The Dutch finance minister said on Thursday the government will hold a news conference on Friday to release details of an aid package agreed by France and the Netherlands on his country's contribution to bail out Air France-KLM.
Nike Inc on Thursday reported a loss for the fourth quarter, as retailers had to shut stores for weeks due to lockdowns spurred by the COVID-19 pandemic, sending shares of the world's largest footwear company down 3.5%.
Nike Inc on Thursday reported a fourth-quarter loss, as retailers had to shut stores for weeks due to lockdowns spurred by the COVID-19 pandemic, sending shares of the world's largest footwear company down 3.3% in extended trading.
An appeals court in Brazil's southern Rio Grande do Sul state ruled that a plant operated by meatpacker JBS SA must close, overturning a lower labor court decision allowing it to open after an outbreak of the novel coronavirus, according to a statement from the state's labor prosecutors on Thursday.
Morocco's OCP Group expects a fertiliser plant in Ghana and an ammonia plant in Nigeria to be operational by 2024, the company's chief growth officer said, adding 2 million tonnes a year to its global output capacity.
France and the Netherlands are close to an agreement on a Dutch Air France-KLM bailout contribution, several sources with knowledge of the matter told Reuters on Thursday.
France and the Netherlands are close to an agreement on a Dutch Air France-KLM bailout contribution, three sources with knowledge of the matter told Reuters on Thursday.
British Airways, owned by IAG, has made a proposal to its cabin crew that would mean those taking on a corresponding role under its restructuring proposals would be paid at least 80% of their current basic rate, an internal letter said.
Lordstown Motors Corp unveiled its future electric pickup truck at an event on Thursday as the startup seeks to begin producing vehicles at a former General Motors factory in northeastern Ohio.
Lufthansa shareholders on Thursday backed a 9 billion euro ($10 billion) government bailout, securing the future of Germany's flagship airline after it was brought to the brink of collapse by the COVID-19 pandemic.
Morocco's OCP Group expects a fertiliser plant in Ghana and an ammonia plant in Nigeria to be operational by 2024, the company's chief growth officer said, adding 2 million tonnes a year to its global output capacity.
Lufthansa shareholders on Thursday backed a 9 billion euro ($10 billion) government bailout, securing the future of Germany's flagship airline after it was brought to the brink of collapse by the COVID-19 pandemic.
A vote on a restructuring plan for loss-making South African Airways (SAA) was delayed until next month on Thursday, after some creditors and trade unions secured an adjournment after months of wrangling over the airline's future.
France and the Netherlands are close to an agreement on a Dutch Air France-KLM bailout contribution, three sources with knowledge of the matter told Reuters on Thursday.
Sabanci Holding aims to expand in areas where the Turkish conglomerate already has expertise such as energy and material technologies and is seeking investment abroad, its Chief Executive Cenk Alper said on Thursday.
Gulf airline Emirates needs to redefine its strategy after the coronavirus pandemic brought global aviation to a near halt, its chief operating officer said on Thursday, flagging an increased focus on bringing more visitors to Dubai.
Delta Air Lines expects to add about 1,000 flights in August but not many more for the remainder of the year, Chief Executive Ed Bastian said in an internal memo on Thursday that mentioned a resurgence of COVID-19 in parts of the country.
Norway's ambition to build a full-scale carbon capture and storage (CCS) chain could cost around $25 billion crowns ($2.58 billion), including operating costs for ten years, an economic analysis showed on Thursday.
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