Tiffany & Co said on Tuesday LVMH's countersuit to drop its $16 billion acquisition of the U.S. jeweler was an attempt to avoid paying the full purchase price.
Tiffany & Co said on Tuesday LVMH's countersuit to drop its $16 billion bid for the U.S. jeweler was just an attempt to evade paying the full purchase price.
Singapore Airlines plans to turn one of its grounded jumbo jets into a pop-up restaurant and offer home-delivered plane food as part of a series of initiatives to try an re-engage customers who have not been able to travel due to the coronavirus pandemic.
Citibank has updated its month-end FX hedge rebalancing estimate, to reflect the rise in equity prices over recent days and its impact on the preliminary month-end hedge rebalancing signals from Sept. 24.
The head of Lufthansa-owned airline Swiss International will step down at the end of 2020, Swiss said on Tuesday, with a successor yet to be determined.
Pilots at Hong Kong's Cathay Pacific Airways Ltd are pushing to be included in restructuring talks at the carrier and will run a newspaper advertisement to drum up public support, a union representing them told Reuters on Tuesday.
A $2.2 trillion draft bill for coronavirus aid unveiled by Democrats in the U.S. House of Representatives late on Monday gave airlines some hope for a second bailout before tens of thousands of layoffs occur on Thursday, although tough hurdles remained.
A $2.2 trillion draft bill for coronavirus aid unveiled by Democrats in the U.S. House of Representatives late Monday gave airlines some hope for a second bailout before tens of thousands of layoffs occur on Thursday, though tough hurdles remained.
Air New Zealand Ltd said on Tuesday it had drawn down NZ$110 million ($72.20 million) of a NZ$900 million government loan facility to date as it shored up liquidity to help weather the coronavirus pandemic.
Brazil's biggest lobby group for soy farmers Aprosoja has broken ties with the Brazil Agribusiness Association (Abag) over its support for an initiative calling on the Brazilian government to rein in soaring deforestation in the Amazon rainforest.
Air New Zealand Ltd said on Tuesday it had drawn down NZ$110 million ($72.20 million) of a NZ$900 million government loan facility to date as it shored up liquidity to help weather the coronavirus pandemic.
The leaders of the U.S. House Committee on Transportation and Infrastructure on Monday introduced bipartisan legislation to reform the Federal Aviation Administration's (FAA) aircraft certification process in the wake of two fatal Boeing 737 MAX crashes.
The leaders of the U.S. House Committee on Transportation and Infrastructure on Monday introduced bipartisan legislation to reform the Federal Aviation Administration's aircraft certification process in the wake of two fatal Boeing 737 MAX crashes.
LVMH countersued Tiffany & Co on Monday, arguing the iconic U.S. jeweler's financial mismanagement in the pandemic permits the French luxury goods giant to walk away from its proposed $16 billion acquisition of the company.
FXEmpire.com - US stocks moved higher on Monday, starting the week on an up note. While volatility remains elevated due to concerns that the Presidential election could be contested, large-cap tech stocks started to rebound. All sectors in the S&P 500 index were higher, led
LVMH countersued Tiffany & Co on Monday, arguing the latter's financial mismanagement in the COVID-19 pandemic permits the French luxury goods giant to walk away from its $16 billion acquisition of the iconic U.S. jeweler.
General Electric Co said on Monday its GE9X engine for Boeing Co's 777X passenger jet has been certified by the U.S. aviation safety regulator, clearing a hurdle in the planemaker's path to bring its new jet to the market.
United Airlines' pilots said on Monday they have voted to accept a deal that would keep all 13,000 of them employed through at least June 2021, averting 2,850 furloughs that were set for Thursday.