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AirAsia X Bhd needs creditors' support to ride out the coronavirus crisis, the Malaysian long-haul budget airline said on Wednesday, as it posted a quarterly loss and revenue plunge.

A 61-year-old man has died in the Gaza Strip after contracting the coronavirus, Palestinian authorities said on Wednesday as they clamped down on an outbreak of the pandemic in the enclave.

United Company Rusal has decided to pull out of an aluminium trading joint venture in southern China, partly due to concerns over the low volumes it has been selling, three sources with knowledge of the matter said.

China's food supplies remain stable and consumers should not be "overly anxious" or even resort to "panic buying", a senior agriculture ministry official said on Wednesday, following recent uncertainty caused by the coronavirus pandemic.

With chat groups, video streams and low prices for foundation, China's Perfect Diary has emerged from nowhere four years ago to become a cosmetics giant for the digital age, trailing only L'Oreal and LVMH in the world's no. 2 market for make-up.

Brazilian labor prosecutors have sued JBS SA to compel the removal of workers at one of its chicken processing plants, asking the company to assess their health, and ultimately test them for the novel coronavirus, according to a statement on Tuesday.

(RTTNews) - Oil prices moved higher on Tuesday, fueled by storm-driven production cuts in the U.S. Gulf Coast as traders look ahead to API inventory data.

For the precious metals industry, the entire value chain for gold, from the upstream supply chain to the wholesale market down to retail distribution, has felt the impact of economic and logistics disruptions catalyzed by COVID.

(RTTNews) - Gold prices dropped on Tuesday and the dollar also slipped as investors looked ahead to Thursday's speech from Federal Reserve chairman Jerome Powell at Jackson Hole for further cues on U.S. monetary policy.

The Botswana government said there was no guarantee that it would be able to renew a new 10-year sales agreement with De Beers before the end of December, when the current one expires, as the coronavirus pandemic has delayed negotiations.

Brazilian food producer Central Cooperativa Aurora has voluntarily suspended poultry exports to China from one of its plants starting Aug. 20, the Chinese customs authority's website showed on Tuesday.

Hurricane Laura was bearing down on the U.S. Gulf Coast on Tuesday, threatening fierce winds and storm surge from San Luis Pass, Texas to Ocean Springs, Mississippi and prompting thousands to evacuate before an expected Thursday landfall.

Virgin Atlantic's trade creditors voted on Tuesday in favour of a 1.2 billion pound ($1.6 billion) rescue plan, moving the airline a step closer to completing a restructuring designed to secure its future beyond the coronavirus crisis.

American Airlines said on Tuesday its workforce will shrink by 40,000, including 19,000 involuntary cuts, in October as the COVID-19 pandemic continues to weigh on air travel, unless the government extends aid for airline employee payrolls.

American Airlines said on Tuesday it will cut 19,000 U.S. jobs in October as the COVID-19 pandemic continues to weigh on air travel, unless the government extends aid for airline employee payrolls.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

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Fitbit Inc on Tuesday unveiled a fitness tracker and two smartwatches, including one that purports to help monitor users' stress levels, as the company's pending sale to Alphabet Inc's Google remains mired in antitrust reviews globally.

Thailand’s bankruptcy court on Tuesday said it will hand down its decision on Thai Airways International Pcl’s request for restructuring on Sept. 14.

Tesla Inc CEO Elon Musk has suggested the U.S. electric carmaker may be able to mass produce batteries with 50% more energy density in three to four years, which could even enable electric airplanes.