Avianca Brasil has canceled more than 1,300 flights, Brazilian media reported on Saturday, as the bankrupt airline was forced to reduce its fleet by more than two-thirds.

Thomas Cook has been tentatively approached about a takeover of its tour operating unit, or the entire company, by several parties as its lenders prepare for crunch talks over the state of its finances, Sky News reported on Saturday.

There are no signs that the global economy is sliding toward a recession in the next 12 months, BlackRock Inc's Chief Executive Larry Fink said in remarks published on Saturday.

Qatar Investment Authority (QIA) and private realty firm Crown Acquisitions said on Friday they were the unnamed investors in a deal with Vornado Realty Trust valued at $5.56 billion that involves a portfolio of prime New York retail properties.

The U.S. International Trade Commission said on Friday it had determined that imports of wooden cabinets from China are harming American producers, keeping alive a trade investigation that could lead to tariffs on the products.

Venezuela's opposition-controlled National Assembly expects to vote on making a $71 million bond interest payment when it meets next week, a lawmaker and a member of state-run oil company PDVSA's ad-hoc board of directors said.

A Russian court said on Friday it had ruled that a former shareholder of Yugra Bank should be held under house arrest until June 18.

U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family unit segment, suggesting the housing market continued to struggle despite falling mortgage rates.

India's SpiceJet Ltd said on Friday it will prioritize hiring employees of Jet Airways Ltd who are losing their jobs after the crisis-hit Indian airline halted all flight operations indefinitely this week.

A Ukrainian court ruling that the nationalization of the country's largest bank, PrivatBank, was illegal also said that parties related to the bank's former owners should be excluded from the legal case, the central bank said on Friday.