Fertilizer producer Mosaic Co reported a quarterly loss, compared with a year-earlier profit, as it took more than $1 billion in charges and as phosphate margins were squeezed by lower volumes as well as prices.
In trading on Wednesday, shares of First Majestic Silver Corp (Symbol: AG) crossed below their 200 day moving average of $9.44, changing hands as low as $9.26 per share. First Majestic Silver Corp shares are currently trading off about 8% on the day. The chart below shows th
Forever 21 has a new lease on life after Simon Property Group Inc, Brookfield Property Partners LP and Authentic Brands Group agreed to acquire the bankrupt teen fashion retailer.
Moncler Chief Executive Remo Ruffini said he did not rule out a tie-up with another group in the future but reiterated there was nothing concrete on the table.
A planned EU-China investment agreement looks unlikely to be struck by September as planned because of the coronavirus outbreak, European Union trade chief Phil Hogan said, while also casting doubt on deals with other Asian countries.
China plans to take over HNA Group Co and sell off its airline assets, as the coronavirus outbreak has hit the Chinese conglomerate's ability to meet financial obligations, Bloomberg reported https://www.bloomberg.com/news/articles/2020-02-19/china-said-to-near-takeover-of-hna-group-as-virus-hits-business?utm_content=business&utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter&cmpid=socialflow-twitter-business on Wednesday, citing people familiar with the matter.
Two Iranians have died in hospital after testing positive for the new coronavirus in the holy Shi'ite city of Qom, the head of the city's University of Medical Sciences told Mehr news agency on Wednesday.
China plans to take over HNA Group Co and sell off its airline assets, as the coronavirus outbreak has hit the Chinese conglomerate's ability to meet financial obligations, Bloomberg reported on Wednesday, citing people familiar with the matter.
One scientific post suggests links between the new coronavirus and AIDS, a second says it may have passed to people via snakes, while a third claims it is a pathogen from outer space.
Clothing and furnishing retailer Laura Ashley calmed concerns over its working capital, saying it has access to sufficient funds to meet immediate funding needs, sending its shares up more than 15%.
Russia's main home-grown passenger jet, the Sukhoi Superjet 100, conceived as a rival to Airbus, Bombardier and Embraer, has no confirmed orders this year beyond a long-standing deal with state carrier Aeroflot, two sources told Reuters.
As bakers in flour-stained clothes knead dough and slide trays of loaves into ovens in Sudan's capital, a cluster of yellow-vested volunteers keep watch.
Futures for Canada's main stock index were marginally up on Wednesday, gaining support from higher crude prices as a fall in the number of new coronavirus cases in China for the second straight day eased oil demand worries.
Kuwaiti lawmakers agreed on Wednesday to set up a committee to look into whether Airbus's aircraft orders from the Gulf Arab state involved alleged corruption, the state news agency reported.
The value of future firm orders at Brazil planemaker Embraer rose modestly to $16.8 billion in the fourth quarter, the company said in a securities filing, on the back of increased orders of its newest E195-E2 jet.
German exports to Britain fell for the fourth year running in 2019, according to Statistical Office data seen by Reuters, as the weak pound dampened demand and uncertainty over post-Brexit trade regulations disrupted existing supply chains.
Singapore-based commodity trader Agritrade International Pte Ltd, which has $1.55 billion due to creditors, has been placed under interim judicial management by a Singapore court, the firm's Hong Kong-listed subsidiary said in a statement.
Big manufacturing hubs on the Chinese coast are starting to loosen curbs on the movement of people and traffic while local governments prod factories to restart production, following weeks of stoppages due to the coronavirus outbreak.
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