Philippines Awaits 400,000 Tons Rice as Vietnam Resumes Export
Vietnam assured it will deliver 400,000 metric tons of rice to the Philippines after it decided to resume exports to Southeast Asian countries starting May…
Korea Warns of Trade Pain That Will Shift Supply Chains
The coronavirus pandemic will hammer South Korea’s exports more than the financial crisis did, prompting a major rethink of global supply chains, according to the…
Avianca Files for Bankruptcy as LatAm Skies Stay Closed
Avianca Holdings SA, one of the biggest carriers in Latin America, filed for Chapter 11 bankruptcy after travel bans across the region forced the Colombian…
India Reopens Economy But Millions of Workers Stay Home
When Bharat Gite reopened his two aluminum parts factories in India’s western city of Pune, he spent days servicing idle machines, sanitizing his premises and…
Virgin Atlantic to Pitch Investors Amid Administration Risks
Virgin Atlantic Airways Ltd. will begin pitching to potential investors Monday as it seeks to avoid collapse with air travel effectively grounded and the U.K.…
Emirates Group Profit Drops 28% as Virus Cuts Into March Income
Emirates Group, which operates the world’s largest long-haul carrier, reported a 28% decline in full-year profit as the impact of the coronavirus cut into earnings…
Italy Weighing Candidates for New Alitalia Company
The Italian government is assessing several candidates to head a new state-controlled company to run failed carrier Alitalia SpA, newspaper Il Sole 24 Ore reported…
United Air Scraps $2.25 Billion Bond Deal After Terms Disappoint
United Airlines Holdings Inc. abandoned a $2.25 billion sale of junk bonds because it wasn’t satisfied with the terms, said people familiar with the transaction.
Refiners Are Making More Diesel Than Farmers and Truckers Need
Refiners in the U.S. are making diesel fuel faster than truckers and farmers can burn it.
MSC: Blank Sailings on Gulf to SAEC/UCLA service
MSC will exclude one sailing during week 21 from SAEC to Gulf and week 24 from Gulf to SAEC (UCLA service) with vessel MSC METHONI…
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