The U.S. Supreme Court will decide whether American corporations can be sued for alleged human rights abuses occurring abroad under a 1789 law, agreeing on Thursday to hear appeals by two companies - Cargill Inc and a Nestle SA subsidiary - accused of knowingly helping perpetuate slavery at Ivory Coast cocoa farms.
African countries have lost almost $55 billion in travel and tourism revenues in three months due to the coronavirus pandemic, the African Union (AU) commissioner for infrastructure and energy said on Thursday.
The U.S. Supreme Court will decide whether American corporations can be sued for alleged human rights abuses occurring abroad under a 1789 law, agreeing on Thursday to hear appeals by two companies - Cargill Inc and a Nestle SA subsidiary - accused of knowingly helping perpetuate slavery at Ivory Coast cocoa farms.
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Portugal's government and private shareholders in ailing flagship airline TAP are close to a deal that would give the state a controlling stake while avoiding a full-scale nationalisation, two sources with knowledge of the talks said.
Metals markets appear to have made up their mind that the global economy is likely to have a V-shaped economic recovery, and that China is already in this happy condition.
Sales at Italy's Prada are growing at double-digit rates in Asia while any forecast for the American market is hard to make due to the health emergency, the Chief Executive of the luxury group Patrizio Bertelli said on Thursday.
Delta Air Lines had a strategy for years: expand worldwide by buying stakes in airlines and partner with them while avoiding the cost and red tape of full acquisitions.
American Airlines said on Thursday it expects summer long-haul international capacity to decline 25% in 2021 compared to 2019 due to lower demand resulting from the coronavirus outbreak.
Aluminum Corp of China Ltd, known as Chalco, said on Thursday it would implement "flexible production", a phrase used to refer to output cuts, at three alumina production lines accounting for about 10% of its total capacity.
The novel coronavirus delayed the arrival of seasonal immigrants who normally help harvest U.S. wheat, leaving farmers to depend on high school students, school bus drivers, laid-off oilfield workers and others to run machines that bring in the crop.
Taiwan citizens should avoid unnecessary visits to or transit through Hong Kong, Macau or mainland China after the passing of an "outrageous" national security law for the former British colony, a Taiwan government official said on Thursday.
The United Kingdom wants to be the first to develop a commercial jet plane to fly across the Atlantic Ocean without any carbon emissions, Transport Secretary Grant Shapps said on Thursday.
Australia's Metals X Ltd is looking to sell its entire copper portfolio after issues with a shareholder hindered the company's ability to repay debt, the diversified miner said on Thursday.
Aluminum Corp of China Ltd said on Thursday it would implement "flexible production," a phrase used to refer to output cuts, at three alumina production lines in northern China's Shanxi province in accordance with market conditions.
World food prices rose in June to post their first increase of 2020 and mark a slight rebound after the sharp falls triggered by the coronavirus pandemic, the United Nations food agency said on Thursday.
Emirates, one of the world's biggest long-haul airlines, has processed close to 650,000 refunds over the past two months, refunding over 1.9 billion dirhams ($517 million), it said on Thursday.
Britain's Boohoo defended its business practices on Thursday after a garment workers' rights group said the online fashion retailer was putting workers at Leicester factories supplying the group at risk of coronavirus infection.
Two Japanese fashion retailers on Thursday reported sales data showing a sales slump over the previous few months eased in June, as consumers started to shop for clothes and shoes again despite lingering worries about the coronavirus.