Bloomberg South African Airways (SAA), the cash-strapped national airline, suspended all flights outside its home country until the end of May after a government travel ban aimed at stopping the transmission of the coronavirus. Routes to New York, London and other global cities were scrapped after President Cyril Ramaphosa declared some of the destinations high risk. The state-owned carrier initially ...

Bloomberg Walmart Inc is hiring 150,000 temporary workers to meet surging demand for everyday goods, as the US retail giant prepares to start coronavirus tests in store parking lots over the weekend. The new employees will largely work in distribution centres and many will become permanent staff over time, Walmart said in a statement. The company is also slated to ...

Bloomberg Delta Air Lines Inc is suspending its dividend and share repurchase programme as US carriers seek a $58 billion government bailout. The airline also entered into a $2.6 billion secured credit facility, enhancing liquidity amid a daily cash burn of $50 million as travel demand collapses because of the coronavirus pandemic. The company is also drawing $3 billion under ...