Hong Kong's Cathay Pacific Airways Ltd on Monday warned of a cut in its passenger capacity by about 60% and a rise in monthly cash burn if the Asian financial hub puts into effect new measures requiring flight crew to quarantine for two weeks.
Taiwan's GlobalWafers Co Ltd has lowered the minimum acceptance threshold and extended the deal deadline in a bid to try and save its 4.35 billion euro ($5.3 billion) offer for German silicon wafer maker Siltronic.
British online fashion retailer ASOS said on Monday it was in exclusive talks to buy the Topshop, Topman, Miss Selfridge and HIIT brands from the administrators of British tycoon Philip Green's Arcadia Group.
U.S. refiners are girding for a painful slate of fourth-quarter earnings, reflecting the pressure of rising crude prices, weak demand due to renewed COVID-19 travel restrictions, and higher costs of associated with blending of renewable fuels into their products.
Copper prices fell on Monday on demand worries due to rising coronavirus cases in top consumer China and ahead of seasonally slow consumption during the Lunar New Year holiday.
Online fashion retailer Boohoo Group Plc is set to acquire collapsed British department store group Debenhams in a cut-price deal that will result in the closure of the group's remaining department stores, the Financial Times reported on Sunday.
President Joe Biden will impose a ban on most non-U.S. citizens entering the country who have recently been in South Africa starting Saturday in a bid to contain the spread of a new variant of COVID-19, a senior U.S. public health official told Reuters.
Israel will ban passenger flights in and out of the country from Monday evening for a week, the government announced on Sunday, as protesters in some ultra-Orthodox Jewish communities clashed with police over coronavirus lockdown measures.
Police in India's capital New Delhi will allow thousands of protesting farmers to drive through the city after this week's Republic Day military parade, despite security concerns, a senior official said on Sunday.
Bahrain's Gulf Air is in talks with Airbus and Boeing to delay some aircraft deliveries as the pandemic continues to distrupt global travel, its acting chief executive said on Sunday.
Bangladesh will buy 100,000 tonnes of rice from Myanmar, putting aside a rift over the Rohingya refugee crisis as the government races to overcome a shortage of the staple food for the country's more than 160 million people.
British online fashion retailer ASOS Plc has emerged as a surprise front-runner to buy the Topshop brand from the administrators of British tycoon Philip Green's Arcadia Group, Sky News reported on Saturday.
Larry King, who quizzed thousands of world leaders, politicians and entertainers for CNN and other news outlets in a career spanning more than six decades, has died aged 87, his media company said in a statement on Saturday.
Chinese copper producer Zhongtiaoshan Non-ferrous Metals Group is close to securing a backdoor listing for smelting unit Northern Copper after Shenzhen-traded Nafine Chemical Industry Co announced details of a planned restructuring.
Apax Partners-owned shoemaker Cole Haan Inc on Friday filed an application to withdraw its plans for an initial public offering, according to a regulatory filing.
Germany on Friday rejected a claim by Argentina that a request by airline Lufthansa to fly over Argentina en route to the Falkland Islands implied a recognition of them as Argentine territory.
Brazilian farmers are poised to reap a record harvest of 132.2 million tonnes of soybeans in 2021 despite a drought that delayed plantings, according to the average of estimates in a poll of 13 analysts on Friday.
Boeing Co said on Friday it will begin delivering commercial airplanes capable of flying on 100% biofuel by the end of the decade, calling reducing environmental damage from fossil fuels the "challenge of our lifetime."
The World Health Organization said on Friday it had reached an agreement with Pfizer for 40 million doses of its vaccine against COVID-19, allowing it to begin vaccinating people in poor and lower-middle income countries under its COVAX programme next month.
In trading on Friday, shares of Alcoa Corporation (Symbol: AA) entered into oversold territory, changing hands as low as $19.17 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o
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