China reported two new coronavirus infections in its capital on Friday, a day after the city government declared its first case in nearly two months, and moved to delay plans for some students to return to school.
Mothercare's Irish franchise owner placed its 14 baby products stores into liquidation on Friday, becoming one of the first major retail outlets in Ireland to blame the coronavirus lockdown for its demise.
British Airways, easyJet and Ryanair have launched legal action against the UK government's quarantine policy, asking for a judicial review to be heard as soon as possible.
Olivier Gore-Bi took out loans to ready his 12-acre cashew farm in Ivory Coast for harvest. He is now leaving some of his crop to rot after the COVID-19 pandemic accelerated a fall in prices in the world's top cashew-farming region to unprofitable lows.
Ryanair is likely to book a net loss of 200 million euros to 300 million euros ($226 million-$339 million) in the fiscal year ending on March 31 2021, Chief Executive Michael O'Leary told Spanish newspaper Expansion.
Turkish Airlines will resume some international flights this month to China, South Korea and the United States among other destinations, the airline said on Friday, a day after it began restarting such services.
Round-up of South Korean financial markets: ** South Korean shares were on track to post their first weekly drop in a month as they slumped on Friday, tracking a rout on Wall Street on renewed fears of a second wave of coronavirus infections. The Korean won weakened, while the benchmark bond yield fell.
Latin American countries should quicken steps for airlines to renew domestic flights no later than July before more companies are forced to declare bankruptcy or close, a high-ranking official of the International Air Transport Association (IATA) said on Thursday.
Air Canada Chief Executive Officer Calin Rovinescu on Thursday urged the Canadian government to relax travel restrictions as they have been hurting the company's sales, Bloomberg News reported.
The United Kingdom has abandoned its plan to introduce full border checks with the European Union on Jan. 1 as British ministers face pressure from businesses not to increase chaos already caused by the coronavirus outbreak, the Financial Times newspaper reported https://on.ft.com/37k1mxW.
A report commissioned by a U.S. regulator on climate-related risks to financial markets, the first of its kind, will be ready next month and will include specific policy recommendations for federal oversight, the head of the panel preparing it said on Thursday.
A group of bondholders of LATAM Airlines Group SA is in talks to supply up to $1.5 billion in a debtor-in-possession loan within the Chapter 11 proceeding in the United States, two people with knowledge of the matter said on Thursday.
Lululemon Athletica Inc's first-quarter revenue and profit fell below Wall Street expectations as the yoga apparel maker's stores were closed due to coronavirus-led lockdowns, sending shares down 6% after the bell on Thursday.
A planned bid by Glencore to buy out the remaining stake in its Argentine soy crushing joint venture Renova will likely be scuttled by the government's plan for a state takeover of bankrupt partner Vicentin, two sources close to the situation told Reuters.
In trading on Thursday, shares of First Majestic Silver Corp (Symbol: AG) crossed below their 200 day moving average of $9.44, changing hands as low as $9.22 per share. First Majestic Silver Corp shares are currently trading down about 10.3% on the day. The chart below shows
U.S. Treasury Secretary Steven Mnuchin said on Thursday he was considering possible changes to the definitions of companies that could access $17 billion in coronavirus loans for companies important to national security.
The Lebanese pound changed hands at just under 5,000 to the dollar on a parallel market on Thursday, four market participants said, defying government efforts to arrest a steep decline.
Auto parts suppliers across North America said they are encouraged as major automakers accelerate production after coronavirus pandemic shutdowns, but are holding back on hiring and investment because of longer-term uncertainty.
Auto parts suppliers across North America said they are encouraged as major automakers accelerate production after coronavirus pandemic shutdowns, but are holding back on hiring and investment because of longer-term uncertainty.
Delta Air Lines Inc next week is launching a program to test employees for active COVID-19 and antibodies under a partnership with the Mayo Clinic and Quest Diagnostics Inc, Chief Executive Ed Bastian said in an employee memo on Thursday.