American Airlines has authorized another $1 billion stock sale, following an ongoing $1 billion offering launched in October to boost liquidity, the company said in a regulatory filing on Friday that also detailed its aircraft financing commitments.
American Airlines has authorized the sale of another $1 billion in stock, expanding upon a $1 billion offering announced last October to boost liquidity, the company said in a regulatory filing on Friday.
India is likely to increase allocations toward its annual food subsidy spending by 4%-6% in the budget for the fiscal year beginning April 1 to cover the cost of running the world's biggest food welfare programme, said two government sources.
Hotspots of COVID-19 infection in the European Union will be labelled "dark red" zones to discourage all but essential travel, EU governments agreed on Friday.
Britain said it would extend a waiver on airport slot rules for the summer holiday season meaning airlines don't have to fly to keep their takeoff and landing windows, helping carriers hamstrung by the COVID-19 pandemic.
Norway proposed 16.3 billion crowns ($1.9 billion) in extra fiscal spending this year to help businesses, including Norwegian Air, and municipalities weather the COVID-19 crisis.
Copper prices slipped on Friday as the higher dollar and concern about demand in top consumer China triggered profit-taking, but historically low stocks helped limit losses.
Clashes broke out on Friday between protesting Indian farmers and a group of men shouting anti-farmer and pro-police slogans, and authorities used tear gas and batons to break up the fight at one of several protest sites near the capital New Delhi.
China's HNA Group said on Friday that its creditors have applied to a Chinese court for the company to be placed in bankruptcy and reorganised, in another blow to the once high-flying conglomerate.
The battle between an army of retail traders on one side and hedge funds betting against companies on the other is quickly wiping out stock market gains for 2021.
Japanese online fashion retailer Zozo Inc on Friday launched skin tone measuring glasses for ordering cosmetics online, making its latest fashion tech offering as it expands beyond apparel.
Sweden's H&M, the world's second-biggest fashion retailer, is bracing for a loss in the first quarter after full-year profits plummeted due to COVID-19, sending its shares down almost 4%.
Classic boot brand Dr. Martens said it had priced its initial public offering at 370 pence a share, giving it a market value of 3.7 billion pounds ($5.08 billion) when it starts trading later on Friday.
Thousands of Indian farmers marched overnight to reinforce protesting colleagues camping out on the outskirts of the capital, New Delhi, to press the government to withdraw three new farm laws that they say will hurt their livelihoods.
ANA Holdings, Japan's biggest airline, swung to a third-quarter operating loss of 81.4 billion yen ($779.10 million), from a 40.7 billion yen profit a year ago, as fresh coronavirus travel restrictions sapped demand for flights.
Zinc prices were set for the biggest monthly drop since February 2020 on Friday, dragged down by weakening demand in top consumer China and rising inventories in London Metal Exchange's warehouses.
So what now for Carrefour, forbidden from wedding its wealthy Canadian admirer, just as it needs to renovate? Will fate find a more suitable suitor, perhaps closer to home?
Three farm laws passed by the Indian government provide farmers new rights along with protecting their existing rights and facilities, the country's President Ram Nath Kovind told parliament on Friday.
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