South African retailer Steinhoff International Holdings, battling to recover from a massive accounting fraud, saw its first-half loss more than double as a coronavirus lockdown towards the end of the period weighed on sales.
Rising OPEC and U.S. oil supply, coupled with stalled economic and crude demand recovery, have pushed the futures market structure back to indicating a surplus, last observed during oil's collapse in April and May amid the coronavirus pandemic.
Malaysia's AirAsia X Bhd fell to a net loss in its first quarter as the pandemic slowed air travel demand and continues to face severe liquidity constraints, it said in a bourse filing late Thursday.
Safran's core profit tumbled in the first half of the year, but the drop was not as bad as expected as the jet engine maker went into the coronavirus crisis propelled by the momentum from a strong first quarter.
The U.N. food agency on Thursday appealed for an additional $250 million to provide relief to millions of Zimbabweans as the COVID-19 pandemic bites and warned that 60% of the population could become "food-insecure".
Anyone who tests positive or shows symptoms of COVID-19 in Britain will have to self-isolate for 10 days instead of the previous seven, based on a low but tangible possibility that people could remain infectious for longer.
GrandVision, the Dutch operator of a chain of eyeglass stores, said on Thursday it had started an arbitration case against its would-be buyer EssilorLuxottica to ensure the French-Italian eyeglass firm "complies with its obligations."
Britain's Health Secretary Matt Hancock said on Thursday he was worried about a second wave of coronavirus infections in Europe and that the government would not hesitate to act to bring back quarantine measures if necessary to keep Britain safe.
Iran, creaking under the impact of U.S. sanctions, a collapse in oil sales and a severe COVID-19 epidemic, is scrambling to buy food and medicine to avoid a supply crunch. But it's a struggle.
Europe's Airbus said on Thursday it was further cutting production of its marquee A350 jet on Thursday as it swung to a larger-than-expected second-quarter loss in the face of global pandemic.
Second-quarter sales of Kraft Heinz’s Oscar Mayer deli meats and cheese slices grew more slowly than those of higher-end rival products such as ham from pigs fed vegetarian diets on family farms, retail data shows.
A record-breaking flood of gold investment that has driven prices to all-time highs was not enough to stop a collapse in jewellery sales from cutting global demand for the metal by 6% in the first half of 2020, the World Gold Council (WGC) said.
With nearly seven months gone, an ambitious $36.5 billion target for Chinese imports of U.S. farm goods this year may not be quite out of reach, but it's looking like a big, big stretch.
United Airlines on Wednesday extended a deadline for most employees to decide whether to take voluntary furlough deals to Aug. 10, as it waits to see if the U.S. Congress extends an airline bailout in the first week of August.
Orocobre Ltd said on Thursday quarterly production fell 27% at its flagship Olaroz mine, and the Australian lithium miner brought forward a planned maintenance for the Argentinian project due to a spike in COVID-19 cases at nearby operations.
United Airlines on Wednesday extended a deadline for most employees to decide whether to take voluntary furlough deals to Aug. 10, as it waits to see if the U.S. Congress extends an airline bailout in the first week of August.