Hanjin Kal, owner of Korean Air Lines, is expected to bar some members of the carrier's founding family from managing some affiliates as it consolidates Korean Air with Asiana Airlines, a state bank said.
Major food-producing countries are growing increasingly frustrated with China's scrutiny of imported products and are calling on it to stop aggressive testing for the coronavirus, which some say is tantamount to a trade restriction.
Pakistan said on Tuesday that it has approved cash funding to support its flagship carrier Pakistan International Airline's planned voluntary retirement scheme that aims to cut roughly one-third of its workforce.
The world's largest producer of crude palm oil, Malaysia's FGV Holdings Bhd (FGV), warned on Tuesday that its fourth-quarter output would be hit by uncertainties over the weather and curbs to limit the spread of the coronavirus.
International Consolidated Airlines Group has managed to cut the purchase price for Spanish carrier Air Europa to 300-400 million euros ($355-$474 million), news website El Confidencial reported on Tuesday citing unidentified sources.
EasyJet plunged to a 1.27 billion pound ($1.68 billion) loss in the 12 months to the end of September, showing the extent of the impact of the pandemic on the British low-cost airline which had never before made an annual loss in its 25 year history.
Japan's Nikkei share average closed at a 29-year high on Tuesday as investors cheered news of another potential coronavirus vaccine that re-ignited hopes of a swift global recovery.
Malaysia's FGV Holdings Bhd (FGV), the world's largest crude palm oil producer, on Tuesday posted a third-quarter profit compared with a year-ago loss and said it expects the commodity's price to remain strong until the end of 2020.
After a losing bet on the potential of economies across the African continent, South African retailers are in retreat to their home market - and their timing could hardly be worse.
Out in Australia's grain fields, farmers have started harvesting one of their biggest ever barley crops, after drought-relieving rains convinced many to plant to the edges of their paddocks.
The U.S. House of Representatives is set to vote on Tuesday on bipartisan legislation to reform the Federal Aviation Administration’s (FAA) aircraft certification process after two fatal Boeing 737 MAX crashes killed 346 people.
Brazilian airline Azul SA on Monday reported a third-quarter loss of 1.2 billion reais ($220 million) but signaled a faster-than-expected recovery in air travel demand, forecasting it will be operating 80% of its normal flights by year-end.
Groupe ADP, operator of Paris Charles de Gaulle airport, on Monday estimated that traffic in 2021 would be 45% to 55% of 2019 levels based on a gradual pick up from April.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Above-average rainfall last week in most of Ivory Coast's cocoa regions would support the final stage of the October-to-March main crop, farmers said on Monday, adding that early dry Harmattan winds could be a concern for the crops.
Boeing Co is set to win approval for its grounded 737 MAX this week, but chinks are appearing in the brand as the most traumatic chapter in the jetmaker's history overshadows the planes' original billing of superlative performance.
Tyson Foods Inc beat quarterly sales estimates on Monday, as the largest U.S. meat processor benefited from consumers buying more of its beef and pork products during the COVID-19 pandemic.
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