The White House's top trade advisor denied on Tuesday that the Trump administration was considering a three-month deferral of tariff payments on imported goods to ease the pain of the economic shutdown caused by the coronavirus pandemic.
Soybean deliveries to crushing plants have been severely cut in Argentina, the world's top supplier of soymeal livestock feed, as the country reacts to the coronavirus pandemic, the local grains export industry chamber said on Tuesday.
Qantas Airways Ltd on Wednesday secured A$1.05 billion ($627.8 million) against its aircraft fleet to help it ride out the coronavirus crisis, sending shares up 30%, as airlines in the Asia-Pacific region took the knife to capacity and jobs.
Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the first drop in China sales in nearly six years due to the coronavirus-fueled shutdowns.
Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the drop in China sales due to the coronavirus-fueled shutdowns.
S&P Global Ratings on Tuesday cut Delta Air Lines Inc's rating to junk status, citing a steep decline in demand as the aviation sector reels under the coronavirus crisis and seeks government help.
Latin American airlines, which had already cut the vast majority of international flights, on Tuesday announced dramatic cuts to domestic operations as the coronavirus outbreak spreads through the region and hampers demand.
The United States and China have made progress in implementing the agriculture-related provisions of a Phase 1 trade deal that took effect on Feb. 14, the U.S. Department of Agriculture (USDA) and U.S. Trade Representative said on Tuesday.
London spot gold prices fell far below U.S. gold futures on Tuesday in a sign that the market is worried that air travel restrictions and precious metal refinery closures will hamper shipments of bullion to the United States to meet contractual requirements.
U.S. lawmakers are nearing agreement on a package of grants for passenger and cargo airlines and contractors worth $32 billion as part of a massive U.S. stimulus and rescue package amid the massive travel demand falloff because of the coronavirus outbreak, three people briefed on the matter said.
The key Brazilian farm town of Canarana has issued a decree aimed at curbing the spread of coronavirus that could disrupt grain export logistics and the operations of global agriculture commodities traders, according to a municipal order.
The United States and China have made progress in implementing the agriculture-related provisions of a Phase 1 trade deal that took effect on Feb. 14, the U.S. Department of Agriculture and U.S. Trade Representative said on Tuesday.
U.S. lawmakers are nearing agreement on a package of grants for passenger and cargo airlines and contractors worth $32 billion as part of a massive U.S. stimulus and rescue package amid the massive travel demand falloff because of the coronavirus outbreak, three people briefed on the matter said.
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Air Canada has reached an agreement that would allow the airline to furlough up to 600 pilots because of plummeting traffic due to coronavirus, according to a letter from the union reviewed by Reuters on Tuesday.
Austria will massively expand coronavirus testing in coming days to locate and isolate infected people and avoid an Italian-like overload of its health system, Chancellor Sebastian Kurz said on Tuesday.
Britain has told airlines it will only consider stepping in to help them survive the coronavirus crisis once they have explored the possibility of raising capital from other sources including existing investors.
Cannabis sales are touching new highs as customers across the United States and Canada stockpile weed to prepare for long spells of isolation because of the coronavirus pandemic.
Energy has, until a few days ago, been one of the hardest hit sectors in this market collapse. The oil and gas stocks were already being hit before this all began on fears about global growth.
Air Canada has reached an agreement with its pilots association that would allow the airline to furlough up to 600 pilots, according to a letter from the union reviewed by Reuters showed on Tuesday.