Coffee company JDE Peet's on Tuesday set an indicative price range of 30-32.25 euros per share for its initial public offering (IPO), implying a market value of 14.9-16.0 billion euros ($16.3-17.5 billion).
Coffee company JDE Peet's set indicative price of 30-32.25 euros per share for its initial public offering (IPO), implying a market value of 14.9-16.0 billion euros ($16.3-17.5 billion).
LATAM Airlines Group SA said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and U.S. have filed for Chapter 11 bankruptcy protection in the United States, due to a slump in travel worldwide amid the coronavirus crisis.
Australian Prime Minister Scott Morrison on Tuesday called for an ideological truce between employers and workers to revive the country's A$2 trillion ($1.3 trillion) economy, which has been badly damaged by the coronavirus pandemic.
LATAM Airlines Group SA said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and the United States have filed for Chapter 11 bankruptcy protection in the U.S.
China has responded to concern its decision to impose heavy tariffs on Australian barley was retaliation for a diplomatic dispute, saying Australia had launched 100-times as many trade investigations against China.
Saudi Arabia will begin easing restrictions on movement and travel this week, more than two months after stringent measures were introduced to help curb the spread of the novel coronavirus.
China's aviation regulator may make it difficult for Hong Kong's Cathay Pacific Airways Ltd to merge regional arm Cathay Dragon into its main brand because of infractions during last year's pro-democracy protests, two sources said.
China's soybean imports in April from top supplier Brazil rose 2.6% from a year earlier, customs data showed, as cargoes delayed by bad weather in the South American country began to arrive at ports.
Chile's Latam Airlines Group SA has hired U.S. investment boutique PJT Partners to explore debt restructuring options that may include bankruptcy protection filings in three countries, Brazilian newspaper O Estado de S. Paulo reported late on Monday.
The White House on Monday brought forward by two days restrictions on travel to the United States from Brazil as the number of deaths from the new coronavirus in the South American nation surpassed the U.S. daily toll.
The White House on Monday brought forward by two days restrictions on travel to the United States from Brazil that were announced after the Latin American country became the world's No. 2 coronavirus hotspot.
The White House on Monday issued a statement amending the timing of the start of new restrictions on travel from Brazil to the United States to 11:59 p.m. Eastern Time on Tuesday, May 26.
Air New Zealand on Tuesday said it is expecting to report an underlying loss for the 2020 financial year as the coronavirus crisis bit into the company's revenue after bringing travel to a halt.
Air New Zealand on Tuesday said it is expecting to report an underlying loss for the 2020 financial year as the coronavirus crisis bit into the company's revenue after bringing travel to a halt.
Ivory Coast said on Monday it would refuse to validate a U.S.-sponsored report due to be published next month about child labour in its cocoa sector unless the researchers and U.S. government accept changes to the methodology.
South African retailer Truworths said on Monday that its full-year profit was likely to fall by at least 30% and it was unlikely to pay a dividend, while all options were open for its British footwear business.
Hundreds of meatpacking workers at a single BRF SA plant in southern Brazil have tested positive for the novel coronavirus, the company said on Monday, amid global concerns about the pandemic disrupting food supplies.
Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa, Germany's flagship carrier said on Monday.
Reuters
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