World food prices fell sharply in March, hit by a drop in demand tied to the coronavirus pandemic and a plunge in global oil prices, the United Nations food agency said on Thursday.
British Airways is in talks with its union about a plan to suspend around 32,000 staff in response to the coronavirus pandemic, a person familiar with the situation said.
South African feed and poultry company Quantum Foods said on Thursday half-year earnings could fall as much as 38%, partly due to a margin squeeze in its egg business because of lower selling prices.
China's domestic flights rose by about a fifth in March from the previous month, the aviation regulator said, but that was still less than half the flights before the shutdowns due to the coronavirus, showing the sector is recovering only gradually.
Boeing Co is set to offer buyout and early retirement packages to employees, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the coronavirus pandemic.
The Chinese city of Shenzhen has banned the eating of dogs and cats as part of a wider clampdown on the wildlife trade since the emergence of the new coronavirus.
Boeing Co was set to offer employee buyout and early retirement packages, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the coronavirus pandemic.
China's fruit farmers, hurt by lost crops from coronavirus lockdowns and a slow recovery in demand, are looking to reduce plantings, switch crops or even take other jobs to cover their losses.
Grocery stores hiring staff by the tens of thousands. A telecommunications company pausing a major workforce cull. Big banks slashing mortgage rates by several times the official rate cut, and offering loan holidays for shuttered businesses.
The U.S. Treasury Department has hired Wall Street bankers and lawyers to advise on providing tens of billions of dollars in aid to the airline, cargo and defense sectors, people familiar with the matter said on Wednesday.
South Korean budget airline Eastar Jet plans to cut about 700 out of some 1,600 jobs due to operational difficulties from the coronavirus outbreak, the carrier's spokesman said on Thursday.
The U.S. Treasury Department plans to hire PJT Partners Inc, Moelis & Co and Perella Weinberg Partners to advise on the airline portion of Washington's $2 trillion stimulus bill, the Wall Street Journal reported on Wednesday.
President Donald Trump said on Wednesday he was considering a plan to halt flights to U.S. coronavirus hot spots as the United States struggles to contain a pandemic projected to kill at least 100,000 people.
China's ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than during the country's coronavirus lockdown as the global spread of the virus chokes off international demand.
A Chilean consul in the Argentine grains hub city of Rosario has died after being infected by the coronavirus, Chile's foreign ministry said on Wednesday, as the global pandemic spreads through South America.
In trading on Wednesday, shares of Gerdau S.A. (Symbol: GGB) entered into oversold territory, changing hands as low as $1.77 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), set a tender on Wednesday to buy an unspecified amount of wheat from global suppliers for shipment May 5-20.
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