Upmarket restaurants are delivering free meals to the elderly, while a fashion firm donates face masks. A business consultancy calls on its clients to donate hygiene products and artisanal soap shops gift their wares to low income households.
The pace of Argentine agricultural exports picked up on Friday despite heavy-handed measures by some municipalities in defiance of an order exempting trade activities from a nationwide lockdown aimed at slowing the coronavirus pandemic.
U.S. airlines and airport contractors faced a deadline of 5 p.m. EDT (2100 GMT) on Friday to tap the federal government for up to $32 billion in payroll grants to keep workers employed while they ride out the economic toll of the coronavirus on their business.
Bankers are preparing for a dire second quarter in Latin America as M&A deals and share offerings grind to a halt with the drastic drop in economic activity during the COVID-19 pandemic.
U.S. airlines and contractors faced a deadline of 5 p.m. on Friday to tap the federal government for up to $32 billion in payroll grants to help them ride out a dramatic drop in air travel demand due to the new coronavirus outbreak.
Airbus is studying a sharp cut in output of its top-selling A320 plane series amid an industry-wide slowdown triggered by the coronavirus crisis, sources familiar with the matter said.
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A labor union in Uruguay has interrupted the slaughter of cattle in the Montevideo area until April 8 amid talks over salaries and measures to protect workers from the coronavirus outbreak, according to a report in newspaper Valor Econômico on Friday.
Inditex has switched its clothes factories in Spain over to making medical supplies and its logistics hub has almost ground to a halt, effectively freezing the nerve centre of its business from which it supplies stores worldwide.
Coronavirus-linked flight restrictions are hampering efforts to wipe out locust swarms on the verge of devastating crops in eastern Africa, the U.N. Food and Agriculture Organization (FAO) said.
Airbus is studying a sharp cut in production of its single-aisle A320, its biggest-selling family of jets, to accommodate industrial and delivery problems triggered by the coronavirus crisis, three people familiar with the matter said.
Aluminum Corp of China, known as Chalco, will consider carrying out maintenance or even shuttering some aluminium production facilities as well as cutting alumina output because of current low prices, a company executive said on Friday.
Lead inventories monitored by the Shanghai Futures Exchange (ShFE) fell for a sixth straight week to a 16-month low as buyers sought stocks in exchange warehouses due to a lack of recycled metal in China, data released on Friday showed.
Russia's Rusal has approved a new long-term aluminium supply contract with Glencore worth up to $16.3 billion, it said in a Hong-Kong regulatory statement on Friday.
Airbus is studying a sharp cut in narrow-body production rates to accommodate industrial and delivery problems triggered by the coronavirus crisis, three people familiar with the matter said.
Ryanair missed its 2020 target for passenger traffic and expects to book an exceptional charge of around 300 million euros for the year which ended last month, it said on Friday. [nRSC6562Ia]
China has yet to resume all canola imports from Canada, the foreign ministry said on Friday, after suspensions were imposed on some suppliers last year.
Reuters
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