Air France KLM has requested several billion euros of emergency funds from the French state while it negotiates a loan package from banks, which would be guaranteed by France and the Netherlands, French business daily Les Echos reported.
Honeywell International Inc said on Friday it had renewed a revolving credit agreement for $1.5 billion, to be used for general corporate purposes when needed.
U.S. Treasury Secretary Steven Mnuchin told major airlines on Friday he wants them to repay some of the $25 billion in cash grants the U.S. Congress approved last month to cover payroll costs, three industry officials briefed on the matter told Reuters.
Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential U.S. government assistance or private sector loans, a person briefed on the matter confirmed on Friday.
Airbus's decision to cut output of its best-selling jet by a third amid coronavirus marks a huge shift for the European planemaker, which has enjoyed virtually unbroken growth since it began competing toe-to-toe with Boeing almost 20 years ago.
Just over two months ago, the Jinyuan Fucheng Beef Hotpot restaurant in northern Beijing had a long line of customers waiting outside its doors almost every night of the week.
Vietnam is challenging China's dominance of coronavirus diplomacy with the donation of medical supplies to Europe and Southeast Asia and even winning plaudits from U.S. President Donald Trump for a shipment of protective suits.
Vietnam is challenging China's dominance of coronavirus diplomacy with the donation of medical supplies to Europe and Southeast Asia and even winning plaudits from U.S. President Donald Trump for a shipment of protective suits.
Vietnam's state oil firm PetroVietnam has asked the government to limit the import of refined fuel to support domestic refineries suffering from weak demand due to the coronavirus outbreak, the company said on Friday.
Smithfield Foods Inc, the world's biggest pork processor, is temporarily closing a massive plant in Sioux Falls, South Dakota, the company said on Thursday, after more than 80 workers there tested positive for coronavirus.
U.S. President Donald Trump said on Thursday that airlines could receive details this weekend about the terms of a $32 billion payroll grant to offset the impact of the coronavirus outbreak, which sources told Reuters has received around 275 applicants.
In trading on Thursday, shares of Pan American Silver Corp (Symbol: PAAS) crossed above their 200 day moving average of $18.27, changing hands as high as $18.40 per share. Pan American Silver Corp shares are currently trading up about 12% on the day. The chart below shows th
The use of child labour on cocoa farms in top producers Ivory Coast and Ghana has risen over the past decade despite industry promises to reduce it, according to a draft of a U.S. government-sponsored report seen by Reuters.
Colombia will suspend tariffs on imports of corn, soy and sorghum until the end of June to reduce agricultural production costs during the global crisis caused by the spread of the coronavirus, the Ministry of Agriculture said Thursday.
British airline easyJet on Thursday said it would defer the delivery of 24 Airbus jets and hold a shareholder meeting after the airline's founder Stelios Haji-Ioannou stepped up a disagreement over the airline's expansion plans.
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Airbus's decision to cut output of its best-selling jet by a third amid coronavirus marks a huge shift for the European planemaker, which has enjoyed virtually unbroken growth since it began competing toe-to-toe with Boeing almost 20 years ago.
Brazilian soybean exports may hit a consecutive record monthly high in April on strong demand from China, agribusiness consultancy Safras & Mercado said on Thursday, citing shipping data.
The use of child labour on cocoa farms in top producers Ivory Coast and Ghana has risen over the past decade despite industry promises to reduce it, according to a draft of a U.S. government-sponsored report seen by Reuters.
British airline easyJet on Thursday said it would defer the delivery of 24 Airbus jets and hold a shareholder meeting after the airline's founder Stelios Haji-Ioannou stepped up a disagreement over the airline's expansion plans.