China's commodities markets fell after it said it would drop its annual growth target and impose national security laws in Hong Kong at this year's meeting of parliament.[nL4N2D40KJ][nL4N2D40JE]
EasyJet said founder Stelios Haji-Ioannou had failed in his attempt to oust key management including the CEO, according to the initial results of a shareholder vote brought over the airline's plan to buy new planes.
Ryanair's Austrian airline Lauda on Friday said it would shut down its main Vienna base on May 29 with the loss of more than 300 jobs in Austria after it did not manage to agree new labour contracts with the union.
Things have taken another turn for the worse between the world's two superpowers. Escalating rhetoric from President Donald Trump hit Wall Street yesterday, but Asian markets today are red all over following China's proposal for a new Hong Kong law to ban sedition, secession and treason.
Chinese stocks dropped on Friday, wrapping up their worst week since March, as concerns over economic growth and renewed tensions with the United States following a new national security law in Hong Kong dented investor sentiment. ** At the close, the Shanghai Composite index was down 1.9% at 2,813.77. It fell by the same margin on a weekly basis. The blue-chip CSI300 index fell 2.3% on Friday and was also down by the same for the week. Both benchmarks marked their worst week since March.
The United Kingdom will later on Friday spell out details of its plans for a COVID-19 quarantine for travellers arriving from overseas, a measure that airlines have warned will devastate their industry.
Britain's Burberry said the luxury industry could take some time to recover from the COVID-19 pandemic as it reported a 27% drop in comparable sales in the final quarter of its year, which ended with about 60% of its retail stores closed.
Malaysia's Sime Darby Plantation reported a sharp jump in first-quarter net profit, but warned volatile palm oil prices and disruptions due to the coronavirus pandemic will impact its performance for the rest of the year.
The United Kingdom will on Friday set out details of its plans for a quarantine for international arrivals, Northern Ireland Secretary Brandon Lewis said.
Britain's Burberry said the luxury industry could take some time to recover from the COVID-19 pandemic as it reported a 27% drop in comparable sales in the final quarter of its year, which ended with about 60% of its retail stores closed.
Rice prices in top exporter India hit a more than one-year peak this week bolstered by robust demand from African and Asian countries, while a cyclone damaged some crops in Bangladesh.
China does not appear to understand that Canada's judiciary is independent, Prime Minister Justin Trudeau said on Thursday, taking a rare public swipe at Beijing at a time when bilateral ties are poor.
A children's bookshop in Halifax, a game store in Vancouver, and a Toronto-based company making wireless bras and loungewear are among the few companies and products that have become necessities for Canada's households during a pandemic.
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The Trump Administration's coronavirus relief payment provided a fillip to sales of major retailers in April as millions of Americans used the money to buy everything from video games to sewing machines even as the country struggles with record job losses.
China does not appear to understand that Canada's judiciary is independent, Prime Minister Justin Trudeau said on Thursday, taking a rare public swipe at Beijing at a time when bilateral ties are poor.
Abu Dhabi's Etihad Airways is planning to lay off 1,200 employees as it considers permanently grounding its Airbus A380s and never operating the A350s it has ordered, company and industry sources said.
Seychelles may admit Israelis as part of an initial reopening of its tourism industry, hit hard by the archipelago's coronavirus precautions, officials said on Thursday.
Southwest Airlines Co will continue to limit bookings on its flights through at least July to give passengers space between seats, CEO Gary Kelly told shareholders on Thursday, mirroring a plan by competitor Delta Air Line In.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".