The European Union's chief Brexit negotiator said after the first day of renewed talks with Britain that the bloc is aiming for "tangible progress" by June on the shape of a new relationship before London severs its ties with the bloc at the end of the year.
U.S. retailers and other business groups on Monday welcomed a move by the Trump administration to allow importers to defer for three months any tariff payments they owe the government, but said they needed more tariff relief to deal with the pandemic.
The five-member Federal Communications Commission voted unanimously to approve an order to allow Ligado Networks[MOSAV.UL] to deploy a low-power nationwide 5G network despite objections from the U.S. Defense Department, other federal agencies and major U.S. airlines.
Lesotho's government has agreed with South African mediators and political parties to implement a "dignified retirement" for prime minister Thomas Thabane, a joint statement said on Monday, signalling stepped up efforts to end a political crisis.
The five-member Federal Communications Commission has unanimously voted to approve an order to allow Ligado Networks[MOSAV.UL] to deploy a low-power nationwide 5G network despite objections from the U.S. Defense Department, other federal agencies and major U.S. airlines.
Despite the historic OPEC+ production cut deal, available oil storage capacity around the world is running thin as global oil demand continues to crumble amid lockdowns and travel restrictions in many countries.
Airbus has put six jets made for one of its largest customers up for sale after giving up on Malaysia's AirAsia taking delivery of them, sources familiar with the matter told Reuters.
United Airlines said on Monday it expects to report a pre-tax loss of about $2.1 billion for the first quarter, hurt by a precipitous drop in travel demand from the coronavirus pandemic.
United Airlines said on Monday it expects to report a pretax loss of about $2.1 billion in the first quarter, hurt by a sharp drop in travel demand from the coronavirus pandemic.
Four Swedish and Danish subsidiaries of Norwegian Air have filed for bankruptcy due to the ongoing coronavirus crisis which has grounded most of the company's fleet, the budget carrier said on Monday.
Indian businessman Vijay Mallya lost an appeal in Britain's High Court on Monday against a 2018 decision to extradite him to India to face fraud charges resulting from the collapse of his defunct company Kingfisher Airlines.
Thailand began vaccinating some 4,000 horses on Monday in a bid to contain the spread of the deadly African Horse Sickness (AHS), a disease that only affects horses and other equine animals.
Some shops and businesses opened in rural India on Monday as part of a staggered exit from a weeks-long lockdown that has left millions out of work and short of food, while coronavirus infections rose by more than 1,500 over the previous day.
Fashion retailer Primark has committed to pay suppliers for 370 million pounds ($461 million) of orders, though all its stores are closed due to the coronavirus pandemic.
A collapse in oil prices to levels last seen more than two decades ago has markets on edge on Monday, serving as a potent reminder that there is still a lot of pain to come from the economic fallout of the coronavirus pandemic and raising questions over just how sustainable recent stock market gains might be. And U.S. crude futures tumbling more than 20% in early Monday trade wasn’t the only dark cloud. Japanese data showed exports slumped by 11.7% in March, falling at their fastest pace since July 2016, as shipments to destinations from the United States to China all suffered sharp declines. Safe-haven bids are sought this morning with yields on U.S. Treasuries easing while the dollar resumed its gains after Friday’s dip.
Aston Martin's immediate priorities will be restarting manufacturing and launching production of its crucial first sport utility vehicle, the luxury carmaker's new boss, Formula 1 team owner Lawrence Stroll, said on Monday.
Virgin Australia Holdings is preparing to enter voluntary administration, the Sydney Morning Herald reported on Monday, citing unnamed sources, with the cash-strapped carrier unable to weather the coronavirus crisis because of its debt.
Thousands of Britons have answered the call for backbreaking work on the country's fruit and vegetable farms this summer as the coronavirus crisis keeps Eastern European workers away but it may still not be enough to secure the harvest.