In trading on Thursday, shares of Arconic Inc (Symbol: ARNC) entered into oversold territory, changing hands as low as $7.24 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
Vietnam Airlines will lose 50 trillion dong ($2.12 billion) in revenue this year as most of its 106-strong fleet have been grounded due to the coronavirus, state media reported on Thursday.
British Airways has reached an agreement with the Unite union to furlough staff on 80% of pay without any cap on earnings and without anyone being made redundant, the union said on Thursday.
Germany is in talks to provide Lufthansa with billions of euros in state aid and could take a stake in the airline, which has grounded 95% of its fleet due to the coronavirus pandemic, people close to the matter said.
In trading on Thursday, shares of Kinross Gold Corp. (Symbol: KGC) crossed above their 200 day moving average of $4.62, changing hands as high as $4.80 per share. Kinross Gold Corp. shares are currently trading up about 7% on the day. The chart below shows the one year perfo
The global sliver market will be undersupplied for a third year in 2020 as investors are lured by decade-low prices, offsetting expected falls in its use by jewellers and industry, a report forecast.
Middle Eastern and African governments must act faster to protect their airlines, the International Air Transport Association said on Thursday, warning their losses from the coronavirus pandemic had risen to $23 billion.
Southwest Airlines Co said on Thursday it intends to file an application with the U.S. Treasury department for aid to help it ride out the sharp drop in travel demand caused by the massive lockdowns because of the coronavirus pandemic.
Oil punters have been watching unfolding developments in the energy space with bated breath after Saudi Arabia made good on its promise to ramp up production to 12 million bpd, and Russia indicated plans to refrain from further production hikes saying such a move is unprofitable
Germany is in talks to provide Lufthansa with billions of euros in state aid and could take a stake in the airline, which has grounded more than 90% of its fleet due to the coronavirus pandemic, people close to the matter said.
Southwest Airlines Co said on Thursday it intends to file an application with the U.S. Treasury department for aid related to the disruption caused by the coronavirus pandemic.
Lufthansa is in talks over securing billions of euros of state aid, including a possible equity stake, people close to the matter said as the German airline has seen more than 90% of its fleet grounded due to the coronavirus pandemic.
China's commerce ministry will relax or remove restrictions on car purchases in some regions to help sales of new vehicles, while accelerating plans to boost the scrapping of old ones.
Six planes carrying more than 4,000 high-quality French breeding pigs have arrived in China so far this year, the first of an expected dozens of plane-loads as the world's top pork producer rebuilds its decimated hog herd.
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.