Athletic apparel maker Under Armour said on Saturday it will discontinue its partnership with UCLA - a 15-year, $280 million accord announced in 2016 that was billed as the largest apparel deal in the history of American collegiate sports.
International Consolidated Airlines Group is reviewing its planned 1 billion euro ($1.1 billion) acquisition of Air Europa because of the harsh economic climate caused by COVID-19, the CEO of IAG-owned Iberia was quoted on Sunday as saying.
Ghana's ruling New Patriotic Party (NPP) has picked incumbent Nana Akufo-Addo as its presidential candidate in this year's election, setting up a third consecutive head-to-head battle against former president John Dramani Mahama.
Top U.S. airline executives met on Friday with Vice President Mike Pence and other senior administration officials but did not come away with any commitments from the White House on mandating temperature checks for airline passengers.
Britain will ditch a 14-day quarantine period for people arriving from countries it deems to be lower risk for COVID-19 , the government said on Friday.
Chinese demands that overseas suppliers guarantee their food shipments are free of the novel coronavirus are causing some shippers to forego the China trade, an industry group representing U.S. produce growers said on Friday.
Ivory Coast’s national airline Air Cote d’Ivoire received 14 billion CFA francs ($24.09 million) from the government to keep it afloat as the coronavirus pandemic shut down flights, its chief executive said on Friday.
France said on Friday it would download the black boxes from a Ukrainian airliner downed by an Iranian missile in January, easing a stand-off over where they should be read.
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At least seven people have died in flash floods following torrential rains that have pummelled Ivory Coast's main city Abidjan in the past couple of days, authorities said on Friday.
Gap Inc has entered into a 10-year deal with rapper and fashion designer Kanye West to create a Yeezy line of clothing, both parties said on Friday, sending shares of the apparel retailer soaring 42%.
American Airlines said on Friday that flights will be booked to full capacity starting July 1, meaning that passengers may notice more crowded flights as more people continue to travel.
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The German government is making part of its 9 billion euro ($10.10 billion) bailout fund available to Lufthansa immediately after shareholders backed the rescue plan on Thursday, Der Spiegel magazine reported on Friday.
Kenya Airways has lost an estimated $100 million in revenue as a result of the COVID-19 pandemic and related lockdowns, CEO Allan Kilavuka told reporters on Friday.
The trade union battling British Airways (BA) has met investors in its parent company IAG, seeking to ramp up pressure on the airline over plans to cut staff, pay and conditions.
World markets are caught in a tug of war -- that much is clear from the gyrations in stocks, bonds and FX in the past week. Encouraging economic data provides the push for further stock market gains, surging coronavirus infections the pull on sentiment. These opposing forces have sent the S&P 500 up by as much 1.8% this week and down by as much as 2.4%, with Thursday's gains leaving it flat.
The trade union battling British Airways has met investors in its parent company IAG as it tries to ramp up pressure on the airline to stop it cutting staff pay and conditions by using the coronavirus pandemic as an excuse.
Reuters
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