Canada is setting up a C$1 billion ($728 million) fund to help its provinces combat a worsening coronavirus outbreak and is prepared to spend more money if necessary, Prime Minister Justin Trudeau said on Wednesday.
The latest oil price crash, just four years after the last one that mobilized OPEC into acting together with other producers, has starkly highlighted an already existing problem.
Financial market conditions are not favourable at present for any privatisation of French airports operator ADP, French government spokeswoman Sibeth Ndiaye said on Wednesday.
China will make targeted cuts in bank reserve requirement ratios (RRR) to boost lending support for small companies that have been hit hard by the coronavirus outbreak, the country's cabinet said on Wednesday.
German potash and salt miner K+S said on Wednesday it would put its salt business in North and South America up for sale to reduce debt. The planned sale of the salt unit is known for the Morton Salt brand.
Canada's main stock index futures fell on Wednesday as crude prices dropped sharply after Saudi Arabia said it plans to boost oil production capacity for the first time in more than a decade.
The Sustainability Accounting Standards Board, which hopes to standardize how companies report their environmental and social impact, said it has received a flood of new interest since investment giant BlackRock Inc touted it an open letter to CEOs this year.
As U.S. President Donald Trump touted the signing of a U.S.-China trade deal in January, he told cash-strapped farmers they would soon need bigger tractors and "a little more land" to meet additional Chinese demand for U.S. agricultural goods.
German sportswear makers Adidas and Puma warned on Wednesday of a major decline in sales in China due to the coronavirus and said while there were early signs of improvement there the impact had spread to other markets.
El Al Israel Airlines said on Wednesday the government's directive requiring anyone entering Israel from abroad to remain 14 days in quarantine will have a significant adverse effect on the company.
Malaysia has set itself a target of a month within which to resolve its trade dispute with India over palm oil, the southeast Asian nation's new commodities minister said on Wednesday.
The global business travel sector is expected to take a revenue hit of about $820 billion, with China accounting for nearly half of the losses, as corporates curb travel plans in the wake of the coronavirus epidemic, an industry body said http://bit.ly/38HSMrG on Tuesday.
Hong Kong's Cathay Pacific Airways said on Wednesday it expects to report a substantial loss in the first half of this year and slash more capacity as the coronavirus outbreak erodes travel demand, after posting a drop in 2019 earnings.
Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it expects to report a "substantial" loss in the first half of this year as it reduces capacity due to the coronavirus outbreak, after it posted a 28% drop in 2019 earnings.
A senior U.S. senator on Tuesday accused U.S. firms of willfully ignoring "horrific" forced labor conditions in China's Xinjiang region and called on the Commerce Department to stop American companies and consumers buying goods produced by such labor.
A senior U.S. senator on Tuesday accused U.S. firms of willfully ignoring "horrific" forced labor conditions in China's Xinjiang region and called on the Commerce Department to stop American companies and consumers buying goods produced by such labor.
Air freight rates are skyrocketing after the grounding of many passenger flights in Asia has left shippers scrambling to book limited spots on cargo planes as Chinese industrial production restarts, according to industry insiders.