The chairman of the House Transportation and Infrastructure Committee on Thursday urged U.S. airlines to maintain at least one seat between all passengers and cap seating at 67% of capacity on narrow-body airplanes to address the coronavirus pandemic.
Nike Inc said on Thursday store closures across the globe will hurt its retail and wholesales businesses in the fourth quarter, even as it ramps up its e-commerce capabilities to address increased online orders amid the COVID-19 pandemic.
The chairman of the House Transportation and Infrastructure Committee on Thursday urged U.S. airlines to maintain at least one seat between all passengers and cap seating at 67% of capacity on narrow-body airplanes to address the coronavirus pandemic.
Aurora Cannabis Inc posted a smaller loss compared with the prior quarter as customers in the United States and Canada stockpiled cannabis ahead of lockdowns, sending its U.S.-listed shares up 13% after the bell on Thursday.
Canadian pot producer Aurora Cannabis Inc said on Thursday it sold more kilograms of cannabis for both adult-use as well as to medical marijuana markets, boosting quarterly revenue by 16% from a year earlier.
Sudan's finance minister on Thursday laid out a system of money transfers to the poor in a step towards removing costly fuel subsidies to end an economic crisis.
Ontario, Canada's most populous province, will permit some retail stores as well as vehicle dealerships and construction sites to reopen on May 19, its premier said on Thursday, in the first of three stages to restart the province's economy.
Canadians should accept the world will change even if a vaccine is found and the coronavirus pandemic ends, Canadian Prime Minister Justin Trudeau said on Thursday, urging people to adjust to a new normal that will require modified behaviour.
The British government is proposing extending its support for low-carbon power generation through the contracts for difference (CfD) scheme which guarantees a minimum price, until the end of March 2030, it said on Thursday.
The European Commission is seeking to halve the use of chemical pesticides by 2030 to halt the decline of pollinators, in a plan likely to draw criticism both from those urging a phase-out of the substances and from farmers who say crop yields will suffer.
Canada will give C$470 million in aid to the fisheries sector and extend the federal wage subsidy program to help keep workers on payrolls, Prime Minister Justin Trudeau said on Thursday, but warned this would be a 'summer like no other' and urged people to accept the world had changed due to COVID-19.
Canadian farmers and agriculture businesses have claimed most of the C$5 billion ($3.55 billion) in extra credit offered by Ottawa to boost their cash flow during the coronavirus pandemic, in less than two months.
Planemaker Airbus has told senior staff the company must be "resized" in plans to be set out around end-June and is ready to cut jet production again to tackle any second wave of the coronavirus crisis, people briefed on the matter said.
Planemaker Airbus has told senior staff the company must be "resized" in plans to be set out by around end-June and is ready to cut jet production again to tackle any second wave of the coronavirus crisis, people briefed on the matter said.
Delta Air Lines, with more than 14,000 pilots on its roster, expects to have 7,000 more than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters.
Delta Air Lines expects to have 7,000 more pilots than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters.
Delta Air Lines said on Thursday it would no longer fly Boeing Co's wide-body 777 aircraft and some of the other older high-maintenance jets, as the U.S. carrier looks to cut costs amid a steep fall in bookings due to travel restrictions around the world.
British retailer Marks & Spencer launched a clothing sale on Thursday to help clear stock built up in the coronavirus lockdown, tapping into widespread public support for health workers by giving some proceeds to NHS charities.
Latin America will be the last region in the world to recover to pre-coronavirus air travel levels, which could be a serious blow to its weak airline industry, according to a report by consulting firm ICF set to be published on Thursday.
Reuters
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