South Africa plans to oppose an application by regional airline Airlink to put South African Airways (SAA) into provisional liquidation and prevent a meeting of SAA's creditors to discuss a restructuring plan, the government said on Monday.
Delta Air Lines Inc said on Monday it would resume flights between Seattle and Shanghai on June 25, making it the first U.S. airline to restart operations between the United States and China after flights were suspended in February due to the COVID-19 pandemic.
The U.S. Supreme Court on Monday turned away a challenge to President Donald Trump's tariffs on imported steel brought by an industry group that had argued that a key part of the law under which he imposed the duties violates the U.S. Constitution.
Delta Air Lines Inc said on Monday it would resume flights between Seattle and Shanghai-Pudong on June 25, the first U.S. airline to re-connect the United States and China after flights were suspended in February due to the COVID-19 pandemic.
Sri Trang Gloves Thailand (STGT) plans to raise 14.9 billion baht ($480.34 million) in an initial public offering (IPO), it said in a filing on Monday in the country's biggest IPO amid the coronavirus outbreak.
One of the encouraging aspects for those hoping for a V-shaped economic recovery from the novel coronavirus in China has been the increase in the price and demand for many key metals.
Behind a heavy red curtain, Neil Latchman checks the fit of a suit made especially for him by Maurice Sedwell, a tailors which has been making bespoke clothes in London since 1938.
Lufthansa shares fell on Monday as the German government held last-ditch talks with the airline group's biggest shareholder, who is threatening to block a 9 billion euro ($10 billion) bailout unless its terms are adjusted.
A group of creditors of South African retailer Edcon has made a court application to halt meetings scheduled for Monday to consider a proposed restructuring plan for the company which is under bankruptcy protection.
An Israeli company expects a fabric it has developed will be able to neutralise close to 99% of the coronavirus, even after being washed multiple times, following a successful lab test.
Turkey's Mediterranean coasts and historic attractions face a critical week as the government presses to open borders and salvage at least part of a tourist season already battered by the coronavirus pandemic.
The South African government on Monday said it planned to oppose an application by regional airline SA Airlink to put South African Airways (SAA) into provisional liquidation and prevent a meeting of SAA's creditors to discuss a restructuring plan.
The United States and Brazil lodged separate protests with Thailand over its ban on two farm chemicals earlier this month, documents reviewed by Reuters show, saying the "restrictive" and "serious" move could hurt key agricultural exports.
Norsk Hydro will reduce alumina output at its Alunorte plant in Brazil after a power outage that occurred when three electricity transmission towers collapsed at the firm's Paragominas bauxite mine, the company said on Monday.
Lufthansa shares slumped 5.7% on Monday morning after CEO Carsten Spohr said the company would seek to avoid a grounding and insolvency in a battle with the airline's biggest shareholder over the terms of a 9-billion-euro bailout.
China's notorious dog-meat festival has opened in defiance of a government campaign to improve animal welfare and reduce risks to health highlighted by the novel coronavirus outbreak, but activists are hopeful its days are numbered.
South Africa's Omnia Holdings said on Monday it is in talks to sell its Oro Agri division as part of the chemicals and fertiliser maker's turnaround and restructuring plans.
Reuters
Checked
21 minutes 23 seconds ago
This feed is responsible for generating the rss feed related to the topic Commodities