The British government is proposing extending its support for low-carbon power generation through the contracts for difference (CfD) scheme which guarantees a minimum price, until the end of March 2030, it said on Thursday.
The European Commission is seeking to halve the use of chemical pesticides by 2030 to halt the decline of pollinators, in a plan likely to draw criticism both from those urging a phase-out of the substances and from farmers who say crop yields will suffer.
Canada will give C$470 million in aid to the fisheries sector and extend the federal wage subsidy program to help keep workers on payrolls, Prime Minister Justin Trudeau said on Thursday, but warned this would be a 'summer like no other' and urged people to accept the world had changed due to COVID-19.
Canadian farmers and agriculture businesses have claimed most of the C$5 billion ($3.55 billion) in extra credit offered by Ottawa to boost their cash flow during the coronavirus pandemic, in less than two months.
Planemaker Airbus has told senior staff the company must be "resized" in plans to be set out around end-June and is ready to cut jet production again to tackle any second wave of the coronavirus crisis, people briefed on the matter said.
Planemaker Airbus has told senior staff the company must be "resized" in plans to be set out by around end-June and is ready to cut jet production again to tackle any second wave of the coronavirus crisis, people briefed on the matter said.
Delta Air Lines, with more than 14,000 pilots on its roster, expects to have 7,000 more than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters.
Delta Air Lines expects to have 7,000 more pilots than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters.
Delta Air Lines said on Thursday it would no longer fly Boeing Co's wide-body 777 aircraft and some of the other older high-maintenance jets, as the U.S. carrier looks to cut costs amid a steep fall in bookings due to travel restrictions around the world.
British retailer Marks & Spencer launched a clothing sale on Thursday to help clear stock built up in the coronavirus lockdown, tapping into widespread public support for health workers by giving some proceeds to NHS charities.
Latin America will be the last region in the world to recover to pre-coronavirus air travel levels, which could be a serious blow to its weak airline industry, according to a report by consulting firm ICF set to be published on Thursday.
The top U.S. commodities markets regulator warned exchanges and brokerages on Thursday that they should be prepared for volatility and possible negative pricing for certain contracts, nearly one month after U.S. oil futures plunged into negative territory for the first time in history.
Thailand's largest agribusiness Charoen Pokphand Foods Pcl (CPF) expects to have its best year ever due to soaring pork prices and plans to expand in North America, its chief executive said on Thursday.
French metals producer Recylex said on Thursday its Weser-Metall lead production plant in Germany had filed for insolvency along with other units in its German group following falling metal demand in the coronavirus crisis.
Brazil's No. 3 airline Azul SA on Thursday posted a loss of 6.14 billion reais ($1.04 billion) in the first quarter, heavily affected by the depreciation of the country's currency.
British retailer Marks & Spencer launched a clothing sale on Thursday to help clear stock built up in the coronavirus lockdown, tapping into widespread public support for health workers by giving some proceeds to NHS charities.
China Southern Airlines is planning to issue up to 16 billion yuan ($2.25 billion) in A-share convertible bonds to fund purchases of aircraft, maintenance services and spare engines, and to boost cashflows, the carrier said on Thursday.
Reuters
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