Aviation training specialists, which saw simulator sales plummet when the coronavirus pandemic brought air travel to a near halt, are getting some relief from an uptick in demand from cargo carriers and airlines gearing up for the Boeing 737 MAX's return to service.
In trading on Monday, shares of Materion Corp (Symbol: MTRN) entered into oversold territory, changing hands as low as $54.405 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o
In trading on Monday, shares of ArcelorMittal SA (Symbol: MT) crossed above their 200 day moving average of $12.84, changing hands as high as $13.07 per share. ArcelorMittal SA shares are currently trading up about 2% on the day. The chart below shows the one year performanc
Turkish Airlines will sharply cut wages of its crews and groundstaff but will avoid layoffs under a union-agreed deal as it seeks to recover from the impact of the coronavirus pandemic, a union official said on Monday.
Canadian farmers are set to harvest the biggest wheat crop in seven years and slightly less canola, Statistics Canada said on Monday in its first production estimates.
Rainfall last week in most of Ivory Coast’s cocoa-growing regions was sufficient for the development of the October-to-March main crop even though rain levels remained below average, farmers said on Monday.
Aluminium products company China Zhongwang Holdings has scaled back its European sales operation in a move that two sources close to the matter said is a result of EU anti-dumping investigations and the coronavirus-induced economic downturn.
Norway's $1 trillion wealth fund said it has excluded Taiwan's Formosa Chemicals and Fibre, Formosa Taffeta and India's Page Industries from its portfolio, saying they posed an "unacceptable risk for violation of human rights".
Japanese investors are putting their money on Chief Cabinet Secretary Yoshihide Suga taking over as Japan's next prime minister, and extending the economic policies that defined his predecessor's nearly eight years in office.
Central European currencies were mixed, while stocks opened higher on Monday tracking Asian and European shares which rose on Chinese data that fuelled hopes for economic recovery despite rising coronavirus infections in the world.
Indonesian shares fell more than 1% on Monday, weighed down by a surge in new COVID-19 cases and the discovery of a more infectious mutation of the coronavirus in the country as the impact of upbeat Chinese services sector data faded.
Norway's $1 trillion wealth fund has excluded Taiwan's Formosa Chemicals and Fibre and Formosa Taffeta, as well as India's Page Industries, from its portfolio for alleged human rights violations related to the way the firms produce textile, the Norwegian central bank said on Monday.
Swissport is getting new owners in a debt-for-equity swap that includes a 500 million euros ($595.20 million) long-term debt facility and a 300 million euros interim facility to help keep it afloat, the airport services company said on Monday.
Swissport is getting new owners in a debt-for-equity swap that includes a 500 million euros ($595.20 million) long-term debt facility and a 300 million euros interim facility to help keep it afloat, the airport services company said on Monday.
Emirates airline has received 7.3 billion dirhams ($2 billion) from the government of Dubai as it faces a cash crunch caused by the COVID-19 pandemic, a bond prospectus seen by Reuters shows.
Swissport will get new owners in a debt-for-equity swap that includes a 500 million euros ($595.20 million) long-term debt facility and a 300 million euros interim facility to help keep it afloat, the airport services company said on Monday.
Shanghai copper prices were set for their fifth straight monthly gain on Monday, the longest monthly winning streak in 11 years, on a strong rebound of the coronavirus-hit Chinese economy.
China said on Monday it had launched an anti-subsidy investigation on some wine imports from Australia, two weeks after announcing it had begun an anti-dumping probe on such imports.
Reuters
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