Russian aluminium producer Rusal on Tuesday reported a 7.6% fall in its third quarter aluminium sales compared with a year ago as the coronavirus pandemic hit demand for its metal used in construction materials, cars and cans.
ANA Holdings Inc, Japan's biggest airline, on Tuesday forecast a record operating loss of 505 billion yen ($4.82 billion) for the year to March, after coronavirus-related travel restrictions forced it to cancel flights and ground aircraft.
Etihad Airways, wholly owned by the Abu Dhabi government, on Tuesday began marketing U.S. dollar-denominated "transition" sukuk, or Islamic bonds, a document showed.
Affluent travelers avoiding commercial flights during the pandemic are helping fuel a recovery in pre-owned corporate aircraft transactions this year and reviving shoots of demand for new planes even as the business aviation industry braces for a slump in 2020 deliveries.
Dubai airport, the world's busiest for international travel before the coronavirus crisis, could see passenger traffic fall by as much 70% this year, its chief executive said.
Japan Airlines Co) JAL is likely to post a record net loss of about 230 billion yen ($2.20 billion) in the business year ending in March 2021, battered by a coronavirus-led plunge in demand, the Nikkei business daily reported on Tuesday.
Japan Airlines Co is likely to post a record net loss of about 230 billion yen ($2.20 billion) in the business year ending in March 2021, battered by a coronavirus-led plunge in demand, the Nikkei business daily reported on Tuesday.
Tiffany & Co has received all regulatory approvals needed for the completion of its $16 billion acquisition by French luxury goods group LVMH, the U.S. jeweler said on Monday after it received a nod from the European Commission.
Tiffany & Co has received regulatory approvals from the European Commission for its $16 billion acquisition by French luxury goods group LVMH, the U.S. jeweler said on Monday.
Bolder Industries has signed a letter of intent (LOI) to merge with blank-check acquisition company GigCapital2 Inc in a deal that would take the U.S. sustainable rubber ingredient manufacturer public and value it at close to $900 million, including debt, people familiar with the matter said on Monday.
SMCP, the fashion group behind brands including Sandro, said on Monday it would ramp up spending on advertising and focus store openings mainly on the Chinese market, pausing efforts elsewhere after years of rapid expansion.
Russia's Norilsk Nickel should keep its dividend to a minimum this year, biggest shareholder Vladimir Potanin told Reuters, as the company contends with the coronavirus crisis and a potential $2 billion environmental damages bill.
House Speaker Nancy Pelosi said on Monday the White House has refused to sign on to Democratic lawmakers' plan for a national coronavirus testing strategy, despite earlier public statements to the contrary by U.S. Treasury Secretary Steve Mnuchin.
Aero-engine maker Rolls-Royce will ask shareholders on Tuesday for 2 billion pounds ($2.6 billion) in a make-or-break attempt to survive the COVID-19 pandemic, which has stopped planes flying and hammered its finances.
Britain said on Monday that time was very short to bridge the significant remaining gaps on key issues in talks with the European Union, as EU chief negotiator Michel Barnier heads to London to continue negotiations.
The United States on Monday told the WTO that it regretted the European Union's decision to pursue retaliatory tariffs for Boeing subsidies, adding it favoured a "negotiated resolution" with the bloc over its subsidies to rival planemaker Airbus.
Brazilian Azul SA plans to issue 1.6 billion reais ($283 million) of convertible debt, with the possibility of the issuance being expanded by 20%, the airline said in a Monday securities filing.