Ryanair has no plans to reduce capacity to Spain after the British government advised against non-essential travel to the country due to COVID-19, a move Group Chief Executive Michael O'Leary called a "badly managed over-reaction".
Gold's record rally is moving tantalisingly close to the psychologically key $2,000 level, powered by investors seeking cover from COVID-19's global economic toll, as reflected in dollar weakness, faltering stocks and U.S.-China trade tensions.
Ryanair on Monday said it may reconsider plans to close bases at three Germany airports after pilots over the weekend dropped their opposition to a deal that will cut pay and change working conditions to reduce layoffs.
A top environmental judge in Chile renewed a call for a government-vetted water study to help stamp out lingering questions about sustainability that have cast a pall over Chile's lithium-rich Salar de Atacama.
Ratings agency Moody's on Monday downgraded the long-term senior unsecured bonds of Rolls-Royce to junk status, saying that the aviation market served by the British engineering firm has weakened and could fall further.
Ratings agency Moody's on Monday downgraded the long-term senior unsecured bonds of Rolls-Royce to junk status, saying that the aviation market served by the British engineering firm has weakened and could fall further.
Russian aluminium producer Rusal on Monday reported a 10% fall in its second quarter aluminium sales compared with a year ago as the new coronavirus outbreak hit demand for its metal.
London-listed airlines and tour stocks fell sharply on Monday as Britain imposed a two-week coronavirus quarantine on travellers returning from Spain and said it was watching cases in Germany and France closely, dealing a blow to an industry already reeling from a downturn.
Britain is watching coronavirus cases in Germany and France closely and continuously reviewing the situation in popular holiday destinations, a junior health minister said on Monday when asked about widening a quarantine for Spain.
Britain's FTSE 100 index is seen opening 15 points higher at 6,139 on Monday, according to financial bookmakers, with futures up 0.1% ahead of cash markets open.
Ryanair is not planning to reduce capacity flying to Spain after the British government's "regrettable" decision to advise against all non-essential travel to the country's mainland due to COVID-19, Chief Financial Officer Neil Sorahan said on Monday.
Ryanair, Europe's largest low-cost airline, reported a narrower than expected loss in its fiscal first quarter on Monday and said it was impossible to say whether it might turn an annual profit due to the impact of the COVID-19 pandemic.
Ryanair reported on Monday an after-tax loss of 185 million euros ($216.54 million) for the three months to June 30 after COVID-19 reduced traffic by 99%, and the airline said it was impossible to say whether it might turn a profit this year.
Spain is safe for tourists and Spaniards, the government insisted on Sunday after Britain abruptly imposed a two-week coronavirus quarantine on travellers returning from there, a decision that filled holidaymakers with dismay.
Smithfield Foods, the world's biggest pork processor, said workers cannot be socially distant in all areas of its plants, in response to U.S. senators who pressed meatpackers on coronavirus outbreaks in slaughterhouses.
Boeing Co is preparing to delay its all-new 777X jet by several months or up to a year, three people familiar with the matter said, as the COVID-19 crisis exacerbates a drop in demand for the industry's largest jetliners.
A $2.45 billion loan proposal for bankrupt LATAM Airlines by Oaktree Capital Management LP and the airline's shareholders has run into opposition from creditors, who say the debt package is too expensive.
A study of analyst recommendations at the major brokerages shows that Allegheny Technologies, Inc (Symbol: ATI) is the #47 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Ch
British Airways owner IAG said on Friday it is drawing up plans for a possible rights issue of up to 2.75 billion euros ($3.20 billion) to strengthen its balance sheet.