Ivory Coast's cocoa board has temporarily suspended Cargill [CARGIL.UL], Barry Callebaut and some other traders from buying new beans, it said on Tuesday, claiming they have already exceeded their contracted exports for this season.
Indian airline SpiceJet Ltd said on Tuesday it would cut employee salaries by 10% to 30% in March as a nationwide lockdown to contain the spread of the coronavirus crimps travel demand.
China has agreed to allow imports of Canadian canola to resume, two sources briefed on the matter told Reuters on Tuesday, lifting a ban in place since March 2019 that had halted $2 billion worth of trade.
Canada's main stock index futures rose on Tuesday after U.S. President Donald Trump and Russian President Vladimir Putin agreed to talks aimed at stabilising energy markets, and China posted an unexpected expansion in factory activity.
U.S. regional carriers asked the U.S. Treasury Department on Monday to prioritize assistance for them when awarding $25 billion in cash grants to help the struggling industry stay afloat, according to a letter seen by Reuters.
The founder and former chairman of Norwegian Air have reduced their shared stake to 4.64% from 9.99% a week ago, Bjoern Kjos and Bjoern Kise said on Tuesday.
Philippine Airlines and other domestic carriers have written to their government seeking help, saying measures imposed globally to contain the coronavirus pandemic threaten their survival.
The founder of Norwegian Air and its ex-CEO, Bjoern Kjos, and its former chairman, Bjoern Kise, have cut their joint stake in the carrier to just 4.64%, they said on Tuesday, down from 9.99% a week ago.
British Airways said it is temporarily suspending flights from Gatwick Airport in southern England, Britain's second busiest airport, due to the coronavirus.
Airlines must suggest possible compensation in return for government cash assistance and agree to conditions that include not cutting pay or laying off employees through Sept. 30, the U.S. Treasury Department said in guidelines issued on Monday as it prepares to quickly hand out $25 billion.
Rio Tinto Ltd will close one of the aluminium production lines at its smelter in Tiwai, New Zealand, to comply with government restrictions to contain the coronavirus, its New Zealand's Aluminium Smelters (NZAS) venture said on Tuesday.
U.S. Trade Representative Robert Lighthizer on Monday said the United States would seek to promote more domestic manufacturing of key medical supplies in light of the strategic vulnerabilities laid bare by the coronavirus pandemic.
Rio Tinto Ltd said on Tuesday its Tiwai smelter in New Zealand will scale back some operations to ensure the health and safety of its workers and comply with government restrictions on containing the coronavirus.
JBS USA will reduce beef production for two weeks at a Pennsylvania facility after managers displayed flu-like symptoms, the company said on Monday, making it the first U.S. meat plant to cut operations due to worries over the coronavirus pandemic.
Major global airlines projected layoffs, furloughs and capacity cuts over the next few months, with Air New Zealand on Tuesday warning it expected staffing levels to be 30% lower than it is now, due to the coronavirus pandemic.
American Airlines Holdings Inc intends to apply for up to $12 billion in government aid, ensuring no involuntary layoffs or pay cuts in the next six months, executives said in a memo to employees on Monday.
Major global airlines projected layoffs, furloughs and capacity cuts over the next few months, with Air New Zealand warning that it expected staffing levels to be 30% smaller than it is now, due to the coronavirus pandemic.
Virgin Australia Holdings Ltd said on Tuesday it is seeking a government loan of A$1.4 billion ($862.68 million) and exploring other options to get through the coronavirus crisis.
American Airlines Holdings Inc intends to apply for up to $12 billion government aid, ensuring no involuntary layoffs or pay cuts in the next six months, executives said in a memo to employees on Monday.