French fine crystal glassmaker Baccarat said it had entered receivership, after the purveyor of chandeliers and tableware to royalty for more than two centuries was caught up a battle between its Chinese owners and their lenders.
A U.S. Senate Republican coronavirus spending proposal to be introduced on Tuesday does not include new government assistance for U.S. airlines or airports, two aides said, as the sector races to save jobs before October.
Britain's Northern Ireland minister said on Tuesday that proposed legislation for Britain's internal market - which the EU fears could undermine the Brexit divorce deal - would break international law "in a limited way".
Boeing Co secured its first 737 MAX order in 2020, while also recording more cancellations as customers continued to ditch orders for the grounded MAX jets, monthly data showed on Tuesday.
Boeing Co secured its first 737 MAX order in 2020, but the U.S. planemaker added more cancellations as customers ditched orders for the grounded MAX jets and overall aircraft deliveries fell to 13 in August, monthly data showed on Tuesday.
Ryanair launched on Tuesday an 850 million euro ($1 billion) bond sale, its first in three years, a sign European bond markets are starting to reopen to the aviation sector.
Shareholders backed IAG's plan to raise 2.75 billion euros ($3.25 billion) in equity at a virtual meeting on Tuesday that saw the airline group's long-time CEO Willie Walsh hand over to insider Luis Gallego.
“ Damaging,” “reckless” and “disastrous” are some of the words Joe Biden has used to describe tariffs imposed by Donald Trump on allies and rivals alike.
Marijuana producer Aurora Cannabis Inc on Tuesday appointed insider Miguel Martin as its chief executive officer and said it would record up to C$1.8 billion ($1.37 billion) in impairment charges in the fourth quarter.
Robots are not efficient enough for Tesla's new car factory in Germany, which plans to replace hundreds of them with giant aluminium casting machines to build simpler chassis parts, a person familiar with the matter told Reuters.
JBS SA, the world's largest meatpacker, has vowed to keep the world fed during the coronavirus pandemic. Executives say the company has added more than 15,000 new workers in Brazil this year to crank out cuts of chicken, pork and beef, a lot of it for export. The meat giant's $629 million second-quarter net profit was almost twice what analysts expected. [nL1N2FF2I9]
Commodities trader Trafigura said on Tuesday it has launched a financing platform of up to $500 million for low-carbon aluminium with lenders Natixis SA and Rabobank, riding on the trend towards sustainable metal production.
British airline easyJet is reducing its flying schedule after demand has been hit by frequent changes in government restrictions on travel, including quarantine measures.
Britain's FTSE 100 index is seen opening 5 points higher at 5,942 on Tuesday, according to financial bookmakers, with futures seen up 0.4% ahead of cash market open.
Britain's biggest sportswear retailer JD Sports reinstated its annual guidance on Tuesday, saying it was encouraged by its performance since stores reopened thanks to the easing of coronavirus-led restrictions.
Britain's biggest sportswear retailer JD Sports reinstated its annual guidance saying it was encouraged by its performance since stores reopened, as it posted a lower first-half pretax profit due to coronavirus-driven closures.
British airline easyJet said on Tuesday it would reduce its flying schedule after demand has been hit by constantly changing government restrictions on travel, including wider quarantine measures.
Britain began a fresh round of Brexit trade talks by warning the European Union that it was ramping up preparations to leave the bloc without an agreement as the two sides bicker over rules that govern nearly $1 trillion in trade.
Reuters
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