Guatemala has begun the process to leave the International Coffee Organization (ICO) due to concern over falling coffee prices, a Guatemalan government official and another person familiar with the matter said on Wednesday.
JetBlue Airways Corp and a labor union representing pilots, the Air Line Pilots Association (ALPA), have reached an agreement to avoid involuntary furloughs until May 1, 2021, according to a memo sent to pilots on Wednesday.
The Federal Aviation Administration and Boeing Co have completed certification test flights on the 737 MAX, a key milestone toward the plane's return to service, the U.S. regulator said on Wednesday.
The Federal Aviation Administration said on Wednesday that it and Boeing completed certification test flights on the 737 MAX, a key milestone toward the plane's return to service.
A modernized U.S.-Mexico-Canada trade pact took effect on Wednesday, ensuring continuity for manufacturers and agriculture, but the threat of disputes is exposing cracks in what was meant to be a stronger North American fortress of competitiveness.
Nigeria will resume domestic flights from July 8, the government said on Wednesday, as Africa's most populous country relaxes novel coronavirus restrictions despite mounting cases and deaths.
The United Arab Emirates is seeking to verify the credentials of Pakistani pilots and engineers employed in its airlines, as global concern mounts after the South Asian government grounded 262 pilots for holding "dubious" qualifications.
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A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Shares in Mexican airline Aeromexico plummeted on Wednesday, falling by as much as 65.7% after the company said late on Tuesday it had begun restructuring under Chapter 11 proceedings.
United Airlines is adding nearly 25,000 domestic and international flights in August, tripling the number it flew in June, while standing ready to shift plans if recent spikes in COVID-19 cases hurt demand, executives said on Wednesday.
U.S., Mexican and Canadian business groups applauded a new North American trade deal's entry into force on Wednesday, but said more work and flexibility was needed to overcome challenges including implementation of new labor and automotive rules.
Shares in Mexican airline Aeromexico plummeted on Wednesday, falling by as much as 65.7% after the company said late on Tuesday it had begun restructuring under Chapter 11 proceedings.
Michael Kors owner Capri Holdings Ltd on Wednesday estimated a bigger-than-feared 70% slump in first-quarter sales as the COVID-19 pandemic hammers demand for its luxury handbags and dresses.
Chinese copper smelter Dongying Fangyuan Nonferrous Metals Co said it had failed to repay all of its 1.5 billion yuan ($212.44 million) bond last year, as the embattled firm and its founder prepare for a legal hearing brought by a creditor.
United Airlines said on Wednesday it would add nearly 25,000 domestic and international flights in August, as travel demand hit by the coronavirus outbreak gradually returns.
Michael Kors owner Capri Holdings Ltd on Wednesday forecast a larger-than-expected 70% drop in current-quarter revenue and "significant" losses, as the COVID-19 pandemic hammers demand for its luxury handbags and dresses.
Ryanair used its return to a more regular schedule on Wednesday to pile pressure on its home market of Ireland to ease travel restrictions in a debate that has pitted airline bosses against increasingly cautious health officials.
Reuters
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