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United Airlines Holdings on Wednesday forecast a bigger drop in third-quarter passenger revenue than its own expectations and said it would look to cancel more flights until it sees a recovery in air travel.

United Airlines Holdings said on Wednesday it now expects third-quarter passenger revenue and capacity to be down about 85%, lower than its previous forecast.

U.S. President Donald Trump has instructed that dozens of oil refiner requests for retroactive waivers from U.S. biofuel laws be denied amid concerns the issue could cut into his support in the Farm Belt, three sources familiar with the decision said.

French luxury goods giant LVMH warned on Wednesday it was set to walk away from its planned $16 billion takeover of U.S. jeweler Tiffany, due to complications arising over the deal.

French luxury goods giant LVMH warned on Wednesday it was set to walk away from its planned takeover of U.S. jeweler Tiffany, due to complications arising over the deal.

Egypt on Wednesday announced the formation of a commodities exchange which will initially trade wheat, oils, sugar and rice beginning in the first half of 2021.

European shares bounced back a bit on Wednesday after steep declines in the previous session, although sentiment remained fragile after AstraZeneca suspended global trials of its COVID-19 vaccine.

Ryanair has cut its annual passenger target to 50 million passengers from a forecast of 60 million made in July as COVID-19 renders the winter a "write-off", Group Chief Executive Michael O'Leary told Reuters in an interview on Wednesday.

China's International Aviation and Aerospace Exhibition, the country's biggest airshow, scheduled for November, has been cancelled due to the coronavirus pandemic, and the next one will take place in 2022, the organiser said on Wednesday.

Britain will set out new details of its blueprint for life outside the European Union on Wednesday, publishing legislation a government minister acknowledged would break international law in a "limited way" and which could sour trade talks.

Virgin Australia Holdings Ltd said on Wednesday it is returning a third of its fleet of Boeing Co 737 planes to lessors and financiers as part of a turnaround plan under new owner Bain Capital.

Malaysia's labour-reliant palm oil companies are looking to recruit recovering drug addicts and prisoners to solve a severe shortage of migrant foreign workers as the coronavirus pandemic shuts borders and hampers output of the edible oil.

The organiser of China's biggest airshow, set for November in the southern city of Zhuhai, has cancelled the event because of coronavirus measures, it said on Wednesday.

U.S. President Donald Trump has instructed that dozens of oil refiner requests for retroactive waivers from U.S. biofuel laws be denied amid concerns the issue could cut into his support in the Farm Belt, three sources familiar with the decision said.

U.S. President Donald Trump has directed the U.S. Environmental Protection Agency to deny dozens of refiner requests for retroactive waivers from the nation's biofuel laws amid concerns the divisive issue was costing him politically in the Farm Belt, according to three sources familiar with the decision.

China has been buying U.S. soybeans at what seems like a breakneck pace for about two months now, increasing the probability of record U.S. exports to the Asian country over the next year.

Britain will set out new details of its blueprint for life outside the European Union on Wednesday, publishing legislation a government minister acknowledged would break international law in a "limited way" and which could sour trade talks.

Lululemon Athletica Inc beat quarterly revenue estimates on Tuesday, boosted by a surge in online sales of yoga pants and other athleisure apparel to consumers spending more time at home.

Lululemon Athletica Inc beat Wall Street estimates for quarterly revenue on Tuesday, as it sold more yoga pants and athleisure apparel online to consumers looking for comfortable clothing while spending more time at home due to the pandemic.

Airbus deliveries slipped in August, slowing its recovery from the coronavirus demand meltdown, but the European planemaker remained well in front of its beleaguered U.S. rival Boeing, which reported new production headaches.