A resolution compelling Brazilian food processor JBS SA to sue its own controlling stakeholders and certain former managers was approved by a shareholder vote, JBS parent company J&F Investimentos said in a statement.
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A resolution compelling Brazilian food processor JBS SA to sue its own controlling stakeholders and certain former managers was approved by a shareholder vote, JBS parent company J&F Investimentos said in a statement, confirming what a source familiar with the matter earlier told Reuters.
The head of French aerospace group Safran said on Friday it is closely watching specialist materials supplier Aubert & Duval (A&D) and did not rule out taking a stake in the troubled Eramet unit, one of its critical suppliers.
Under Armour Inc forecast full-year revenue above analysts' estimates on Friday, boosted by a surge in online demand from shoppers looking for athletic apparel for home or outdoor workouts.
Oil prices will be hemmed in the $40-45 per barrel range for the rest of the year, a Reuters poll showed on Friday, with analysts expecting a rough road to recovery into 2021 as an accelerating coronavirus outbreak fans renewed demand concerns.
Under Armour Inc beat quarterly revenue estimates on Friday, helped by online demand from shoppers looking for athletic apparel for home or outdoor workouts.
After nearly five years of Brexit crisis, the European Union and Britain are making a last ditch attempt to clinch a thin trade deal that would govern nearly a trillion dollars in annual imports and exports from 2021.
The Dutch government on Friday rejected a restructuring plan presented by Air France-KLM's Dutch subsidiary to cope with the effects of the pandemic due to what The Hague sees as insufficient commitment by the company's workers to wage freezes.
Britain's FTSE 100 .FTSE index is seen opening 13 points higher at 5,594 on Friday, according to financial bookmakers, with futures down 0.823% ahead of cash market open.
British Airways-owner IAG said it was driving down its cost base, with new CEO Luis Gallego sticking to his predecessor's policy of cutting employee and supplier costs to survive the deepening travel slump.
Swiss agrichemicals and seeds company Syngenta Group boosted third-quarter sales and operating profit despite challenging market conditions, the unit of ChemChina [CNNCC.UL] said on Friday.
Japan Airlines Co Ltd (JAL) on Friday forecast a record operating loss of as much as 380 billion yen ($3.63 billion) for the year through March, and said it would retire 24 Boeing Co 777 planes early as the pandemic hits travel demand.
Japan Airlines Co Ltd (JAL) said on Friday it expected a record operating loss of up to 380 billion yen ($3.63 billion) in the year to March 31, as it forecast international route demand would still be below 50% by then, thanks to the pandemic.
Sales at Safran fell 44.5% in the third quarter to 3.382 billion euros ($4 billion) from a year ago but steadied compared to the previous quarter, prompting the French aerospace group to reaffirm full-year forecasts despite new coronavirus lockdowns.
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