The U.S. Department of Transportation said it has revoked permission for Pakistan International Airlines (PIA) to conduct charter flights to the United States, citing Federal Aviation Authority (FAA) concerns over Pakistani pilot certifications.
The London Metal Exchange on Thursday started its push for more transparency on metal availability by publishing, for the first time, stocks of metal in its global storage network that could be put on warrant and traded on the exchange.
Canada's decision to allow some pilot training normally performed in simulators to be conducted in the air because of coronavirus is facing opposition from pilots afraid of increased risk in the cockpit.
The London Metal Exchange started on Thursday to publish stocks of metal in its global storage network that could be put on warrant and traded on the exchange to increase market transparency, the exchange said in a release.
Starbucks Corp said on Thursday customers would have to wear face coverings at all company-owned U.S. stores, starting July 15, to contain the spread of the novel coronavirus.
Delta Air Lines is cautious about adding more flights to its schedule due to spikes in coronavirus cases through the southeast and southwest of the United States, Chief Executive Ed Bastian said in an employee memo on Thursday.
U.S. Treasury Secretary Steven Mnuchin said on Thursday that he supports another round of direct payments to individuals as part of the next coronavirus legislation and is working to get it passed by Congress by the end of July.
Brazilian mills produced 23% more sugar in the second half of June than in the same period a year earlier, industry group Unica said on Thursday, adding that ethanol exports in June were "surprising" with a 44% growth year-on-year.
American Airlines Group Inc said on Thursday it delayed flights to Hong Kong, a day after the city introduced mandatory virus tests for all arriving crew members.
LATAM Airlines, the largest airline group in Latin America, said Thursday it had secured an additional $1.3 billion for its financing proposal before a New York bankruptcy court, while adding its unit in Brazil to the debt restructuring process.
Buyout group Apax is preparing the sale of German pharma group Neuraxpharm to try to lock in high valuations in the healthcare sector, fuelled by the coronavirus pandemic, sources familiar with the matter said.
LATAM Airlines, the largest airline group in Latin America, said Thursday it had secured an additional $1.3 billion for its financing proposal before a New York bankruptcy court, while adding its unit in Brazil to the debt restructuring process.
The French government backed union calls to avoid compulsory job cuts at Airbus on Thursday as several hundred workers marched from the company's headquarters to Toulouse-Blagnac airport.
Syria could face severe bread shortages for the first time since the start of the war, another challenge for President Bashar al-Assad as he grapples with an economic meltdown and fresh U.S. sanctions, a U.N. official, activists and farmers said.
China's dwindling pace of meat imports, thanks to its tough measures against coronavirus contamination, will provide further support for prices already buoyed by a severe shortage of pork, analysts said.
Air Namibia will be allowed to temporarily operate commercial flights after a court late on Wednesday suspended the cancellation of its air licence, the airline said on Thursday.
Canada's capital market saw a rise in equity and debt deals in the first half of 2020, as companies fortified their balance sheets to deal with the economic slump sparked by the COVID-19 pandemic, but merger activity fell.
Emirates laid off more pilots and cabin crew this week in another round of job cuts as the Gulf airline shrinks its workforce due to the coronavirus pandemic, four sources said.
Indian conglomerate Tata Sons [TATAS.UL] is in talks to buy out AirAsia Group Bhd's stake in their airline joint venture in India at a steep discount, the Business Standard newspaper reported on Thursday, citing banking sources.