The administrator of Virgin Australia Holdings Ltd said it expected to shortlist two preferred bidders early next week after parties confirmed non-binding indicative proposals to acquire the airline on Friday.
Indonesia has imposed tariffs on imports of some textile products for the period until November 2022, according to a finance ministry regulation, in a bid to protect local producers from a surge of imports of fabrics, curtains and yarn.
The administrator of Virgin Australia Holdings Ltd said it expected to shortlist two preferred bidders early next week after parties confirmed non-binding indicative proposals to acquire the airline on Friday.
Indian export rice prices retreated this week from a more than one-year peak that slowed demand, while Vietnamese rates held near a two-year high as countries battling the coronavirus pandemic sought to bolster stocks.
New Zealand's Fonterra said on Friday its China dairy import volumes climbed 10.1% in March, after two consecutive months of declines, as the world's second-largest economy reopens after coronavirus-induced lockdowns.
Global demand for Brazilian grains is growing as Argentina and Paraguay struggle with low water levels in a key river for agricultural shipments that is preventing ships from being fully loaded, a Brazilian trading company told Reuters on Thursday.
LATAM Airlines Group's U.S. bankruptcy filing this week will delay its potential bailout in Brazil to at least July and also push back aid to its rivals at least through the end of June, two sources said on Thursday.
A Brazilian court has ordered JBS SA to keep 1.5 meters (4.92 ft) of distance between workers at its chicken processing plant in the town of Ipumirim, according to a statement from the state labor prosecutor's office on Thursday.
A Canadian court ruling that could permit the extradition of a senior Huawei Technologies Co Ltd [HWT.UL] executive to the United States leaves Canada vulnerable to further retaliation from Beijing, analysts said.
The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to accept voluntary leave or early retirement in the hope of avoiding widespread furloughs in the fall, company memos show.
Tyson Foods Inc said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country's food supply.
The United States will impose a cap on charter flights to Cuba at 3,600 per year, the U.S. Transportation Department said on Thursday, as President Donald Trump's administration moves to curb the Cuban government's access to revenue.
The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to accept voluntary leave or early retirement in the hope of avoiding widespread furloughs in the fall, company memos show.
A Canadian court ruling that could permit the extradition of a senior Huawei Technologies Co Ltd [HWT.UL] executive to the United States leaves Canada vulnerable to further retaliation from Beijing, analysts said.
Shallow water in Argentina's Parana River will slow exports and hurt the country's soy crushing margins at least through September, officials said, as more cargo ships are needed to carry the same amount of commodities.
Alcoa said on Thursday it is considering laying off up to 534 workers from its San Ciprian aluminum plant in the Spanish region of Galicia, though a final decision has not yet been made.
U.S. and European trade groups are lobbying China to allow foreign workers back into the country after it shut its borders in late March to non-Chinese nationals to curb the coronavirus.
Alcoa said on Thursday it is considering laying off up to 534 workers from its San Ciprian aluminium plant in the Spanish region of Galicia, though a final decision has not yet been taken.
Budget retailer Mr Price is not looking to buy department chain operator Edcon "in part or in whole", the company said on Thursday, responding to market speculation.