The Lebanese pound changed hands at just under 5,000 to the dollar on a parallel market on Thursday, four market participants said, defying government efforts to arrest a steep decline.
Auto parts suppliers across North America said they are encouraged as major automakers accelerate production after coronavirus pandemic shutdowns, but are holding back on hiring and investment because of longer-term uncertainty.
Auto parts suppliers across North America said they are encouraged as major automakers accelerate production after coronavirus pandemic shutdowns, but are holding back on hiring and investment because of longer-term uncertainty.
Delta Air Lines Inc next week is launching a program to test employees for active COVID-19 and antibodies under a partnership with the Mayo Clinic and Quest Diagnostics Inc, Chief Executive Ed Bastian said in an employee memo on Thursday.
Thai rice export prices rose to their highest in about a month this week due to a strong baht currency and persistent supply concerns, losing out to cheaper offers from other Asian hubs.
British Airways will sell at least 10 works of art that normally hang in its executive lounges, a source said, turning to pieces by famous artists like Damien Hirst to raise millions of pounds to help it through the coronavirus pandemic.
Delta Air Lines Inc is launching next week a program to test employees for active COVID-19 and antibodies under a partnership with the Mayo Clinic and Quest Diagnostics Inc, Chief Executive Ed Bastian said in an employee memo on Thursday.
The clash between British Airways and its unions over 12,000 job losses intensified on Thursday as the Unite union said it had approached the European Commission to register its opposition to BA parent company's acquisition of Air Europa.
The energy infrastructure company that transports a fourth of the crude oil produced in North America is looking to increase investments in renewable energy projects as it prepares to have its asset portfolio reflect the global energy mix in the energy transition.
Egypt will allow scheduled international flights and foreign tourists to resorts that have been least affected by the coronavirus starting from July 1, the cabinet said.
South African phosphate producer Foskor said on Thursday that a fire on Wednesday at its acid plant in the coastal city of Richards Bay will not impact production and supply, even though conveyors were damaged.
Chow Tai Fook Jewellery Group Ltd, China's largest jeweller by market value, reported a 36.6% drop in annual profit as COVID-19 and a surge in international gold prices dampened retail demand, but said it will continue to expand in China.
United Arab Emirates carrier flydubai has indefinitely extended the period of reduced pay for employees and placed dozens of pilots on unpaid leave for a year, company sources said.
Chow Tai Fook Jewellery Group Ltd, China's largest jeweller by market value, reported a 36.6% drop in annual profit on Thursday as COVID-19 and a surge in international gold prices dampened retail demand.
The U.S. Commerce Department said it would examine whether hardwood plywood imports completed in Vietnam using Chinese components circumvented U.S. duties on imports from China, in a move that could see Vietnamese imports facing similar duties.
British Airways will sell at least 10 works of art from its extensive collection, a source said, to try to raise millions of pounds to boost its cash reserves as it struggles through the coronavirus pandemic.
It looked like the Federal Reserve had short-circuited the dollar, which slipped back to a three-month low after the U.S. central bank confirmed rates would stay near zero through 2022.
Turkish Airlines and its budget carrier Anadolujet resumed some international flights to Germany, Britain and the Netherlands on Thursday, carrying passengers with approved documents.