Lufthansa has drawn up a plan to prevent an insolvency should a virtual extraordinary shareholders' meeting on Thursday fail to approve a $10 billion government bailout, a company source told Reuters on Wednesday.
The site near the city of Jajarm is home to a secret facility set up by Iran’s elite security force, the Islamic Revolutionary Guards Corps, that has been producing aluminium powder for use in its missile programme, according to
a former Iranian government official and documents relating to the facility he shared with Reuters.
Indonesia's anti-trust agency has found seven airlines guilty of hurting consumers by lifting airfares at the same time last year, but the carriers were not found to be acting as a cartel, the agency said in a statement late on Tuesday.
Up to 20,000 jobs could go at Britain's airports, an industry group warned, calling on the government to do more to help an aviation industry that was shut down by the COVID pandemic and is now struggling to restart due to quarantine rules.
Indigo Partners-backed JetSMART presented Brazil's air travel regulator, ANAC, on March 10 with a plan to enter the domestic market and disrupt the three established players there, ANAC told Reuters.
Emirates, one of the world's biggest long-haul airlines, has suspended flights from Pakistan after passengers tested positive for coronavirus in Hong Kong, it said on Wednesday.
After five years of often back breaking work on a Malaysian palm oil plantation, Bangladeshi national Babul told his employer this month he was ready to call it quits.
Online wine subscription company Naked Wines said on Wednesday revenue soared 81% during the first two months of fiscal year 2021, with people ordering more wine for delivery during the coronavirus-led lockdown.
Indonesia's anti-trust agency has found seven airlines guilty of hurting consumers by lifting airfares at the same time last year, but the carriers were not found to be acting as a cartel, the agency said in a statement late on Tuesday.
Virgin Australia Holdings Ltd bondholders lodged a recapitalisation proposal with the airline's administrator on Wednesday, rivalling bids from Bain Capital and Cyrus Capital Partners, according to a person with knowledge of the matter.
A group of 29 global investment firms that manage $3.7 trillion are demanding meetings with Brazilian diplomats around the world to call on right-wing President Jair Bolsonaro's government to stop soaring deforestation in the Amazon rainforest.
Virgin Australia Holdings Ltd bondholders lodged a recapitalisation proposal with the airline's administrator on Wednesday, rivaling bids from Bain Capital and Cyrus Capital Partners, according to a person with knowledge of the matter.
French unions and a regional body slammed a decision by Airbus to cancel plans to bring some engine work in-house on Tuesday, saying it would cost 350 French jobs.
Brazilian beef producers JBS SA and Minerva, at the request of Chinese authorities, have signed declarations saying their exports are free of the novel coronavirus, according to a source at each company familiar with the matter.
The U.S. Chamber of Commerce on Tuesday said it firmly opposed reported plans by the Trump administration to re-impose 10% tariffs on aluminum imports from Canada this week, warning that Canada would likely retaliate against U.S. exports.
Brazilian beef producers JBS SA and Minerva have signed declarations requested by Chinese authorities saying their exports are free of the novel coronavirus, according to a source at each company familiar with the matter.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Canada on Tuesday denied its aluminum exports harm the U.S. market and is underlining this point to its American partners, a Canadian official said on Tuesday after Bloomberg reported Washington planned to reimpose tariffs.
India has imposed an anti-dumping duty on flat rolled steel products that are plated or coated with alloy of aluminium and zinc originating in, or from China, Vietnam and South Korea, according to a government order issued on Tuesday.
Reuters
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