Boeing Co is aiming to conduct a key certification test flight on its grounded 737 MAX jet in late June, two people briefed on the matter said on Wednesday.
American Airlines Group Inc and Delta Air Lines Inc said on Wednesday that a modest recovery in demand was helping to slow daily cash burn rates in June after the U.S. government reported record low passenger numbers in April amid the coronavirus pandemic.
Food processor BRF SA has closed its largest plant in Brazil since last Friday as it tests some 8,600 workers there for the novel coronavirus, the company said in a statement on Wednesday.
Britain is seeking a trading relationship with the European Union that is too close to that of an EU member, the EU's Brexit negotiator Michel Barnier said on Wednesday, urging London to adjust its demands in the four months left to reach a deal.
Britain's biggest pilots union welcomed a lawmaker's attempt to ban companies from forcing employees to accept inferior terms through "fire and rehire" tactics, a practise which it says British Airways is using.
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U.S. carrier Delta Air Lines on Wednesday forecast a 90% plunge in second-quarter revenue and warned it would need to renegotiate its debt agreements to avoid a default next year.
Starbucks Corp said on Wednesday it expected current-quarter operating income to plunge by up to $2.2 billion, with sales declines for the rest of the year even as stores reopen following easing of coronavirus lockdowns.
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U.S. carrier Delta Air Lines said on Wednesday it expects to have $10 billion in cash, cash equivalents, short-term investments and borrowing capacity by year-end.
Russian aluminium giant Rusal's raw materials supplies for its Siberian Achinsk alumina plant, the largest in Russia, have been halted by damaged rail infrastructure, it said on Wednesday.
Saks Fifth Avenue owner Hudson's Bay Company is preparing a bond offering to shore up its finances, the latest retailer to do so after the novel coronavirus pandemic forced widespread store closures, according to people familiar with the matter.
Crude traders are anticipating a substantial reduction in global stocks over the next year as consumption recovers after the coronavirus epidemic and output cuts by OPEC+ and shale producers whittle away excess inventories.
A Chinese vaccine against African swine fever appears to be safe in clinical trials now underway, the official Xinhua news agency said on Wednesday, a step closer to preventing one of the world's most devastating livestock diseases.
German minerals miner K+S aims to agree a sale of its salt business in the Americas by the end of 2020 and has applied for an additional state-secured credit line to cut debt, Chief Executive Burkhard Lohr said on Wednesday.
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European officials aim to speed up trials for coronavirus vaccines containing genetically modified organisms, two EU sources told Reuters, in a move that could help shots developed by companies like AstraZeneca and Johnson & Johnson.