Brazil's JBS SA is reviving plans to list shares on Wall Street after dealing with the COVID-19 pandemic's fallout, Chief Executive Officer Gilberto Tomazoni said on Friday, as the world's largest meatpacker reported strong quarterly results.
Shares in Aeromexico rose 14% on Friday, after the Mexican carrier, which is undergoing Chapter 11 proceedings, said the day before it had lined up $1 billion in debtor-in-possession financing with Apollo Global Management Inc.
Crude oil traders have become progressively less bullish about the outlook for prices in recent weeks as concern over the lingering COVID-19 epidemic and its impact on the economy have trumped output cuts by the OPEC+ group of producers.
South African general merchandise retailer Game re-entered the clothing market on Friday after 15 years with the launch of a new range in 22 stores in hopes of boosting its profit and margins as part of a turnaround plan.
Brazil is facing a difficult choice between going up against a powerful local sugar lobby and angering a key ally, U.S. President Donald Trump, as a major decision on international ethanol trade looms.
Britain's decision to reimpose coronavirus quarantines on France and the Netherlands has sparked dismay among airlines and airports struggling to overcome the industry's worst crisis.
The Retail Industry Leaders Association (RILA), whose members include companies such as Walmart Inc and Target Corp, said on Friday it has joined over a dozen trade groups to form a coalition to fight counterfeit goods on online platforms such as Amazon.com Inc.
JBS SA expects to cut financial expenses by $100 million this year, the world's largest meatpacker told analysts on Friday after the company reported strong second-quarter results.
Brazil is facing a difficult choice between going up against a powerful local sugar lobby and angering a key ally, U.S. President Donald Trump, as a major decision on international ethanol trade looms.
The lira's slide to record lows has hiked costs and delayed investment plans for some Turkish companies that borrowed in foreign currencies, raising the prospect of a wave of debt defaults two years after a currency crisis.
The lira's slide to record lows has hiked costs and delayed investment plans for some Turkish companies that borrowed in foreign currencies, raising the prospect of a wave of debt defaults two years after a currency crisis.
Britain has no choice but to impose a 14-day quarantine on all travellers arriving from France after 0300 GMT on Saturday due to rising infection rates there, transport minister Grant Shapps said on Friday.
British airline easyJet said it would continue to assess further funding opportunities after raising an extra $266 million from the sale and leaseback of aircraft, as the pandemic continues to wreak havoc on travel and its finances.
British low cost airline easyJet said it raised an extra $266 million to boost its finances during the pandemic from the sale and leaseback of five aircraft, concluding its plan to raise cash from leasing companies.
In an Italian bistro in an upmarket Johannesburg neighbourhood, smiling patrons chat at candle-lit tables in a scene reminiscent of less-troubled times before the COVID-19 pandemic.
Thai Airways International Pcl shares were suspended by the bourse on Friday after auditors declined to sign off on its financial statements for the six months to June 30.
Hasan Ayhan followed his wife's instructions last week and took their savings to buy gold at Istanbul's Grand Bazaar as Turks scooped up bullion worth $7 billion in a just a fortnight.
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