Argentina's state takeover of embattled soy crusher Vicentin is stirring up the country's giant export market of processed soy, the largest in the world, handing the government a strategic toehold in the important sector.
Argentina's state takeover of embattled soy crusher Vicentin is stirring up the country's giant export market of processed soy, the largest in the world, handing the government a strategic toehold in the important sector.
Ivory Coast's Coffee and Cocoa Council (CCC) is introducing reforms aimed at boosting domestic exporters, including by reducing fees they pay when acquiring beans, CCC and industry sources said.
Boeing Co deliveries slowed even further in May from April as the coronavirus pandemic's crushing impact on airlines added to a year of crisis following the grounding of its 737 MAX planes, company data showed on Tuesday.
Saudi Arabia's cabinet on Tuesday approved a new mining law that aims to accelerate foreign investment in the sector as part of efforts to diversify its economy away from hydrocarbons.
Britain's largest union said on Tuesday it would hold a ballot for industrial action later this month over the closure of two coal-fired generation units at Drax Group's Selby power plant in north Yorkshire.
Boeing Co deliveries worsened even further in May compared to April as the coronavirus pandemic's crushing impact on airlines added to a year of crisis following the grounding of its 737 MAX planes, company data showed on Tuesday.
The relief rally in oil may be coming to an end as oil market fundamentals are turning bearish once again and pointing to Brent Crude slipping back to $35 in the short term, Goldman Sachs said on Monday, citing still uncertain demand recovery
South African state airline SA Express escaped liquidation on Tuesday after a judge granted a three-month delay in liquidation proceedings, giving the government more time to clarify its plans for the domestic and regional carrier.
Palestinian Prime Minister Mohammad Shtayyeh on Tuesday said he was unaware that a plane from the United Arab Emirates was to fly to Israel carrying medical aid for the Palestinians.
The coronavirus crisis will lead the airline industry into record annual losses of $84 billion as 2020 goes down as the "worst year in the history of aviation", the sector's main global body predicted on Tuesday.
The United Kingdom told the European Union on Tuesday to speed up negotiations on a Brexit free trade deal, cautioning that there was no point in having an 11th-hour agreement that would cause havoc for businesses and citizens.
Emirates, one of the world's biggest long-haul airlines, laid off more pilots and cabin crew on Tuesday as it it manages a cash crunch caused by the global coronavirus pandemic, and plans thousands of additional job cuts, five company sources said.
Norwegian Air, which has grounded most of its fleet due to the COVID-19 outbreak, is seeking approval from shareholders to potentially issue more shares at short notice as part of its recovery plan, the budget airline said on Tuesday.
There is no point having an 11th-hour Brexit free trade deal, so the format and pace of negotiations with the European Union needs to change, a junior minister said on Tuesday.
Britain said on Tuesday that the political declaration it agreed with the European Union is not a treaty and so there are differences of interpretation over it and the bloc cannot set itself up as the ultimate adjudicator of those differences.
U.S. luxury jeweler Tiffany & Co said on Tuesday it had amended certain of its debt agreements in order to have sufficient liquidity to navigate the coronavirus outbreak as it posted a 43% slump in quarterly sales.
South African state airline SA Express escaped liquidation on Tuesday, after a judge granted a three-month delay in liquidation proceedings, giving the government more time to clarify its plans for the domestic and regional carrier.
Reuters
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