018.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

Ghana's cocoa board (Cocobod) signed on Tuesday a $1.3 billion pre-export finance deal for the 2020/21 cocoa season through a syndicated loan, following reports earlier this year that its usual lenders had declined to underwrite the risk.

China's Tianqi Lithium Corp said on Tuesday it may not be able to make a $1.88 billion repayment on a loan taken out to buy a stake in Chilean miner Sociedad Minera y Quimica de Chile (SQM) in 2018 as the due date fast approaches.