Korean Air Lines has warned that the coronavirus outbreak could threaten its survival after more than half of the world restricted passengers entering from South Korea.
Gulf stock markets rebounded on Tuesday, tracking a bounce-back in Asian peers as speculation of coordinated stimulus from global central banks and governments calmed panic selling that struck global markets in the previous session.
The largest U.S. airlines are allowing passengers to rebook tickets through April 30 without paying fees to change flights citing uncertainty about traveling during the coronavirus outbreak.
Qantas Airways Ltd has asked Airbus SE for an extension to a March-end deadline to order up to 12 A350-1000 planes capable of the world's longest commercial flights from Sydney to London, the airline's CEO said on Tuesday.
Spain's Santander has moved around 60 employees from its trading floor at its group headquarters on the outskirts of Madrid to a different location in the capital as part of its contingency plans against a potential spread of the coronavirus, a source with knowledge of the matter said on Monday.
Qantas Airways Ltd said on Tuesday it would cut its international capacity by nearly 25% over the next six months, including grounding most of its Airbus SE A380s, as it grapples with a plunge in demand from the coronavirus.
Qantas Airways Ltd said on Tuesday it would cut its international capacity by nearly 25% over the next six months, including grounding most of its Airbus SE A380s, as it grapples with a plunge in demand from the coronavirus.
In trading on Monday, shares of Cameco Corp. (Symbol: CCJ) entered into oversold territory, changing hands as low as $7.20 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a
Novelis Inc won antitrust approval for its proposed $2.6 billion purchase of Aleris Corp on condition it divest part of its auto body supply business, the Justice Department said on Monday.
Fearful of coronavirus and potential quarantine, U.S. shoppers are avoiding touching fresh fruits and vegetables in grocery stores and stocking their pantries with pretzels, powered milk, canned meat and other packaged food.
U.S. Vice President Mike Pence will meet on Tuesday with top executives of large health insurance companies, Pence's office said on Monday amid the fast-moving coronavirus outbreak.
Argentine farmers began a four-day sales strike on Monday to protest the government's hike of export taxes for soybeans and their byproducts, though shipments were not impacted in the major global food exporter.
Canada has recorded its first death from the new coronavirus, a resident at a British Columbia long-term care facility, the province's health officer Bonnie Henry said on Monday at a press conference.
The oil market is heading into a whole different era now that Saudi Arabia and Russia are squaring off in an all-out oil price war following Friday’s failed OPEC+ agreement—and US$20 Brent Crude is now a real possibility, Goldman Sachs said
Steelmaker Jingye Group completed its buyout of British Steel on Monday, the Chinese company said, reviving a business that was placed into compulsory liquidation last May.
Specialists appointed to try to save struggling South African Airways (SAA) said on Monday they plan to begin employee consultations on job cuts, a stage of the rescue plan likely to meet fierce resistance from trade unions.
Steelmaker Jingye Group completed its buyout of British Steel on Monday, the Chinese company said, reviving a business that was placed into compulsory liquidation last May.
Ryanair on Monday said it would make further cuts to domestic and international flights to and from Italy until April 8 after the Italian government imposed travel restrictions in the north of the country to limit the spread of the coronavirus.
Frustrated by incompetence and corruption in his native Kenya, Jared Babu, a 28-year-old activist and entrepreneur, set up a programme to train high school students about leadership.
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