Thai Airways International said on Tuesday it planned to cut 50% of its workforce in the next few years, as the troubled flag carrier submitted its rehabilitation plan.
State-owned Saudi Arabian Airlines (Saudia) plans to order 70 airliners from Airbus and Boeing, Saudi news outlet Maaal reported on Monday, citing unidentified sources.
Inditex staff in Spain say they are being forced out as the owner of fast-fashion brand Zara rolls out its plan to shut up to 1,200 stores worldwide, despite a company agreement with Spanish unions to project jobs.
Copper futures were on track for their third straight session of falls on Tuesday, as bleak manufacturing data from top consumer China pressured prices, while investors were cautious as they awaited a series of policy announcements later this week.
In trading on Monday, shares of IAMGold Corp (Symbol: IAG) entered into oversold territory, changing hands as low as $2.86 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 s
French luxury group Kering has taken a 5% stake in Vestiaire Collective, a leading platform for second-hand clothes and handbags, betting that the booming resale market will help it woo younger and more environmentally conscious shoppers.
Last September, in the arid hills of northern Nevada, a cluster of flowers found nowhere else on earth died mysteriously overnight. Conservationists were quick to suspect ioneer Ltd, an Australian firm that wants to mine the lithium that lies beneath the flowers for use in electric vehicle (EV) batteries.
With a collection called "Toxique, c'est chic", which showcases the knitting techniques he perfected under COVID-19 lockdown at home, James Giltner is among aspiring designers stepping into the limelight in an unusual edition of Paris' fashion week.
Investor and philanthropist Bill Gates said at a virtual conference on Monday that cheap green hydrogen would be a "huge deal" in helping the energy transition but added that its so-called green premium will factor into its use.
United Airlines Holdings Inc is adding 25 aircraft to its order for Boeing's 737 MAX jet, bringing its total to 180 in the coming years, the New York Times reported on Monday.
Russian metals producer Norilsk Nickel's (Nornickel) Chief Operating Officer Sergey Dyachenko is leaving the company as part of a management restructuring, it said on Monday.
South Africa's government unveiled plans on Monday for a special court to expedite the return of land taken from black people under apartheid by handling disputes that have held up the highly sensitive process.
Saudi Arabian Mining Co (Ma'aden), the Gulf's largest miner, plans to boost the capacity of its major fertiliser project in the north of the country this year as it expects demand to rise, its chief executive told Reuters on Monday.
Tin prices plunged more than 10% on Monday as last week's nine-year highs triggered some technical selling and prompted investors to book profits, though shortages capped losses.
China Eastern Airlines, the launch customer for China's home-built C919 jets, signed a firm order with the state planemaker on Monday to buy five of the narrowbody aircraft, the Commercial Aircraft Corporation of China (COMAC) said.