Air New Zealand Ltd said on Friday it had begun to draw down on a NZ$900 million ($589.95 million) government debt facility that would give it time to review its capital structure and complete a capital raising by June 2021.
U.S. airline unions expressed hope on Thursday that Congress could strike a deal in the coming days that would provide $25 billion to prevent tens of thousands of furloughs on Oct. 1 after the U.S. Treasury chief said he could not act unilaterally to save airline jobs.
Attorneys for Bayer AG and consumers suing the company over allegations its Roundup weedkiller caused cancer told a judge on Thursday they are continuing to resolve thousands more cases, improving prospects for its $11 billion deal to end the litigation.
France's richest man Bernard Arnault ratcheted up a tug-of-war over Paris Match publisher Lagardere on Thursday, revealing he had built up a direct stake in the firm, which is under siege from several other investors.
Airbus is set to reaffirm its aircraft production rates, despite warnings that the coronavirus crisis will be deeper and longer than expected, industry sources told Reuters on Thursday.
Ghana will increase the guaranteed cocoa price it pays to farmers during the upcoming growing season by 28% to 10,560 cedis ($1,837) per tonne President Nana Akufo-Addo said on Thursday.
Groupe Arnault, the family holding company for France's richest man Bernard Arnault, has snapped up a stake in media and publishing conglomerate Lagardere and cemented his ties to its managers, the firms said on Thursday.
B&G Foods Inc said on Thursday it would drop an image of a Black chef from the packaging of its Cream of Wheat porridge mix, the latest company to make branding changes widely considered as racially insensitive.
El Al Israel Airlines is opposing the purchase of a controlling stake by religious student Eli Rozenberg, alleging he is a front man for his father, who is not an Israeli citizen as required by law, according to a letter from its lawyers.
Airbus is set to reaffirm its main aircraft production rates, despite warnings that the coronavirus crisis will be deeper and longer than first expected, industry sources told Reuters on Thursday.
Airbus is set to reaffirm its main aircraft production rates, despite warnings that the coronavirus crisis will be deeper and longer than first expected, industry sources told Reuters on Thursday.
A rare earth subsidiary of state-run Aluminium Corp of China (Chinalco) in Guangxi has repeatedly violated pollution rules and contaminated land, the environment ministry said.
FXEmpire.com - Stocks Look Ready To Continue Yesterday’s Downside Move
S&P 500 futures are losing ground in premarket trading as traders are worried about the future pace of the economic recovery.
United Airlines said on Thursday customers traveling from San Francisco to Hawaii would have the option to take a rapid COVID-19 test at the airport or a self-collected, mail-in test ahead of their trip, starting from Oct. 15.
El Al Israel Airlines is opposing the purchase of a controlling stake by religious student Eli Rozenberg, alleging he is a front man for his father, who is not an Israeli citizen as required by law, according to a letter from its lawyers.
The United Arab Emirates will resume issuing visas to foreign visitors to all seven of its regions as of Thursday after a six-month suspension imposed due to the coronavirus pandemic, state media reported.
Britain risks losing hundreds of thousands of travel and tourism jobs in the coming months unless the government offers proper supports to workers and relaxes travel restrictions, Ryanair boss Michael O'Leary said on Thursday.
Reuters
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