American Airlines Group Inc said on Thursday it delayed flights to Hong Kong, a day after the city introduced mandatory virus tests for all arriving crew members.
LATAM Airlines, the largest airline group in Latin America, said Thursday it had secured an additional $1.3 billion for its financing proposal before a New York bankruptcy court, while adding its unit in Brazil to the debt restructuring process.
Buyout group Apax is preparing the sale of German pharma group Neuraxpharm to try to lock in high valuations in the healthcare sector, fuelled by the coronavirus pandemic, sources familiar with the matter said.
LATAM Airlines, the largest airline group in Latin America, said Thursday it had secured an additional $1.3 billion for its financing proposal before a New York bankruptcy court, while adding its unit in Brazil to the debt restructuring process.
The French government backed union calls to avoid compulsory job cuts at Airbus on Thursday as several hundred workers marched from the company's headquarters to Toulouse-Blagnac airport.
Syria could face severe bread shortages for the first time since the start of the war, another challenge for President Bashar al-Assad as he grapples with an economic meltdown and fresh U.S. sanctions, a U.N. official, activists and farmers said.
China's dwindling pace of meat imports, thanks to its tough measures against coronavirus contamination, will provide further support for prices already buoyed by a severe shortage of pork, analysts said.
Air Namibia will be allowed to temporarily operate commercial flights after a court late on Wednesday suspended the cancellation of its air licence, the airline said on Thursday.
Canada's capital market saw a rise in equity and debt deals in the first half of 2020, as companies fortified their balance sheets to deal with the economic slump sparked by the COVID-19 pandemic, but merger activity fell.
Emirates laid off more pilots and cabin crew this week in another round of job cuts as the Gulf airline shrinks its workforce due to the coronavirus pandemic, four sources said.
Indian conglomerate Tata Sons [TATAS.UL] is in talks to buy out AirAsia Group Bhd's stake in their airline joint venture in India at a steep discount, the Business Standard newspaper reported on Thursday, citing banking sources.
Japan's Fast Retailing Co, owner of casual clothing brand Uniqlo, lowered its profit outlook for the year through August as the global pandemic wreaked havoc on its global fashion business.
Japanese casual clothing chain Uniqlo on Thursday reported a solid rebound in domestic same-store sales for June, after a bleak quarter for owner Fast Retailing amid the global coronavirus pandemic.
Malaysian budget carrier AirAsia Group Bhd on Thursday said it was in talks to raise more than 1 billion ringgit ($234.52 million) in funds, a day after its auditor cast doubt on its ability to continue as a going concern.
Malaysian budget carrier AirAsia Group Bhd on Thursday said it was in talks to secure financing of over 1 billion ringgit ($234.52 million), a day after its auditor cast doubt on its ability to continue as a going concern due to the coronavirus-led travel slump. [nL4N2EF0YG]
Treasury Wine Estates Ltd on Thursday slashed expectations for core earnings in 2020 and withheld guidance for fiscal 2021, as the coronavirus outbreak and travel restrictions hurts demand for the winemaker's products.
Amazon.com Inc is pulling Washington Redskins merchandise from its website, with sellers given 48 hours to review and remove any products flagged by the e-commerce giant, according to a note sent to sellers by the company.
Dryness in Argentina is complicating this season's wheat sowing, with the Rosario grains exchange cutting its 2020/21 crop estimate on Wednesday while the Buenos Aires exchange warned that it may reduce its 6.5 million hectare planting estimate.
U.S. legacy airlines with lackluster employee demand for early exit packages face large furloughs in the fall, signaling higher post-pandemic labor costs because union contracts require airlines to furlough in reverse order of seniority.