Thai Airways International Pcl on Tuesday submitted a request to a bankruptcy court for rehabilitation of its debt, the court said, which if approved would give the airline time to negotiate with its creditors.
JDE Peet's initial public offering drew strong investor interest as books opened on Tuesday, in an early indication of robust demand for an issue that aims to raise 2.3 billion euros ($2.5 billion) and revive a moribund IPO market.
Ryanair will contest a 9 billion-euro ($9.9 billion) German aid package for Lufthansa, the budget airline's Chief Executive Michael O'Leary said in a statement on Tuesday.
British low cost airline easyJet said chief financial officer Andrew Findlay plans to leave the company next year, in an announcement made just days after he survived an attempt by the airline's founder to oust him.
Inside the small-scale Iowa abattoir Stanhope Locker and Market, owner Shaunna Zanker yawns with exhaustion as she listens to yet another farmer asking her to slaughter his pigs.
South African maize farmers are expected to harvest more maize in 2020 compared with the previous season on the back of favourable weather conditions, a Reuters survey showed on Tuesday.
The European Union is willing to shift its stance on fisheries in negotiations with Britain next week, sources said, in what would be the first major concession from the bloc in talks with London on their relationship after Brexit.
A Kuwaiti livestock ship, without animals aboard, was being held off Australia's west coast after six crew members tested positive for the new coronavirus, authorities said on Tuesday, heightening concerns over how arrivals by sea are handled.
Optimism about lockdown relaxation is buoying equity markets, with investors ready to look past tensions between Beijing and Washington over China's plans to impose national security legislation in Hong Kong.
Coffee company JDE Peet's on Tuesday set an indicative price range of 30-32.25 euros per share for its initial public offering (IPO), implying a market value of 14.9-16.0 billion euros ($16.3-17.5 billion).
Coffee company JDE Peet's set indicative price of 30-32.25 euros per share for its initial public offering (IPO), implying a market value of 14.9-16.0 billion euros ($16.3-17.5 billion).
LATAM Airlines Group SA said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and U.S. have filed for Chapter 11 bankruptcy protection in the United States, due to a slump in travel worldwide amid the coronavirus crisis.
Australian Prime Minister Scott Morrison on Tuesday called for an ideological truce between employers and workers to revive the country's A$2 trillion ($1.3 trillion) economy, which has been badly damaged by the coronavirus pandemic.
LATAM Airlines Group SA said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and the United States have filed for Chapter 11 bankruptcy protection in the U.S.
China has responded to concern its decision to impose heavy tariffs on Australian barley was retaliation for a diplomatic dispute, saying Australia had launched 100-times as many trade investigations against China.
Saudi Arabia will begin easing restrictions on movement and travel this week, more than two months after stringent measures were introduced to help curb the spread of the novel coronavirus.
China's aviation regulator may make it difficult for Hong Kong's Cathay Pacific Airways Ltd to merge regional arm Cathay Dragon into its main brand because of infractions during last year's pro-democracy protests, two sources said.
China's soybean imports in April from top supplier Brazil rose 2.6% from a year earlier, customs data showed, as cargoes delayed by bad weather in the South American country began to arrive at ports.
Reuters
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