The owner of British Airways is considering launching a legal challenge against the UK's looming quarantine plan, its chief executive said, warning that the new rules would torpedo its return to flying in July.
The euro is basking in the afterglow of yesterday's European Central Bank meeting; having just enjoyed its longest winning streak since 2011 -- eight days -- it could extend that all the way back to 2004, should it post another day of gains.
South Korean shares rose for the sixth straight session on Friday, ending more than 1% higher in their longest winning streak this year so far on signs of global economic recovery from the coronavirus crisis and stimulus support.
PT Garuda Indonesia has secured majority approval to extend the maturity of $500 million sukuk, or Islamic bonds, by three years, Chief Executive Irfan Setiaputra told a virtual news briefing on Friday.
PT Garuda Indonesia has secured majority approval to extend the maturity of $500 million sukuk by three years, the airline's chief executive Irfan Setiaputra told a virtual news briefing on Friday.
South Korean shares are set to mark the longest stretch of daily gains in six months as risk sentiment remained strong on signs of swift economic recovery and fresh stimulus support. The Korean won and the benchmark bond yield strengthened.
Vietnamese rice export prices hit their highest in more than eight years as traders struggled to meet rising demand and heavy rains hampered harvest in the Mekong Delta.
Qantas Airways Ltd will reactivate plans to order airplanes capable of the world's longest non-stop commercial flights from Sydney to London when it returns to financial strength, its chief executive said on Friday.
U.S. soybean exports had a dismal April performance and possibly an even worse showing in May as shipments to China remain historically low, but corn exports hit a one-year high in April and improved on those volumes last month.
Airlines from America to Australia are ramping up flights in June and July, boosting hopes for a pickup in tourist traffic even as bigger-spending business and global travel remains sluggish during the ongoing pandemic.
Gap Inc on Thursday reported a whopping first-quarter loss of $932 million as the apparel retailer wrote down the value of some assets due to coronavirus-driven store closures, sending its shares down about 5% after the bell.
In trading on Thursday, shares of Vale SA (Symbol: VALE) crossed above their 200 day moving average of $10.78, changing hands as high as $10.88 per share. Vale SA shares are currently trading up about 2.5% on the day. The chart below shows the one year performance of VALE sh
In trading on Thursday, shares of Worthington Industries, Inc. (Symbol: WOR) crossed above their 200 day moving average of $33.86, changing hands as high as $34.60 per share. Worthington Industries, Inc. shares are currently trading up about 5.1% on the day. The chart below
The Canadian economy is showing green shoots with data on home sales, consumer spending and new job postings trending upwards after the coronavirus pandemic forced shutdowns and caused a record plunge in economic activity.
The boss of British Airways said its parent company IAG was burning through 178 million pounds ($223 million) a week and could not guarantee its survival, prompting him to urge unions to engage over 12,000 job cuts.
Argentina's soy harvest has nearly concluded with 98.6% of the planted area yielding an average of 2.96 tonnes per hectare and the season's crop estimate unchanged at 49.5 million tonnes, the Buenos Aires Grains Exchange said on Thursday.
Guinea's government approved on Thursday a basic agreement for the development of its giant Simandou iron ore project by a consortium representing Chinese, French and Singaporean interests, the mines minister told Reuters.
The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government and airline officials said.
Reuters
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