Hong Kong's Cathay Pacific Airways Ltd said on Friday it would not apply for further government employment subsidies for its main business units, freeing up its ability to cut jobs at Cathay Pacific and Cathay Dragon.
India is planning to raise surveillance of copper and aluminium imports while developing policies to curb shipments from China and other Asian nations to protect domestic producers, said two government sources and an industry official.
Boeing Co said late on Thursday it was in discussions with U.S. safety regulators about a new manufacturing issue in its 787 Dreamliner that was found last year.
A U.S. bankruptcy judge on Thursday rejected a $2.4 billion financing plan for struggling LATAM Airlines on the grounds that a convertible loan included as part of the package would amount to "improper" treatment of other shareholders.
Bayer's Chief Executive Werner Baumann won an extension of his contract until 2024, in a show of support from the drugmaker's new chairman just months after agreeing an $11 billion settlement of U.S. lawsuits over its Roundup weedkiller.
Nigerian President Muhammadu Buhari on Thursday directed the central bank to stop issuing foreign exchange for food and fertiliser imports, according to a statement by his spokesman.
The U.S. Labor Department said on Thursday it cited Smithfield Foods for failing to protect employees from the coronavirus, making it the first major U.S. meatpacker to face a fine after outbreaks at slaughterhouses infected thousands of workers.
An Israeli company expects to receive results in the coming week from a Beijing lab that will test whether a fabric it has developed will be able to neutralise 99% of COVID-19, even after being washed multiple times.
The U.S. Labor Department said on Thursday it cited Smithfield Foods for failing to protect employees from the coronavirus, making it the first major U.S. meatpacker to face a fine after outbreaks at slaughterhouses infected thousands of workers this spring and caused meat shortages.
American Airline's wholly-owned regional carrier Envoy is closing its bases at La Guardia and John F. Kennedy airports in New York as it "makes changes to its flying profile in 2021," according to a memo from Envoy to employees seen by Reuters.
Brazil slaughtered 12.1 million hogs in the second quarter, the highest number since records began being kept in 1997, the government's statistics agency IBGE said on Thursday, citing strong demand from Chinese buyers.
Brazil's Gol Linhas Aereas Inteligentes said on Thursday it expects to burn through 3 million reais ($565,195.27) a day for the rest of 2020, half of its previously announced expected cash consumption.
Uganda said on Thursday it would reopen its sole international airport to commercial flights on Oct. 1, more than five months after its closure as a measure to curb the spread of the novel coronavirus in the East African nation.
JetBlue Airways Corp said on Thursday it will add 24 routes later this year as the airline looks to generate cash and said it plans to fly some temporarily parked jets to the new destinations.
Luxury goods group LVMH said on Thursday it would sue Tiffany, to fight off the U.S. jeweller's accusations that it was deliberately trying to bow out of an acquisition deal and to challenge its handling of the coronavirus crisis.
LVMH said on Thursday it would sue Tiffany, the U.S. jeweller which it had agreed to acquire, for its handling of the coronavirus pandemic and to refute accusations it was trying to deliberately bow out of the deal.
JetBlue Airways Corp said on
Thursday it will put some temporarily parked jets back in use
for two dozen new routes it plans to start. [nBw7BrjJ7a]
(Reporting by Rachit Vats in Bengaluru; Editing by Shounak
Dasgupta)
((Rachit.Vats@tr.com; within U.S. +1 646 223 8780, outside U.S.
+91 80 61822828; Reuters Messaging:
rachit.vats.thomsonreuters.com@reuters.net))
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South African Airways needs short-term funding from the government by the end of next week for the state carrier's business rescue process to continue, its administrators said on Thursday.