Plane parts maker FACC said on Tuesday it would not pay a dividend for last year and re-evaluate its 33 million euro ($36 million) project in Croatia as part of a package to deal with falling demand due to the coronavirus spread.
Japanese trading company Marubeni Corp said on Wednesday it now expects a net loss of 190 billion yen ($1.7 billion) for the year ending this month after the coronavirus epidemic hammered the global business environment.
As the coronavirus spreads across the United States, Chinese students from wealthy families are persuading their parents to pay tens of thousands of dollars for seats on private jets to get home.
U.S. senators and Trump administration officials have reached an agreement on a massive economic stimulus bill to alleviate the economic impact of the coronavirus outbreak, the negotiators said on Wednesday.
South African maize farmers are expected to harvest 33% more maize in the 2019/20 season compared with the previous season, boosted by favourable weather conditions, a Reuters survey showed on Wednesday.
Hong Kong's anti-corruption unit said on Wednesday it had charged a former bourse official with bribery and misconduct regarding an IPO application by thread manufacturer Shen You Holdings Limited in 2017.
Crisil has downgraded Air India's Rs7bn (US$92m) 9.13% bonds due on March 26 to BB+ from AAA, after the state-owned airline drew on a government guarantee.
U.S. senators and Trump administration officials have reached an agreement on a massive economic stimulus bill to alleviate the economic impact of the coronavirus outbreak, White House official Eric Ueland said early on Wednesday.
India has axed the royalties that local seed companies pay to German drugmaker Bayer AG for Monsanto's genetically modified (GM) cotton, a government order said, after cutting them back since 2016.
Qantas Airways Ltd on Wednesday secured A$1.05 billion ($627.8 million) against its aircraft fleet to help it ride out the coronavirus crisis, sending shares up 30%, as airlines in the Asia-Pacific region sliced away capacity and jobs.
The White House's top trade advisor denied on Tuesday that the Trump administration was considering a three-month deferral of tariff payments on imported goods to ease the pain of the economic shutdown caused by the coronavirus pandemic.
Soybean deliveries to crushing plants have been severely cut in Argentina, the world's top supplier of soymeal livestock feed, as the country reacts to the coronavirus pandemic, the local grains export industry chamber said on Tuesday.
Qantas Airways Ltd on Wednesday secured A$1.05 billion ($627.8 million) against its aircraft fleet to help it ride out the coronavirus crisis, sending shares up 30%, as airlines in the Asia-Pacific region took the knife to capacity and jobs.
Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the first drop in China sales in nearly six years due to the coronavirus-fueled shutdowns.
Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the drop in China sales due to the coronavirus-fueled shutdowns.
S&P Global Ratings on Tuesday cut Delta Air Lines Inc's rating to junk status, citing a steep decline in demand as the aviation sector reels under the coronavirus crisis and seeks government help.
Latin American airlines, which had already cut the vast majority of international flights, on Tuesday announced dramatic cuts to domestic operations as the coronavirus outbreak spreads through the region and hampers demand.
The United States and China have made progress in implementing the agriculture-related provisions of a Phase 1 trade deal that took effect on Feb. 14, the U.S. Department of Agriculture (USDA) and U.S. Trade Representative said on Tuesday.
London spot gold prices fell far below U.S. gold futures on Tuesday in a sign that the market is worried that air travel restrictions and precious metal refinery closures will hamper shipments of bullion to the United States to meet contractual requirements.
U.S. lawmakers are nearing agreement on a package of grants for passenger and cargo airlines and contractors worth $32 billion as part of a massive U.S. stimulus and rescue package amid the massive travel demand falloff because of the coronavirus outbreak, three people briefed on the matter said.