Chinese regulators said they would penalise Luckin Coffee after confirming accounting fraud that has already forced the company to delist from the U.S. Nasdaq exchange.
Under Armour Inc reported a smaller-than-expected quarterly loss on Friday, as it sold more merchandise online with customers staying at home during the coronavirus lockdowns, sending its shares up about 16% in premarket trading.
Sportswear maker Under Armour Inc beat analysts' estimates for quarterly revenue on Friday, as consumers shopped more online during the coronavirus lockdowns, sending its shares up about 8% in premarket trading.
Air Canada reported a loss for the second quarter on Friday, hit by a plunge in passenger numbers as coronavirus-driven travel restrictions slammed demand.
(RTTNews) - Oil prices rebounded from three-week lows on Friday, even as the upside remained limited after the release of mixed economic data from China, Japan and Europe.
Air Canada reported a loss for the second quarter on Friday, hit by a plunge in passenger numbers as coronavirus-driven travel restrictions slammed demand.
Ukraine said on Friday that its first round of talks with Iran about the downing of a Ukrainian airliner shortly after takeoff in Tehran in January had been constructive, and that it was determined "to bring Iran to justice".
Most of us have accepted COVID-19 face masks as an inconvenient, albeit necessary, safety measure. For the style conscious like James Maina Mwangi, however, they are an unmissable fashion opportunity.
China's Ministry of Finance will impose administrative penalties on Luckin Coffee after it confirmed an accounting fraud that forced the onetime market player to delist from NASDAQ.
China's state planner said on Friday that it will encourage foreign investment in livestock and poultry breeding, as well as plant-based meats substitutes, from this year.
Ukrainian Foreign Minister Dmytro Kuleba said on Friday that talks with Iran about the downing of a Ukrainian airliner in January were constructive but it was too early to say how much compensation Tehran would agree to pay.
Britain's FTSE 100 index is seen opening 12 points higher at 6,002 on Friday, according to financial bookmakers, with futures up 0.6% ahead of cash markets open.
IAG, owner of British Airways, said it planned to raise 2.75 billion euros in a capital increase backed by its biggest shareholder Qatar Airways, to strengthen its finances after the pandemic wiped out travel.
Spanish travel technology firm Amadeus posted a 231 million euro ($274.57 million) loss in the second quarter, the first in a decade, as the COVID-19 pandemic grounded airlines around the world.
United Airlines said on Thursday it has decided to drop its contract with ExpressJet, and consolidate all of its outsourced flying on 50-seat planes with regional rival CommutAir.
United Airlines said on Thursday it has decided to drop its contract with ExpressJet, which operates 50-seat planes under the United Express banner, and consolidate all of its routes on that aircraft with rival regional carrier CommutAir.
Chinese buyers booked their single biggest-ever purchase of U.S. corn, extending their flurry of large U.S. purchases even as tensions between Washington and Beijing rise.
United Airlines has told its pilots it may need more furloughs than originally planned this year and next due to a worsening industry outlook as COVID-19 cases rise, unless there is another bailout or unions agree to reduce costs until demand returns, a memo reviewed by Reuters showed.
United Airlines has told its pilots it may need to furlough more than originally planned this year and next due to the impact of a recent increase in COVID-19 cases on its business, a memo reviewed by Reuters showed.