Virgin Australia Holdings Ltd bondholders lodged a recapitalisation proposal with the airline's administrator on Wednesday, rivalling bids from Bain Capital and Cyrus Capital Partners, according to a person with knowledge of the matter.
A group of 29 global investment firms that manage $3.7 trillion are demanding meetings with Brazilian diplomats around the world to call on right-wing President Jair Bolsonaro's government to stop soaring deforestation in the Amazon rainforest.
Virgin Australia Holdings Ltd bondholders lodged a recapitalisation proposal with the airline's administrator on Wednesday, rivaling bids from Bain Capital and Cyrus Capital Partners, according to a person with knowledge of the matter.
French unions and a regional body slammed a decision by Airbus to cancel plans to bring some engine work in-house on Tuesday, saying it would cost 350 French jobs.
Brazilian beef producers JBS SA and Minerva, at the request of Chinese authorities, have signed declarations saying their exports are free of the novel coronavirus, according to a source at each company familiar with the matter.
The U.S. Chamber of Commerce on Tuesday said it firmly opposed reported plans by the Trump administration to re-impose 10% tariffs on aluminum imports from Canada this week, warning that Canada would likely retaliate against U.S. exports.
Brazilian beef producers JBS SA and Minerva have signed declarations requested by Chinese authorities saying their exports are free of the novel coronavirus, according to a source at each company familiar with the matter.
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Canada on Tuesday denied its aluminum exports harm the U.S. market and is underlining this point to its American partners, a Canadian official said on Tuesday after Bloomberg reported Washington planned to reimpose tariffs.
India has imposed an anti-dumping duty on flat rolled steel products that are plated or coated with alloy of aluminium and zinc originating in, or from China, Vietnam and South Korea, according to a government order issued on Tuesday.
Brazilian sugar and ethanol merchant Copersucar SA said on Tuesday that the bulk of its sugar sales for the 2020-21 season have been hedged already, as the company prepares for a busy sugar trading campaign in the new season.
Canada believes its aluminum exports do not harm the U.S. market and is underlining this point to American partners, an official said on Tuesday after Bloomberg reported Washington planned to reimpose tariffs.
Aurora Cannabis on Tuesday announced significant staff reductions and plans to shut five facilities over the next two quarters, as the cash-crunched cannabis industry scrambles to cut costs amid the COVID-19 pandemic.
Aurora Cannabis said on Tuesday it will lay off a big part of its workforce and plans to shut five facilities over the next two quarters, as the cash-crunched cannabis industry finds itself scrambling to cut costs amid the coronavirus pandemic.
United Airlines said on Tuesday it plans to raise $3 billion in debt by issuing senior notes, as U.S. airlines beef up liquidity in the wake of the COVID-19 pandemic.
American Airlines Group Inc said on Tuesday it expects to raise about $2 billion through a stock-and-notes offering in an effort to bolster its balance sheet to better deal with a slowdown in travel due to the COVID-19 crisis.
Sun Express, a joint venture between Lufthansa and Turkish Airlines, will restructure its business to focus on leisure flights to and from Turkey, as well as domestic flights in the country, its CEO said on Tuesday.
Australia's mining lobby group, the Minerals Council of Australia, long derided by environmentalists as coal-loving dinosaurs, has launched a climate action plan that is probably significant for what it doesn't say than what it does.
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