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Virgin Australia Holdings Ltd said on Tuesday it entered voluntary administration to recapitalise the business and emerge in a stronger financial position after being battered by the coronavirus crisis and a high debt load.

Brazil's government is discussing with the country's main airlines further reducing a minimal flight schedule implemented due to the coronavirus crisis as travel demand remains close to zero, three sources told Reuters.

JBS USA said on Monday it would indefinitely shut a hog slaughterhouse that produces about 5% of U.S. pork, while Cargill Ltd said it was temporarily idling a Canadian beef-processing plant in the latest disruptions to the North American food supply chain from the coronavirus pandemic.

Cargill Ltd said on Monday it had begun the process of temporarily idling its beef plant in High River, Alberta, because of the COVID-19 outbreak and encouraged all its employees to get tested for the respiratory virus as soon as possible.

Cargill Ltd said on Monday it has begun the process of temporarily idling its beef plant in High River, Alberta due to a COVID-19 outbreak and encouraged all of its employees to get tested for the respiratory virus as soon as possible.

The European Union's chief Brexit negotiator said after the first day of renewed talks with Britain that the bloc is aiming for "tangible progress" by June on the shape of a new relationship before London severs its ties with the bloc at the end of the year.

U.S. retailers and other business groups on Monday welcomed a move by the Trump administration to allow importers to defer for three months any tariff payments they owe the government, but said they needed more tariff relief to deal with the pandemic.

The five-member Federal Communications Commission voted unanimously to approve an order to allow Ligado Networks[MOSAV.UL] to deploy a low-power nationwide 5G network despite objections from the U.S. Defense Department, other federal agencies and major U.S. airlines.

Lesotho's government has agreed with South African mediators and political parties to implement a "dignified retirement" for prime minister Thomas Thabane, a joint statement said on Monday, signalling stepped up efforts to end a political crisis.

The five-member Federal Communications Commission has unanimously voted to approve an order to allow Ligado Networks[MOSAV.UL] to deploy a low-power nationwide 5G network despite objections from the U.S. Defense Department, other federal agencies and major U.S. airlines.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

Despite the historic OPEC+ production cut deal, available oil storage capacity around the world is running thin as global oil demand continues to crumble amid lockdowns and travel restrictions in many countries.

Airbus has put six jets made for one of its largest customers up for sale after giving up on Malaysia's AirAsia taking delivery of them, sources familiar with the matter told Reuters.

United Airlines said on Monday it expects to report a pre-tax loss of about $2.1 billion for the first quarter, hurt by a precipitous drop in travel demand from the coronavirus pandemic.

United Airlines said on Monday it expects to report a pretax loss of about $2.1 billion in the first quarter, hurt by a sharp drop in travel demand from the coronavirus pandemic.

Four Swedish and Danish subsidiaries of Norwegian Air have filed for bankruptcy due to the ongoing coronavirus crisis which has grounded most of the company's fleet, the budget carrier said on Monday.

Indian businessman Vijay Mallya lost an appeal in Britain's High Court on Monday against a 2018 decision to extradite him to India to face fraud charges resulting from the collapse of his defunct company Kingfisher Airlines.

Thailand began vaccinating some 4,000 horses on Monday in a bid to contain the spread of the deadly African Horse Sickness (AHS), a disease that only affects horses and other equine animals.

Some shops and businesses opened in rural India on Monday as part of a staggered exit from a weeks-long lockdown that has left millions out of work and short of food, while coronavirus infections rose by more than 1,500 over the previous day.