The long-haul arm of Malaysia's flagship budget airline, AirAsia X Bhd (AAX), has proposed restructuring its debt and reducing its issued share capital to avoid liquidation, it said in a late bourse filing on Tuesday.
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Investment bank Morgan Stanley said on Tuesday it saw a "high barrier" to the Bank of England cutting interest rates below zero, even if Britain ends its Brexit transition period in December with no EU trade deal.
French start-up Ÿnsect, which harvests mealworms for bug-based food and fertiliser, has raised $224 million from investors including Robert Downey Jr.'s Footprint Coalition to build an insect farm near Paris and expand in North America.
The European Union wants a trade deal with Britain, but, as time is running out to reach one, the bloc cannot exclude that it will be impossible to reach agreement before the end of the year, European Commission Vice President Maros Sefcovic said.
The European Union wants a trade deal with Britain, but, as time is running out to reach one, the bloc cannot exclude that it will be impossible to reach agreement before the end of the year, European Commission Vice President Maros Sefcovic said.
Shares in Puma fell 3.5% on Tuesday after French luxury group Kering said it had completed the sale of a 5.9% stake in the German sportswear company for approximately 656 million euros ($772 million).
Syngenta, the Swiss agrichemicals giant owned by ChemChina, has acquired Italian biologicals group Valagro, a company with $175 million in 2019 sales that uses natural solutions to fight pests and diseases and to improve crops.
The Federal Aviation Administration aid on Monday it would extend temporary waivers of minimum flight requirements at some major U.S. airports through late March 2021 because of the coronavirus pandemic.
Southwest Airline can avoid furloughs and layoffs at least through 2021 if union workers agree to pay cuts, Chief Executive Gary Kelly told employees on Monday.
K+S has signed an agreement to sell its North and South American salt business to Stone Canyon Industries Holdings and affiliates for $3.2 billion, the German minerals miner said in a statement on Monday.
Air New Zealand said on Tuesday Chief Financial Officer Jeff McDowall would leave the airline around mid-2021, after two decades with the country's flag carrier.
The Federal Aviation Administration said on Monday it would extend temporary waivers of minimum flight requirements at some major U.S. airports through late March 2021 due to the coronavirus pandemic.
Colombian airline Avianca Holdings said on Monday that a U.S. bankruptcy court approved a proposed financing plan of over $2 billion to help the carrier exit Chapter 11 restructuring.
Argentine labor group Urgara, which represents grains inspectors at export hubs, has reached a preliminary agreement averting a threatened wage strike against private agro-export companies, the union said on Monday.
Acrotec, which makes components for watchmakers including Rolex and Patek Philippe, is being readied for a sale worth up to 950 million Swiss Francs ($1 billion) including debt by its private equity owner Castik Capital, three people close to the matter said.
A scarcity of rainfall expected in the coming days should further delay Brazil's soybean planting, impacting supply of the country's most prized agricultural export commodity in January, consulting firm AgRural said on Monday.
Philippine Airlines Inc [PHL.UL] (PAL) said on Monday it is cutting up to a third of its workforce, or around 2,700 jobs, as the aviation sector continues to suffer from pandemic-driven travel curbs.
Mainly above-average rains interspersed with sun last week in most of Ivory Coast’s cocoa regions should improve the chances of a larger, higher-quality October-to-March main crop, farmers said on Monday.
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