Delta may avoid furloughs after demand for buyouts, other US airlines sound alarm

Delta Air Lines may be able to avoid involuntary furloughs in the fall after receiving interest from more than 15,000 employees for early buyout packages, one person with knowledge of the matter said, even as other US airlines are sounding the alarm on jobs. Read More Want to know more on Delta may avoid furloughs after demand for buyouts, other US airlines sound alarm click here go to...

Singapore economy shrinks over 40% in Q2, confirming recession

SINGAPORE -- Singapore's economy contracted 41.2% in the second quarter from the previous three months, entering a technical recession, preliminary data showed on Tuesday, as lockdown measures against the COVID-19 outbreak inflicted pain on the trade-reliant economy. Read More Want to know more on Singapore economy shrinks over 40% in Q2, confirming recession click here go to market news source. Market news summary from Financial Post Finance News....

US Army Corps of Engineers to appeal Dakota Access shutdown

NEW YORK -- The US Army Corps of Engineers said on Monday it would appeal a federal judge's decision to shut down the Dakota Access oil pipeline, bringing the Trump administration into a fight already being waged by the owners of the pipeline. Read More Want to know more on US Army Corps of Engineers to appeal Dakota Access shutdown click here go to market news source. Market...

Delta may avoid furloughs thanks to demand for early exit deal – source

WASHINGTON/CHICAGO -- Delta Air Lines may be able to avoid involuntary furloughs in the fall after receiving interest from more than 15,000 employees for early exit deals, one person with knowledge of the matter said. Read More Want to know more on Delta may avoid furloughs thanks to demand for early exit deal – source click here go to market news source. Market news summary from Financial Post...

California shuts down businesses, schools as coronavirus outbreak grows

SACRAMENTO -- California's governor on Monday clamped new restrictions on businesses as coronavirus cases and hospitalizations soared, and the state's two largest school districts, in Los Angeles and San Diego, said children would be made to stay home in August. Read More Want to know more on California shuts down businesses, schools as coronavirus outbreak grows click here go to market news source. Market news summary from Financial...

Asian markets struggle to digest coronavirus spike

WASHINGTON -- Asian Stock Market are showing a mixed picture on Tuesday after a volatile day in US equity markets amid persistent concerns over the record number of new coronavirus cases worldwide and signs of an economic rebound. Read More Want to know more on Asian markets struggle to digest coronavirus spike click here go to market news source. Market news summary from Financial Post Finance News. Author:...

US hog futures rise on pork demand, export optimism

CHICAGO -- US hog futures rose on Monday on signs of improving demand for pork products and optimism about export demand from China as the Asian country struggles with renewed outbreaks of a hog disease, traders said. Read More Want to know more on US hog futures rise on pork demand, export optimism click here go to market news source. Market news summary from Financial Post Finance News....

Sherritt Announces Extension of the Early Consent Date and Update on Debtholder Votes in Connection with its Transaction

TORONTO -- Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today that, in order to provide holders (the “Noteholders”) of the Corporation’s outstanding (i) 8.00% senior unsecured debentures due 2021, (ii) 7.50% senior unsecured debentures due 2023, and (iii) 7.875% senior unsecured notes due 2025 (collectively, the “Existing Notes”) with additional time to become entitled to receive early consent cash consideration (the “Noteholder Early Consent Cash Consideration”)...

Huawei faces ban in UK, uncertainty swirls over timing, extent

LONDON -- Prime Minister Boris Johnson is set to ban Huawei from UK's 5G network on Tuesday in a momentous decision that will delight Washington, dismay Beijing and signal the end of a two-decade long partnership with the country's biggest mobile operator. Read More Want to know more on Huawei faces ban in UK, uncertainty swirls over timing, extent click here go to market news source. Market news...
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