With millions of people hungry in Venezuela, acute fuel shortages are forcing farmers to let crops rot in fields or feed them to livestock since they cannot transport food to market during the coronavirus quarantine.
Norway's parliament voted through a new company restructuring law on Friday that could help save Norwegian Air and many other companies from potential bankruptcy as a result of the restrictions to stem the spread of COVID-19.
Thailand’s budget and full-service carriers are seeking soft-loans worth 25 billion baht ($770.65 million) from the government to support their businesses amid the coronavirus outbreak, an airline executive said on Friday.
China's securities regulator said on Friday it had approved the launch of hog futures by the Dalian Commodity Exchange in a long awaited move for the world's top pork producer.
German supermarket chain Rewe is looking for takeover candidates to complement its grocery and tourism activities, despite the coronavirus crisis, chief executive Lionel Souque said on Friday.
Steel stockpiles in China fell for a sixth straight week helped by accelerating demand in construction sector, but were still hovering near a five-year high as mills ramped up production after slowing output during the height of the coronavirus outbreak.
EU leaders finally agreed to build a trillion-euro emergency fund to fund recovery from the coronavirus pandemic. But while they managed to avoid another all-night bust-up, they have left the more divisive details until the summer.
Two state-owned banks in South Korea said on Friday they would provide up to 1.2 trillion won ($971 million) in liquidity to support Korean Air Lines Co Ltd as the aviation industry reels from the coronavirus crisis.
British luxury brand Burberry will continue to pay its employees who are unable to fulfil their roles because of store or site closures during the coronavirus crisis and will not rely on government help, it said on Friday.
Two state-owned banks in South Korea said on Friday they will provide up to 1.2 trillion won ($972 million) in liquidity to support Korean Air Lines Co Ltd as the aviation industry reels from the coronavirus crisis.
British luxury brand Burberry will continue to maintain base pay for all of its employees who are unable to fulfil their roles because of store or site closures, it said on Friday.
In Nigeria's Benue state, the food basket of the country, Mercy Yialase sits in front of her idle rice mill. Demand is high across the nation, but she already has mounds of paddy rice that are going nowhere amid the COVID-19 lockdown.
Virgin Australia Holdings Ltd owes A$6.9 billion ($4.39 billion) to more than 10,000 creditors based on an initial review and will seek a three-month payment waiver from aircraft lessors, according to the company's administrators.
Virgin Australia Holdings Ltd owes A$6.9 billion ($4.39 billion) to more than 10,000 creditors based on an initial review, according to an affidavit from one of the company's administrators.
L Brands Inc filed a legal complaint against Sycamore Partners on Thursday, after the buyout firm walked away from a $525 million deal to acquire a majority stake in the company's Victoria's Secret lingerie brand.
All United Airlines flight attendants must wear a face covering or mask while on duty starting April 24, the airline said on Thursday, in the first such rule by a major U.S. carrier.
All United Airlines flight attendants must wear a face covering or mask while on duty starting April 24, it said on Thursday, in the first such rule by a major U.S. carrier.
There is "substantial doubt" about Avianca Holdings' ability to stay in business due to the coronavirus crisis, the Colombian airline reported on Thursday, citing the conclusion of its financial auditors.
Reuters
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