South African phosphate producer Foskor said on Thursday that a fire on Wednesday at its acid plant in the coastal city of Richards Bay will not impact production and supply, even though conveyors were damaged.
Chow Tai Fook Jewellery Group Ltd, China's largest jeweller by market value, reported a 36.6% drop in annual profit as COVID-19 and a surge in international gold prices dampened retail demand, but said it will continue to expand in China.
United Arab Emirates carrier flydubai has indefinitely extended the period of reduced pay for employees and placed dozens of pilots on unpaid leave for a year, company sources said.
Chow Tai Fook Jewellery Group Ltd, China's largest jeweller by market value, reported a 36.6% drop in annual profit on Thursday as COVID-19 and a surge in international gold prices dampened retail demand.
The U.S. Commerce Department said it would examine whether hardwood plywood imports completed in Vietnam using Chinese components circumvented U.S. duties on imports from China, in a move that could see Vietnamese imports facing similar duties.
British Airways will sell at least 10 works of art from its extensive collection, a source said, to try to raise millions of pounds to boost its cash reserves as it struggles through the coronavirus pandemic.
It looked like the Federal Reserve had short-circuited the dollar, which slipped back to a three-month low after the U.S. central bank confirmed rates would stay near zero through 2022.
Turkish Airlines and its budget carrier Anadolujet resumed some international flights to Germany, Britain and the Netherlands on Thursday, carrying passengers with approved documents.
Argentina is jockeying to get more of its malt barley into Chinese beer, now that Asia's mega-economy is locked in a trade fight with its top barley supplier Australia, according to industry sources in the South American grains powerhouse.
Malaysia's industrial production index plunged 32% in April from a year earlier, its biggest drop on record, government data showed on Thursday, hit by a sharp decline in activity because of coronavirus curbs.
Airline Virgin Australia Holdings Ltd said on Thursday it would double domestic capacity by early July as state border restrictions ease and demand grows, joining rival Qantas Airways Ltd in adding a significant number of flights.
South Korean shares were little changed on Thursday after nine straight sessions of gains, as upbeat trade data suggesting a recovery in global demand offset a sober economic outlook from the U.S. Federal Reserve.
China is building industrial pig farms near its urban areas, reversing years of policies to relocate the livestock over waste concerns, as the government prioritises food security over the environment after African swine fever decimated its herds.
The White House wants a plan in place by Sept. 1 for airlines to collect contact tracing information from U.S.-bound international passengers, but will not immediately implement a Centers for Disease Control and Prevention (CDC) proposal, three people briefed on the matter said on Wednesday.
Dryness in Argentina's central agricultural region threatens to derail expectations that farmers will plant a record 7 million hectares of wheat in the 2020/21 cycle, the Rosario grains exchange said on Wednesday in its monthly crop report.
Men's Wearhouse owner Tailored Brands Inc said on Wednesday it may have to seek bankruptcy protection or discontinue operations, if the COVID-19 crisis continues to pummel sales.
The slaughtering of cattle in Brazil over the first quarter slowed to the lowest level since 2012 for the period, reaching 7.25 million head, the government's statistics agency IBGE said on Wednesday.
Tyson Foods Inc said on Wednesday it was cooperating with the U.S. Department of Justice on a price-fixing investigation in the poultry industry, under a program that could protect the meat processor from criminal prosecution.
More than 20 British business groups have asked the government to relax its coronavirus quarantine rules and restrictions and start opening up the economy to trade partners.
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