Britain's Burberry said the luxury industry could take some time to recover from the COVID-19 pandemic as it reported a 27% drop in comparable sales in the final quarter of its year, which ended with about 60% of its retail stores closed.
Malaysia's Sime Darby Plantation reported a sharp jump in first-quarter net profit, but warned volatile palm oil prices and disruptions due to the coronavirus pandemic will impact its performance for the rest of the year.
The United Kingdom will on Friday set out details of its plans for a quarantine for international arrivals, Northern Ireland Secretary Brandon Lewis said.
Britain's Burberry said the luxury industry could take some time to recover from the COVID-19 pandemic as it reported a 27% drop in comparable sales in the final quarter of its year, which ended with about 60% of its retail stores closed.
Rice prices in top exporter India hit a more than one-year peak this week bolstered by robust demand from African and Asian countries, while a cyclone damaged some crops in Bangladesh.
China does not appear to understand that Canada's judiciary is independent, Prime Minister Justin Trudeau said on Thursday, taking a rare public swipe at Beijing at a time when bilateral ties are poor.
A children's bookshop in Halifax, a game store in Vancouver, and a Toronto-based company making wireless bras and loungewear are among the few companies and products that have become necessities for Canada's households during a pandemic.
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".
The Trump Administration's coronavirus relief payment provided a fillip to sales of major retailers in April as millions of Americans used the money to buy everything from video games to sewing machines even as the country struggles with record job losses.
China does not appear to understand that Canada's judiciary is independent, Prime Minister Justin Trudeau said on Thursday, taking a rare public swipe at Beijing at a time when bilateral ties are poor.
Abu Dhabi's Etihad Airways is planning to lay off 1,200 employees as it considers permanently grounding its Airbus A380s and never operating the A350s it has ordered, company and industry sources said.
Seychelles may admit Israelis as part of an initial reopening of its tourism industry, hit hard by the archipelago's coronavirus precautions, officials said on Thursday.
Southwest Airlines Co will continue to limit bookings on its flights through at least July to give passengers space between seats, CEO Gary Kelly told shareholders on Thursday, mirroring a plan by competitor Delta Air Line In.
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".
Rice prices in top exporter India hit a more than one-year peak this week bolstered by robust demand from African and Asian countries, while a cyclone damaged some crops in Bangladesh.
Preventing the spread of berry borer beetles and harvesting in spite of labor shortages are Colombian coffee farmers' top challenges for the remainder of 2020, the head of the country's growers' federation said.
Clarks, the British shoemaker and retailer, said on Thursday it was cutting 900 jobs globally and reviewing funding options to address liquidity needs caused by the coronavirus crisis.
Owners of $1.2 billion in debt issued by Etihad and other airlines it partly owned have given the struggling Abu Dhabi carrier an ultimatum to agree to a restructuring or potentially face legal action, two sources close to the situation said.
Argentina, which has enforced one of the world's toughest travel bans against the coronavirus, plans to help charter a private flight to bring in rabbis from Israel to certify meat at the country's packing plants for kosher markets around the world.