India on Thursday said airlines can resume about one-third of their operations from May 25, two months after the country imposed a ban on air travel as it went into lockdown to curb the spread of the novel coronavirus.
Britain's FTSE 100 index is seen opening 33 points lower on Thursday, according to financial bookmakers with futures down 0.6% ahead of cash markets open.
British low-cost airline easyJet said it would restart a small number of flights on June 15, becoming the latest airline to plan for the return of European travel by making face masks mandatory onboard.
British low-cost airline easyJet said a small number of flights would restart on June 15 and that passengers and cabin crew would all be required to wear masks when travelling.
The collapse in oil prices to 21-year lows has led potential buyers of oil and gas fields to try and renegotiate deals already agreed at higher prices, with the first examples emerging of sellers having their hand forced.
Malaysia voiced its commitment to further strengthen diplomatic and trade ties with India, after the world's largest edible oil buyer renewed purchases of Malaysian palm oil, in a sign of improving relations between the two countries.
Retailer Canada Goose Holdings Inc said on Wednesday it has laid off 125 workers, about 2.5% of its global workforce, as part of steps to cope with the impact of COVID-19 on its business.
Canada Goose Holdings Inc has laid off about 250 workers, as the COVID-19 pandemic saps demand for the company's luxury parkas, the Wall Street Journal reported on Wednesday.
Airline Lufthansa said on Thursday it is in advanced talks with the German government's economic stabilisation fund over a rescue deal worth up to 9 billion euros ($9.9 billion), including the state taking a 20% stake in the company.
Airline Lufthansa said on Thursday it is in advanced talks with the German government's economic stabilisation fund over a rescue deal worth up to 9 billion euros ($9.88 billion), including the state taking a 20% stake in the company.
Fonterra said on Thursday the coronavirus outbreak was "like nothing we've experienced before" even as the world's largest dairy exporter posted a near 59% jump in nine-month underlying operating profit due to agreed upon contracts.
L Brands Inc posted a bigger-than-expected quarterly loss on Wednesday, as its Victoria's Secret and Bath & Body Works stores remained shut during the period due to the cornavirus-induced lockdowns.
L Brands Inc reported a 37% slump in quarterly net sales on Wednesday, hit by weak demand for its Victoria's Secret lingerie brand amid the COVID-19 pandemic.
Colombia on Wednesday followed Argentina's footsteps and imposed one of the toughest travel bans in the world to fight coronavirus, saying no international passenger flights will be allowed until Aug. 31.
A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said.
The world's largest airliner, the Airbus A380, took a step closer to the aviation archives on Wednesday as Air France said it would permanently axe its grounded fleet and sources said Emirates was in talks to reduce remaining deliveries.
There will be no cap on the size of Canada's emergency loans to large companies harmed by the coronavirus pandemic but there will be multiple restrictions, including one that gives taxpayers a chance to share in the upside of the borrower's potential recovery, the government said on Wednesday.
The German government has agreed on final details of a rescue package for struggling airline carrier Lufthansa , Der Spiegel magazine reported on Wednesday.
The European Union's Brexit negotiator said on Wednesday that Britain was not automatically entitled to any benefits that the bloc had previously granted to other partners on trade.
Reuters
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