Indian buyers have resumed purchases of Malaysian palm oil after a four-month gap following a diplomatic row, with buying spurred by a fall in domestic inventories and discounted prices, trade sources said.
British budget airline easyJet said on Tuesday hackers had accessed the email and travel details of around nine million customers, as well as the credit card details of more than 2,000 of them, in a "highly sophisticated" attack.
Southwest Airlines Co said on Tuesday it recorded positive bookings on a net basis so far this month as passenger reservations outpaced trip cancellations, helping the company slow its cash burn rate.
Profits at Asian companies have plunged by an average of 43% in the first quarter, the steepest decline in at least 9 years, with the oil and consumer sector hardest hit as the coronavirus pandemic kept people at home.
Abu Dhabi's Etihad Airways has laid off hundreds of employees this month, including cabin crew, after the coronavirus pandemic forced it to ground flights, according to industry and company sources.
Thailand's cabinet approved a plan to restructure troubled Thai Airways International Pcl's finances through a bankruptcy court, the Southeast Asian country's prime minister said on Tuesday.
JDE Peet's BV, the owner of Jacobs, Douwe Egberts, Peet's Coffee and other brands, said on Tuesday it would seek to raise at least 700 million euros ($764 million) via an initial public offering on the Euronext Amsterdam exchange.
Indian buyers have resumed purchases of Malaysian palm oil after a four-month gap following a diplomatic row, with buying spurred by a fall in domestic inventories and discounted prices, trade sources said.
The United Kingdom on Tuesday announced a new post-Brexit tariff regime to replace the European Union's external tariff, maintaining a 10% tariff on cars but cutting levies on tens of billions of dollars of supply chain imports.
JDE Peet's Coffee, the owner of Jacobs, Douwe Egberts, Peet's Coffee and other brands, said on Tuesday it would seek to raise 700 million euros ($764 million) in an initial public offering of shares on the Euronext Amsterdam exchange.
Thailand's cabinet approved a plan to bring Thai Airways International Pcl to bankruptcy court for debt restructuring, the prime minister said on Tuesday.
In Thailand, you cannot have food or water in flight and must wear a mask. In Malaysia and Indonesia, the plane needs to be half-empty. In the United States and Europe, it's not mandatory for airlines to leave the middle seat open.
Australia said it will consider challenging China's imposition of hefty anti-dumping duties on Australian barley imports at the World Trade Organization (WTO), saying fears of a looming trade war with its largest trading partner were misplaced.
Delta Air Lines Inc will keep planes no more than 60% full through at least July, adding more flights to its schedule than demand would usually justify, people familiar with the matter said.
Qantas Airways Ltd could restart 40-50% of its domestic capacity in July if states relax border controls, and expects to offer low and flexible fares without social distancing measures to stimulate travel demand, its chief executive said on Tuesday.
Qantas Airways Ltd said on Tuesday it would introduce new measures on board such as providing masks and cleaning wipes to ensure safe travel and give passengers peace of mind during the pandemic but it would not leave middle seats empty.
Zarchi Lwin pawned her only two gold bangles for $140 when the owner of the Myanmar factory where she sewed winter coats for British retailer Next Plc shut it down after orders dried up due to the coronavirus.
Reuters
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