French luxury goods giant LVMH and U.S. jewellery chain Tiffany will give themselves another three months to complete their $16.2 billion tie-up after the deal did not close on the Aug. 24 date set out in deal documents, a source familiar with the discussions said.
(RTTNews) - Gold prices were down on Monday as risk appetite faded on hopes for a coronavirus treatment in the face of a resurgence of virus cases around the world.
EssilorLuxottica on Monday lost a Dutch court case in which the eyewear maker was seeking to obtain more information from acquisition target GrandVision about its management of the coronavirus crisis.
Bolivia's San Cristóbal mine, a huge deposit of zinc, lead and silver, has suspended operations for a second time due to the coronavirus outbreak, it said on Monday, as COVID-19 infections continued to spread in the landlocked South American nation.
Canada largely won a case before the World Trade Organization on Monday in a long-running dispute with the United States over U.S. duties imposed on Canadian softwood lumber exports.
The World Trade Organization largely backed a Canadian complaint on Monday against the United States' imposition of duties on Canadian softwood lumber exports to counter what it saw as unfair subsidies.
Britain said on Monday it would start a consultation process on a potential new law which would force big companies to clean up their supply chains by fining them if they used products grown on illegally deforested land.
Dry weather and storm damage across the U.S. Midwest coupled with strong U.S. export demand sparked speculators' biggest buying week in Chicago-traded grains and oilseeds in over a year, and soybeans led the charge.
Hedge funds continued to switch their focus from crude oil to refined fuels last week – betting refinery margins are too low and will have to rise even as signals about the benchmark oil prices remain conflicting.
China's July aluminium imports leapt nearly sevenfold year-on-year to their second-highest level on record, customs data showed, as a rare price phenomenon saw the world's top exporter of the metal turn net importer for the first time since 2009.
Delta Air Lines has doubled its staffing to handle revamped pre-flight "pit stops" for deeper cleaning and wants to ensure that tray tables and restroom door handles are germ-free with a new testing process, an executive told Reuters.
South African retail chain Edcon has signed an agreement to sell parts of its business to private equity-backed Retailability Ltd, administrators in charge of its restructuring said on Monday.
Industries Qatar (IQ) has bought Qatar Petroleum's 25% stake in Qatar Fertiliser Co (QAFCO) for $1 billion, the company said, making IQ the 100% owner of the world’s largest single site urea producer.
Indonesia's central bank plans to issue a new regulation requiring that large exporters of natural resources convert some of their foreign exchange earnings into rupiah, Governor Perry Warjiyo told a parliamentary hearing on Monday.
Industries Qatar (IQ) has bought Qatar Petroleum's 25% stake in Qatar Fertiliser Co (QAFCO) for $1 billion, the company said, transforming IQ into a 100% owner of the world’s largest single site urea producer.
Qantas Airways Ltd said on Monday its international division head Tino La Spina would leave the company, in a cost-saving move at a time when the airline has grounded all international flying due to the coronavirus pandemic.
Qantas Airways Ltd said on Monday its international division head Tino La Spina would leave the company, in a cost-saving move at a time when the airline has grounded all international flying due to the coranvirus pandemic.
China's July aluminium imports leapt nearly sevenfold year-on-year to their second-highest level on record, customs data showed, as a rare price phenomenon saw the world's top exporter of the metal turn net importer for the first time since 2009.