Mitsubishi Heavy Industries Ltd (MHI), Japan's biggest aerospace manufacturer, said on Friday it would freeze development of its SpaceJet regional aircraft to focus on renewable energy and other businesses that will bolster profits.
Delta Air Lines Inc and the union that represents its pilots have reached a preliminary cost-cutting deal that will prevent furloughs until Jan. 1, 2022, the union said late on Thursday.
Devon Energy Corp on Thursday slightly lowered its spending forecast for the year and pointed to improving activity ahead, benefiting from better well performance and a recovery in oil prices.
Exxon Mobil Corp was once the largest U.S. publicly traded company by market value in the United States. Now, the oil major is not even the most valuable energy name, having been surpassed by rivals and even a renewable company, as it tries to maintain its hefty dividend.
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".
South Africa's government said on Thursday it wanted its national airline flying again in the first half of next year, after giving it a 10.5 billion rand ($650 million) bailout in the mid-term budget.
Mexican buyers booked deals to buy their largest volume of corn from the United States since December 2019, the U.S. Agriculture Department said on Thursday.
Exxon Mobil Corp was once the largest U.S. publicly traded company in the United States. Now, the oil major is not even the largest energy name, having been surpassed by rivals and even a renewable company, as it tries to maintain its hefty dividend.
South Africa's plan to freeze public sector wages, announced by the finance minister in a budget speech, will face opposition from labour unions, ratings firm Fitch said on Thursday.
Ganfeng Lithium, one of the world's top producers of the commodity used in electric-vehicle batteries, on Thursday reported a big jump in third-quarter profit but pulled out of a deal that would have boosted its output.
Brazil, one of the world's largest agricultural producers, is importing food staples including soybeans due to a rise in domestic prices, President Jair Bolsonaro said in a video posted on social media.
South Africa's plan to freeze public sector wages, announced by the finance minister in a budget speech, will face opposition from labour unions, ratings firm Fitch said on Thursday.
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".
Aena shareholders voted in favour of an action plan against climate change at the Spanish airport operator's annual general meeting on Thursday, in a global first for the sector, following pressure from activist investor Chris Hohn.
For many West Bank Palestinians, the olive tree is both a revered cultural emblem and an economic necessity - but it has also become a focal point of a struggle between them and Israeli settlers for a land they both claim.
Interglobe Aviation Ltd, which runs India's largest airline IndiGo, reported its steepest quarterly loss on Thursday as pandemic-related travel restrictions continued to dent its operations.