Delta Air Lines and Southwest Airlines on Thursday cautioned that the recent surge in COVID-19 cases may have a negative impact on travel over the winter holidays, a period the sector had hoped would see improved bookings.
Avianca Holdings said on Thursday it has won the support of a large number of institutional investors and existing lenders, meaning it will no longer need the Colombian government's participation as part of its restructuring process.
In trading on Thursday, shares of Kaiser Aluminum Corp. (Symbol: KALU) crossed below their 200 day moving average of $71.56, changing hands as low as $69.17 per share. Kaiser Aluminum Corp. shares are currently trading down about 2.9% on the day. The chart below shows the one
Norsk Hydro will pay a dividend to shareholders next week, the company said, reinstating a payout for 2019 that had been suspended in April because of uncertainty caused by the COVID-19 pandemic. [nL8N2BQ744]
Delta Air Lines and Southwest Airlines on Thursday cautioned that the recent surge in COVID-19 cases may have a negative impact on travel over the winter holidays, a period the sector had hoped would see improved bookings.
Food processor JBS SA reiterated plans to grow production capacity in Brazil and in the United States after posting strong third quarter results, executives said in a conference call to discuss earnings on Thursday.
London Metal Exchange (LME) aluminium has this week hit its highest level since March 2019. The three-month price CMAL3 is sitting just below Monday's high print of $1,935 at a current $1,925 per tonne.
Votorantim SA, one of Brazil's biggest diversified holding companies, reported on Thursday a third-quarter net income of 77 million reais, driven mainly by a jump in cement and metal sales and reversing a loss posted in the year earlier period.
Argentina's wheat harvest is seen at 16.7 million tonnes, slightly down from the previous 17 million tonne estimate due to a prolonged drought, the Rosario Grains Exchange (BCR) said.
Suedzucker, Europe's largest sugar refiner, said on Thursday its earnings would be hit by expected losses during the restructuring of British commodity group ED&F Man in which it holds a stake of about 35%.
Southwest Airlines Co said on Thursday it was seeing a slowdown in improving revenue trends in recent weeks, at a time when COVID-19 cases are rising in the United States.
Southwest Airlines Co said on Thursday it has seen a slowdown in revenue improvement in recent weeks for the months of November and December, at a time when COVID-19 cases are rising in the United States.
South Korea's Hanjin Group, owner of the nation's largest airline Korean Air Lines Co Ltd, is in talks to acquire debt-ridden Asiana Airlines Inc, local media reported on Thursday, citing unnamed investment banking sources.
The global zinc concentrate market is forecast to switch back to a surplus in 2021, after a short-lived deficit this year, Chinese metals research house Antaike said on Thursday.
Irish Prime Minister Micheal Martin said on Thursday that U.S. President-elect Joe Biden wanted a Brexit trade deal to be clinched with the European Union so British Prime Minister Boris Johnson should knuckle down and strike an agreement.
Britain's FTSE 100 index is seen opening 62 points lower at 6,320 on Thursday, according to financial bookmakers, with futures down 0.79% ahead of cash market open.
Younger and urban customers helped return Burberry to growth in October, with the British luxury brand's comparable quarterly store sales falling by less than expected despite the ongoing effects of the coronavirus crisis.
Emirates lost $3.4 billion in the first six months of the year, tipping the Dubai state-owned airline's holding company into its first half-year loss in more than thirty years.
Israel's ICL (ICL) reported lower third quarter earnings that topped estimates, and said it expects the market to normalize from the impact of COVID-19 next year with stronger demand for bromine-based flame retardants and fertilizers.
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