The beleaguered U.S. dollar got some respite on Thursday as Wednesday's ADP jobs survey showed 2.8 million jobs being lost, far short of forecasts of 9 million lost, and the ISM non-manufacturing PMI also beat estimates, though it continues to show a contraction.
LVMH said on Thursday it did not plan to buy shares in Tiffany on the market, which would be one way for the French luxury goods group to buy the U.S. jeweller for less than the $16.2 billion agreed in last year's acquisition deal.
Emirates and Etihad Airways will resume some transit flights after the United Arab Emirates (UAE) lifted a suspension on services where passengers stop off in the country to change planes, or for refuelling.
German group Bayer AG has been blocked from selling its dicamba-based weed killer in the United States, the latest setback for a business that is already fighting an expensive legal battle over another of its products.
Austrian business and labour groups have struck a deal on a collective wage agreement at Ryanair's Lauda airline to ensure its Vienna base will not shut down, though the parent company has yet to approve it, those groups said on Thursday.
Fifteen U.S. airlines were granted final government approval on Wednesday to temporarily halt service to 75 domestic airports as travel demand has been crushed due to the coronavirus pandemic.
Malaysia's exports tumbled 23.8% in April from a year earlier, the steepest fall in a decade, as the COVID-19 pandemic badly disrupted the global supply chain, the government said on Thursday.
The U.S. Transportation Department said late Wednesday it granted final approval to 15 airlines to temporarily halt service to 75 U.S. airports because of a lack of demand stemming from the coronavirus pandemic.
China said on Thursday it will allow more foreign carriers to fly into the mainland, shortly after Washington barred Chinese passenger carriers from flying to the United States citing Beijing's restrictions on American airlines.
Qantas Airways Ltd said on Thursday it would boost domestic capacity to 15% of pre-pandemic levels by the end of June, up from 5% now, as Australian states ease travel restrictions.
Amazon.com Inc said on Wednesday it leased 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group Inc, bringing its total fleet to more than 80, as it pushes for faster delivery to meet a surge in online orders.
Comark Holdings Inc said on Wednesday it would restructure under the Companies' Creditors Arrangement Act (CCAA) as the fallout from the COVID-19 pandemic hit the Canadian apparel retailer's business.
The chief executive of Pilgrim's Pride Corp, a major U.S. poultry company, was indicted along with three other current and former industry executives on charges of seeking to fix the price of chickens, the Justice Department said on Wednesday.
Brazil’s recent soybean exports have been astronomically high, but assuming there is a finite supply of the oilseed in the top exporter, that should give the United States a chance to notably increase shipments in the months ahead, something it desperately needs.
Privately held U.S. agribusiness Cargill Inc said on Wednesday it will no longer issue public releases on quarterly earnings, halting the disclosures that the company has provided since 1996.
LVMH CEO Bernard Arnault is exploring ways to reopen negotiations on the French luxury goods giant's $16.2 billion acquisition of U.S. jewelry chain Tiffany & Co, as U.S. social unrest and the coronavirus pandemic weigh on the retail sector, people familiar with the matter said on Wednesday.
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Britain's FTSE Russell has confirmed that EasyJet and cruise operator Carnival PLC will exit Britain's top blue-chip share index, as the value of their stock dropped below the required threshold due to the coronavirus.
Canada will require most airport workers and flight crews to wear non-medical masks from June 4, but pilots will be exempt while they are on the flight deck, Transport Minister Marc Garneau said on Wednesday.