As Covid-19 cases and hospitalisations continue to rise in the US and other parts of the world, Oxford University scientists provided a much-needed piece of good news: A large, randomised trial in the UK that compared dexamethasone — a generic steroid — to standard treatment found that the drug cut the risk of death in severely ill patients. The result ...

Bloomberg South African Airways’ (SAA) administrators proposed the government put up at least $1.5 billion to rescue the carrier after years of losses and the grounding of commercial passenger flights to contain the spread of coronavirus. The state-owned airline was placed in a local form of bankruptcy protection in December, and the rescue team led by Siviwe Dongwana and Les ...

Bloomberg Norwegian Air Shuttle ASA jumped after an easing of travel restrictions allowed it to reopen dozens of European routes. Norwegian rose as much as 18% in early trading, the most in three weeks, after saying it would restart 76 routes from July 1. The low-cost carrier’s plans, which follow moves from other airlines to boost capacity for the summer ...