American Airlines Group Inc shares jumped by 25% after it said Thursday it will significantly boost its U.S. flight schedule next month after dramatic reductions caused by the coronavirus pandemic, flying more than 55% of its July 2019 domestic capacity.
EU regulators are set to warn Ray-Ban maker EssilorLuxottica that its 7.2 billion euro ($8.1 billion) bid for opticians group GrandVision may harm competition, people familiar with the matter said, pressuring the group to offer concessions.
EU antitrust regulators will warn EssilorLuxottica that its 7.2-billion-euro ($8.1 billion) bid for Dutch opticians group GrandVision could harm competition, people familiar with the matter said on Thursday.
Malaysia's flagship budget carrier AirAsia Group Bhd is evaluating proposals for raising capital to strengthen its equity base and liquidity, the company said in a statement Thursday.
The advance of renewable energy and electric vehicles (EVs) has incentivized scientists to look into various ways to solve the problem with efficient energy storage, which is the key to wider adoption of green energy technologies.
Malaysia's flagship budget carrier AirAsia Group Bhd is evaluating proposals for raising capital to strengthen its equity base and liquidity, the company said in a statement Thursday.
Brazil’s recent soybean exports have been astronomically high, but assuming there is a finite supply of the oilseed in the top exporter, that should give the United States a chance to notably increase shipments in the months ahead, something it desperately needs.
American Airlines Group Inc said Thursday it will boost its U.S. flight schedule next month over dramatic reductions since the coronavirus pandemic, planning to fly more than 55% of its July 2019 domestic capacity.
Brazilian meatpackers JBS SA, Marfrig and Minerva purchased thousands of cattle linked to deforestation of the Amazon rainforest since 2018, advocacy group Greenpeace Brasil alleged in a report published on Thursday.
The boss of British Airways said its parent company IAG was burning through 178 million pounds ($223 million) a week and could not guarantee its survival, prompting him to urge unions to engage over 12,000 job cuts.
The beleaguered U.S. dollar got some respite on Thursday as Wednesday's ADP jobs survey showed 2.8 million jobs being lost, far short of forecasts of 9 million lost, and the ISM non-manufacturing PMI also beat estimates, though it continues to show a contraction.
LVMH said on Thursday it did not plan to buy shares in Tiffany on the market, which would be one way for the French luxury goods group to buy the U.S. jeweller for less than the $16.2 billion agreed in last year's acquisition deal.
Emirates and Etihad Airways will resume some transit flights after the United Arab Emirates (UAE) lifted a suspension on services where passengers stop off in the country to change planes, or for refuelling.
German group Bayer AG has been blocked from selling its dicamba-based weed killer in the United States, the latest setback for a business that is already fighting an expensive legal battle over another of its products.
Austrian business and labour groups have struck a deal on a collective wage agreement at Ryanair's Lauda airline to ensure its Vienna base will not shut down, though the parent company has yet to approve it, those groups said on Thursday.
Fifteen U.S. airlines were granted final government approval on Wednesday to temporarily halt service to 75 domestic airports as travel demand has been crushed due to the coronavirus pandemic.
Malaysia's exports tumbled 23.8% in April from a year earlier, the steepest fall in a decade, as the COVID-19 pandemic badly disrupted the global supply chain, the government said on Thursday.
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