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More than a quarter of the confirmed novel coronavirus cases in Brazil's southernmost state of Rio Grande do Sul are among meat plant workers, the labor prosecutors' office said on Monday.

Lufthansa's supervisory board said on Monday it had approved a 9 billion euro ($10 billion) government bailout that will force the German airline to give some of its prized landing slots to rivals.

Lufthansa's supervisory board said on Monday it had approved a 9 billion euro ($10 billion) government bailout that will force the German airline to give some of its prized landing slots to rivals.

British finance minister Rishi Sunak told traders at a London street market on Monday that business would pick up in coming days as people started to get their lives back to normal following the government's easing of the coronavirus lockdown.

Helicopter and jet makers are turning to digital technology so customers can inspect their big-ticket purchases remotely before taking delivery, as they strive to push through deals paralysed by the coronavirus pandemic and bring in much needed cash.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

State-owned Chinese firms bought at least three cargoes of U.S. soybeans on Monday, even as sources in China said the government had told them to halt purchases after Washington said it would eliminate special treatment for Hong Kong to punish Beijing.

Turkish Airlines expects a slow recovery in global demand towards the end of the summer months but there will be a 60% drop in passenger numbers this year compared to initial expectations, Chairman Ilker Ayci said.

Brazilian planemaker Embraer reported a $292 million first quarter loss on Monday due to a coronavirus crisis sales slump and the impact of a failed deal with Boeing Co.

Aluminium producer Rusal is seeing customers returning with 20-30% of their usual demand after a slump in April caused by fallout from the new coronavirus outbreak, Roman Andryushin, its head of sales and marketing, told Reuters.

Flights and car travel resumed between Turkey's big cities on Monday while cafes, restaurants and Istanbul's Grand Bazaar reopened in the country's biggest step to ease restrictions taken to contain the coronavirus pandemic.

OPEC and Russia are moving closer to a compromise on extending current oil output cuts and are discussing a proposal to roll over supply curbs for one to two months, three OPEC+ sources told Reuters on Monday.

Emirates' outgoing President Tim Clark on Monday said it could take the state carrier up to four years to resume flying to its entire network that has been decimated by the coronavirus pandemic.

Italian billionaire Leonardo Del Vecchio confirmed on Monday he had asked the European Central Bank (ECB) for permission to raise his stake in Mediobanca, lifting its shares.

The South African government has agreed to fund a restructuring of South African Airways (SAA), if a business rescue plan for the struggling state-owned airline is adopted, a copy of the draft plan showed on Monday.

It's nowhere in the league of the mega-RJR Nabisco leveraged buyout immortalized in the 1989 book (and subsequent film) "Barbarians at the Gate", but a Reuters report that a consortium of buyout funds is looking to make a takeover bid for Spanish telco MasMovil shows private equity may still be able to do its thing

It took just three days to sell shares in JDE Peet's as investors facing a dearth of opportunities because of the coronavirus-induced slow-down rushed to secure a dose of the world's No. 2 maker of packaged coffee.

Delta Air Lines Inc and its pilots union said on Sunday they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffing to summer 2021 flying.

China's imports of aluminium are about to hit their highest levels in a decade, traders and analysts said, as an arbitrage opportunity created by demand recovery after its coronavirus outbreak makes it cheaper to buy metal from outside the country.

Brazilian planemaker Embraer SA, the world's third largest commercial jet builder, should obtain $600 million in credit lines from Brazil's state development bank BNDES and private banks in June, government sources said on Sunday.