Asian refiners may curtail jet fuel output by partially reducing processing as the fuel's value versus diesel plunged after the United States said it would ban European travellers to prevent the spread of the coronavirus.
EasyJet said on Friday it will allow customers to transfer their flights to alternative dates or destinations without a change fee, as many countries have imposed travel restrictions due to the coronavirus outbreak.
Turkey, which unleashed massive stimulus to recover from a 2018 currency crisis, is poised to stretch its central bank and public finances even more to defend the economy and tourism sector from the global coronavirus pandemic.
Malaysia's industrial production rose 0.6% in January from a year earlier, the second straight month of slower expansion on a decline in the mining and electricity sectors, government data showed on Friday.
Days after photographs of broken windows and smashed china hit the newsstands revealing a Christmas Day family squabble in the home of Korean Air's late patriarch, an activist fund received an unsolicited offer to help unseat the current chairman.
The fallout from the coronavirus spread across the Pacific on Friday, with travel companies in Australia and New Zealand issuing profit warnings as U.S. airlines rushed to cut flights to Europe in the wake of new U.S. travel restrictions.
The fallout from the coronavirus spread across the Pacific on Friday, with travel companies in Australia and New Zealand issuing profit warnings as U.S. airlines rushed to cut flights to Europe in the wake of new U.S. travel restrictions.
An Australian industrial regulator on Friday said the country's biggest airline Qantas Airways Ltd had agreed to backpay its staff millions of dollars after self-reporting non-compliance with employment contracts.
Gabon and Ghana confirmed their first cases of coronavirus on Thursday, becoming the ninth and tenth countries in sub-Saharan Africa to register positive cases.
Airline Virgin Australia Holdings Ltd on Friday further cut its capacity for the second half of fiscal 2020 and suspended full-year profit outlook as it grapples with plunging demand due to the coronavirus outbreak.
Days after photos of broken windows and smashed china hit the newsstands revealing a Christmas Day family squabble in the home of Korean Air's late patriarch, an activist fund received an unsolicited offer to help unseat the current chairman.
Airline Virgin Australia Holdings Ltd on Friday cut the group's capacity to 6% from 3% for the second half of fiscal 2020 as it grapples with plunging demand due to the coronavirus outbreak.
In trading on Thursday, shares of Alamos Gold Inc (Symbol: AGI) entered into oversold territory, changing hands as low as $4.36 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum
Most Latin American currencies touched historic lows on Thursday and regional stocks nosedived after Washington's unexpected curb on travel from Europe heightened fears that the coronavirus pandemic would slam global growth.
Brazil's state-controlled oil company Petrobras cut gasoline prices at refineries in the country by almost 10% on Thursday, the first cut since this week's oil price collapse, a move that could boost sugar production and reduce ethanol output.
(RTTNews) - Crude oil prices took heavy damage on Thursday, in line with most other equities and commodities as the coronavirus has been declared a global pandemic.
In trading on Thursday, shares of Pan American Silver Corp (Symbol: PAAS) crossed below their 200 day moving average of $17.92, changing hands as low as $15.02 per share. Pan American Silver Corp shares are currently trading down about 7.7% on the day. The chart below shows
Emirates, one of the world's biggest international airlines, expects to cancel more flights and has frozen recruitment as it faces what could be its biggest challenge in many years, the coronavirus outbreak, internal emails seen by Reuters showed.
China has drawn up food safety standards on residue limits of growth hormones in beef, a move seen as a further step towards opening up its market to American imports of the meat.
Reuters
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