U.S. logistics company FedEx is on the point of taking a stake in German parcel delivery firm Hermes, the Handelsblatt newspaper reported on Wednesday.
Boeing Co said Wednesday it was eliminating more than 12,000 U.S. jobs, including laying off 6,770 U.S. workers as the largest American planemaker restructures in the face of the coronavirus pandemic.
Brazilian meatpacker BRF SA said on Wednesday it would find it "mathematically impossible" to keep current output levels if slaughterhouses are ordered to close due to the novel coronavirus.
In trading on Wednesday, shares of Osisko Gold Royalties Ltd (Symbol: OR) crossed below their 200 day moving average of $9.56, changing hands as low as $9.45 per share. Osisko Gold Royalties Ltd shares are currently trading off about 1.9% on the day. The chart below shows th
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Boeing Co said Wednesday it will notify 6,770 U.S. workers they are being laid off with "several thousand remaining layoffs" planned in the next few months, chief executive Dave Calhoun told workers in an email.
Protesters calling for jobs have brought Tunisia’s phosphate output to a halt by staging sit-ins at state-run Gafsa Phosphate (CPG), the country's sole producer, a company official said on Wednesday.
The fourth cargo of a group of Iranian tankers reached the Caribbean Sea on Wednesday as the receiving nation, Venezuela, began preparations to distribute the imported gasoline among desperate citizens, according to Refinitiv Eikon and a government official.
Britain told the European Union on Wednesday it needed to break a fundamental impasse to clinch a Brexit trade deal by the end of the year and said an agreement on fisheries might not be ready by July.
Italian mobile tower company INWIT, jointly controlled by Telecom Italia (TIM) and Vodafone, are expected to enter the Milan bourse's blue-chip index, starting from a reshuffle next week, two traders said on Wednesday.
Lufthansa's supervisory board postponed approval of a 9 billion euro ($9.90 billion) bailout in light of conditions imposed by the European Union, the German airline group said on Wednesday.
Milan's arbitral court has ruled only that the 2013 sale to Blackstone of RCS' headquarters is valid while it has taken no decision on possible compensation for the Italian publisher, a spokesman for the U.S. firm said.
Lufthansa's supervisory board was unable to approve a 9-billion euro ($9.90 billion) bailout in light of conditions imposed by the European Union, the airline group said on Wednesday.
Britain's chief negotiator David Frost said it was proving difficult to reach a deal with the European Union on fishing rules by July, as the political declaration had aspired to do, but he would keep trying.
Zambia's 2019/2020 season maize production will increase 69% to 3.387 million tonnes from 2.004 million tonnes in the previous season, Agriculture Minister Michael Katambo said on Wednesday.
Sri Lanka's finances were fragile long before the coronavirus delivered its blow, but unless the country can secure aid from allies like China, economists say it may have to make a fresh appeal to the IMF or default on its debt.
Thai Airways has appointed rehabilitation planners including a chairman and acting president, it said on Wednesday in its submission to the Central Bankruptcy Court.