Days after photos of broken windows and smashed china hit the newsstands revealing a Christmas Day family squabble in the home of Korean Air's late patriarch, an activist fund received an unsolicited offer to help unseat the current chairman.
Airline Virgin Australia Holdings Ltd on Friday cut the group's capacity to 6% from 3% for the second half of fiscal 2020 as it grapples with plunging demand due to the coronavirus outbreak.
In trading on Thursday, shares of Alamos Gold Inc (Symbol: AGI) entered into oversold territory, changing hands as low as $4.36 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum
Most Latin American currencies touched historic lows on Thursday and regional stocks nosedived after Washington's unexpected curb on travel from Europe heightened fears that the coronavirus pandemic would slam global growth.
Brazil's state-controlled oil company Petrobras cut gasoline prices at refineries in the country by almost 10% on Thursday, the first cut since this week's oil price collapse, a move that could boost sugar production and reduce ethanol output.
(RTTNews) - Crude oil prices took heavy damage on Thursday, in line with most other equities and commodities as the coronavirus has been declared a global pandemic.
In trading on Thursday, shares of Pan American Silver Corp (Symbol: PAAS) crossed below their 200 day moving average of $17.92, changing hands as low as $15.02 per share. Pan American Silver Corp shares are currently trading down about 7.7% on the day. The chart below shows
Emirates, one of the world's biggest international airlines, expects to cancel more flights and has frozen recruitment as it faces what could be its biggest challenge in many years, the coronavirus outbreak, internal emails seen by Reuters showed.
China has drawn up food safety standards on residue limits of growth hormones in beef, a move seen as a further step towards opening up its market to American imports of the meat.
Several Latin American countries stepped up measures on Thursday to slow the spread of the coronavirus, including halting flights to and from Europe, banning public gatherings and closing schools.
In trading on Thursday, shares of Gold Fields Ltd. (Symbol: GFI) crossed below their 200 day moving average of $5.71, changing hands as low as $4.86 per share. Gold Fields Ltd. shares are currently trading off about 11.3% on the day. The chart below shows the one year perfor
In trading on Thursday, shares of B2Gold Corp (Symbol: BTG) entered into oversold territory, changing hands as low as $2.98 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a
In trading on Thursday, shares of Trex Co Inc (Symbol: TREX) entered into oversold territory, changing hands as low as $76.38 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Thursday, shares of Franco-Nevada Corp (Symbol: FNV) crossed below their 200 day moving average of $96.38, changing hands as low as $82.09 per share. Franco-Nevada Corp shares are currently trading off about 4.6% on the day. The chart below shows the one year p
In trading on Thursday, shares of Wheaton Precious Metals Corp (Symbol: WPM) crossed below their 200 day moving average of $27.22, changing hands as low as $22.00 per share. Wheaton Precious Metals Corp shares are currently trading off about 6.9% on the day. The chart below
In trading on Thursday, shares of Barrick Gold Corp. (Symbol: GOLD) crossed below their 200 day moving average of $17.40, changing hands as low as $15.47 per share. Barrick Gold Corp. shares are currently trading down about 9.3% on the day. The chart below shows the one year
The Mexican peso plunged 4% to new lows on Thursday, as did other Latin American currencies, while regional stocks nosedived after Washington's surprise move to curb travel from Europe exacerbated fears that the coronavirus pandemic would slam global growth.
The top Republican in the U.S. House of Representatives expressed strong opposition to coronavirus legislation on which the Democratic-led chamber is expected to vote on Thursday, but also said lawmakers could probably reach an agreement on changes within the next day or two.
More than $825 million was wiped off the value of listed Indian airlines on Thursday, after the government said it was restricting visit visas to halt the spread of coronavirus and investors worried that domestic travel would fade.