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Outbreak pushes shoppers to buy things online in Japan

Bloomberg Now that Japan’s government is urging consumers and businesses to step up efforts to contain the coronavirus outbreak, shoppers may finally have no excuse but to embrace e-commerce and wean themselves from brick-and-mortar stores. Prime Minister Shinzo Abe declared a state of emergency for Tokyo and six other areas last week. In response, Uniqlo clothing owner Fast Retailing Co, ...

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Air France-KLM in talks for state cash injection

Bloomberg Air France-KLM has asked the French state for an immediate cash injection to help the troubled carrier stay afloat in the next four to five months, according to Les Echos newspaper. The cash injection, which could represent “many billions” of euros, would come on top of state-backed loans worth about 6 billion euros ($6.5 billion) the company is currently ...

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Australia wants to ensure ‘two airlines after shutdown’

Bloomberg The Australian government is in contact with Virgin Australia Holdings Ltd management and wants to make sure there is a competitive airline industry when people are allowed to start travelling again after the coronavirus pandemic. Australian travellers are not expected to be able to head overseas until at least the end of this year, although there may be easing ...

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