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Troubled fashion retailer Ted Baker Plc said on Friday it has shut businesses that accounted for about 38% of its global retail sales in 2020 due to the coronavirus outbreak.

Delta Air Lines Inc expects its second-quarter revenue to fall by $10 billion, representing an 80% reduction compared with a year earlier, the company said on Friday, as the coronavirus hurts travel demand.

In trading on Friday, shares of Vulcan Materials Co (Symbol: VMC) entered into oversold territory, changing hands as low as $83.53 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momen

Delta Air Lines Inc expects its second-quarter revenue to fall by $10 billion, representing an 80% reduction compared with a year earlier, the company said in a regulatory filing, as the coronavirus hurts travel demand.

China has promised it will not impose a nationwide ban on imports of U.S. poultry if the United States finds cases of avian flu, an industry group said, a policy change that could help Beijing fulfill commitments to buy more American farm goods.

Canada will allow temporary foreign workers with valid visas to enter the country, officials said on Friday, offering possible salvation to the agriculture industry even as Ottawa moves to limit the spread of a coronavirus outbreak.

United Airlines Holdings Inc warned on Friday it will begin taking steps to reduce its payroll to match a 60% schedule reduction planned for April "if Congress does not act on sufficient government support by the end of March."

U.S. Treasury Secretary Steven Mnuchin has stepped into the breach as the Trump administration's point man to rescue the economy from coronavirus devastation, taking on the role his former Goldman Sachs boss, Hank Paulson, played over a decade ago.

The Farnborough Airshow - this year's largest aerospace expo and a showcase for tens of billions of dollars of business deals - has become the latest major event to be cancelled because of the coronavirus crisis, organisers said on Friday.

Airbus said on Friday it is in regular dialogue with European governments, but declined to comment on a report that the European planemaker may seek government support to tackle the coronavirus crisis.

Uber Taxi suspended its operations in Saudi Arabia until further notice due to measures announced by interior ministry, a company statement said on Friday.

South African retailer Steinhoff said on Friday turnover had fallen, particularly in general merchandise, as a result of the partial or full closure of stores in a number of European markets due to restrictions on movement.

A wave of credit rating downgrades in the corporate sector risks deepening a funding crisis for company bosses and spreading it to other markets.

Russia's Norilsk Nickel said on Friday that Russian Platinum, its partner in an Arctic palladium project, had withdrawn from talks on creating the joint venture due to a lack of approval from Rusal, one of Nornickel's shareholders.

British Airways pilots will be required to take two weeks' unpaid leave in both April and May while rival easyJet is reported to have asked staff to take three months' unpaid leave as the battered aviation sector frantically seeks to cut costs.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

Luxury jeweler Tiffany & Co forecast a significant results hit this year as it temporarily shut stores and said Friday it had lost about half of its operating days in mainland China since the coronavirus outbreak.

Brazilian President Jair Bolsonaro slammed state governors on Friday for taking "extreme measures" against the coronavirus pandemic, as he tried to juggle mounting public health concerns with protecting an economy he had vowed to revive.

July's Farnborough Airshow - the largest event planned for 2020 in the aerospace industry and a showcase for tens of billions of dollars of business deals - has been cancelled because of the coronavirus crisis, two sources familiar with the plans said.