A delay to Asia's first travel bubble between Hong Kong and Singapore has hit the shares of their flag carriers and highlighted the challenges facing the global travel industry as it tries to rebound from the pandemic.
Italy's Benetton family has ousted Gianni Mion as head of its holding company Edizione, replacing him with well-connected business professor Enrico Laghi, the company said on Sunday, as it tries to solve a long-running dispute over its motorway unit.
Delta Air Lines Chief Executive Ed Bastian hinted at the possibility of purchasing Boeing Co's 737 MAX, which was recently approved to fly again by U.S. regulators, in an interview to the Financial Times on Sunday.
Delta Air Lines Chief Executive Ed Bastian said the travel corridor between New York and London is complicated and it would be easier to relaunch transatlantic flights to "just about any" other European capital, Britain's Financial Times reported on Sunday.
The future of Boeing Co's freshly approved 737 MAX is in the hands of nearly 700 workers toiling behind the gray doors of a three-bay hangar at a desert airport in Washington state.
Rescuers were searching for the last of 10 miners trapped at South Africa's Gamsberg zinc mine on Saturday and mining activity remains suspended, owner Vedanta Zinc International (VZI) said.
Malaysia Airlines' parent company has sought financial aid from its sole shareholder, the nation's sovereign wealth fund, as debt restructuring talks with creditors drag on, the company said on Saturday.
Delta Air Lines and Canada's WestJet said late on Friday they had scrapped a proposed U.S.-Canada joint venture after the U.S. government demanded changes the airlines insisted were "unreasonable and unacceptable".
Taiwan's foreign minister voiced confidence on Saturday that the incoming government of U.S. President-elect Joe Biden would support a long sought-after bilateral trade agreement, following high level economic talks with the outgoing administration.
America's biggest biofuel companies plan to ask President-elect Joe Biden to impose a nationwide standard to reduce carbon emissions from transport fuels, according to five sources familiar with the matter, and hope to preserve a role for products like ethanol amid the fight against climate change.
"Good progress" has been made in parts of a new program between the International Monetary Fund and Argentina, IMF officials said in a statement on Friday.
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Japan's ANA Holdings Inc plans to issue new shares following a board meeting as early as next week, two sources said, a move that would see it raise around $1.9 billion to bolster its balance sheet.
Japan's ANA Holdings Inc plans to issue new shares following a board meeting as early as next week, two sources said, a move that would see it raise around $1.9 billion to bolster its balance sheet.
Vistara, an Indian full-service airline owned by Tata Group and Singapore Airlines, is considering starting direct flights to the United States as the COVID-19 pandemic increases demand for non-stop travel, a senior executive said on Friday.
Nike Inc said on Friday it would raise its quarterly dividend by 12%, or 3 cents per share, underscoring the financial strength of the world's largest sportswear maker in the midst of the COVID-19 pandemic.
NetJets, a private jet firm owned by Warren Buffett's Berkshire Hathaway, expects aircraft deliveries to rise by a third next year, as wealthy travelers looking to avoid commercial flights due to the COVID-19 pandemic fuel a recovery in demand.