Japan Airlines Co is discussing the possibility of securing financing totalling $2.8 billion from its lenders to cushion the financial blow of the coronavirus outbreak, public broadcaster NHK said on Saturday.
U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed.
Ratings agency Moody's cut its forecast for South Africa's economy to a 6.5% contraction in fiscal 2020, saying the country's 500 billion rand ($26.29 billion) rescue package will weaken its public finances and constrain government's ability to provide support to state-owned firms.
The International Monetary Fund (IMF) said on Friday it has approved a disbursement of $309 million to help Mozambique meet urgent balance of payment and fiscal needs stemming from the coronavirus pandemic.
U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will enter into force on July 1, a month later than initially proposed.
The International Monetary Fund (IMF) said on Friday it has approved a disbursement of $309 million to help Mozambique meet urgent balance of payment and fiscal needs stemming from the coronavirus pandemic.
Spain's High Court ordered Ryanair on Friday to reinstate 224 workers collectively dismissed from four bases in the country, saying the reasons given by the airline for seeking to close the bases did not justify such a move.
A South African state-owned bank that lends to the farms sector said on Friday it had defaulted on payments on two bond programmes worth a combined 50 billion rand ($2.63 billion), highlighting the weakness of state enterprises in the country.
Spain's High Court ordered Ryanair on Friday to reinstate 224 workers collectively dismissed from four bases in the country, saying the reasons given by the airline for seeking to close the bases did not justify such a move.
The Trump administration is considering taking stakes in U.S. energy companies as one possible option as it seeks to help the nation's oil and gas sector amid the coronavirus outbreak, U.S. Treasury Secretary Steven Mnuchin said on Friday.
Smithfield Foods Inc, the world's largest pork processor, has been accused in a lawsuit of failing to adequately protect workers at a Missouri plant who have been forced to work "shoulder to shoulder" during the novel coronavirus pandemic.
A $4.2 billion deal for Boeing to buy the civil jetmaking arm of Brazil's Embraer has hit a roadblock over implementation, leaving its fate uncertain unless a breakthrough can be found quickly, people familiar with the talks said.
Canada will help small businesses with rent payments and craft guidelines for regions less affected by the coronavirus outbreak to open their economy, Canadian Prime Minister Justin Trudeau said on Friday.
A $4.2 billion deal for Boeing to buy the civil jetmaking arm of Brazil's Embraer has hit a roadblock over implementation, leaving its fate uncertain unless a breakthrough can be found quickly, people familiar with the talks said.
Several staffers at major retail chains, including J.C. Penney Co Inc and Saks Fifth Avenue, reported for duty at some Texas-based stores on Friday, selling merchandise "to-go" for orders placed online.
European markets are hoping the ECB, again facing the task of rescuing the euro zone, will soon add junk-rated company debt to its stimulus programmes, but some investors say such a bold move might prove counterproductive.
A previously unreported Brazilian court injunction last month has thrown a wrench into Bunge Ltd's plan to take over two soy processing plants from local crusher Imcopa, according to court filings seen by Reuters.
Several employees at JBS SA's poultry plant in the town of Passo Fundo, in the southern Brazilian state of Rio Grande do Sul, have contracted COVID-19, a source close to the company said on condition of anonymity on Friday.
With millions of people hungry in Venezuela, acute fuel shortages are forcing farmers to let crops rot in fields or feed them to livestock since they cannot transport food to market during the coronavirus quarantine.