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Panama's Copa Airlines posts $169 million loss but reduces cash burn

By Reuters Staff 1 Min Read Feb 10 (Reuters) - Panama’s Copa Airlines on Wednesday reported a net loss of $169 million for the fourth quarter, but said a mark-to-market loss on its convertible debt had added $80 million in losses to its bottom line. Copa significantly reduced its cash burn during the quarter to $6 million a month during the quarter, a key metric for airlines operating amid the pandemic. Cash consumption in Q3 was $36 million a month. (Reporting by Marcelo Rochabrun Editing by...
Chris Reese Thomson Reuters Trust Principles Panama Copa Airlines On Copa Airlines Marcelo Rochabrun Editing Thomson Reuters Trust

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RPT-Japan's energy imports fall to multi-year lows in pandemic year

(This is a repeat of an item issued on Thursday) TOKYO, Jan 21 (Reuters) - Japan’s oil imports fell to the lowest in more than 50 years last year as the pandemic hit economic activity and speeded a long-term decline, while other energy purchases fell to decade lows, Reuters calculations based on data released on Thursday showed. Liquefied natural gas (LNG) imports also declined, dropping to the smallest amount since before the Fukushima nuclear disaster which sent purchases by the world’s b...
Emelia Sithole Matarise Aaron Sheldrick Thomson Reuters Trust Principles Thomson Reuters Trust Energy Imports Repeat Auto Generated Alert

Copper miner Solgold CEO Mather to retire, hunt for new boss starts

By Reuters Staff 2 Min Read LONDON, Jan 19 (Reuters) - Nick Mather, the chief executive officer of copper and gold miner SolGold, will retire at the end of March after 13 years at the helm, the company said in a statement. While Solgold starts the hunt for a new CEO, its non-executive director Keith Marshall will step in as an interim chief, it added. Reuters on Friday reported that the company had launched a process to replace Mather after nearly half of shareholders, including BHP, and Newcre...
United Kingdom City Of Nick Mather Keith Marshall Barbara Lewis Clara Denina

BRIEF-AstraZeneca Says Enhertu Approved In The U.S. For Gastric Cancer

* ASTRAZENECA PLC - ENHERTU APPROVED IN THE US FOR GASTRIC CANCER * ASTRAZENECA - ENHERTU APPROVED IN US FOR TREATMENT OF PATIENTS WITH PREVIOUSLY TREATED HER2-POSITIVE ADVANCED GASTRIC CANCER Source text for Eikon: Further company coverage:
Thomson Reuters Trust Principles Thomson Reuters Trust Astrazeneca Says Enhertu Approved In The Us For Gastric Auto Generated Alert Corporate Events Content Produced In Bangalore

Chile's economy to contract in December - central bank poll

By Reuters Staff 1 Min Read SANTIAGO, Jan 12 (Reuters) - Chile’s economy is expected to contract 1% in December, a central bank poll of analysts showed on Tuesday, dampened by renewed restrictions following an uptick of cases around the end-of-year holidays in the world’s top copper producer. Bank policymakers are expected to hold the benchmark interest rate at 0.50% - its lowest in a decade - for at least the next year, according to the poll. Consumer prices are seen rising 0.3% in January...
Dave Sherwood Thomson Reuters Trust Principles Louise Heavens Thomson Reuters Trust Cenbank Poll Analysts Urgent

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