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Myanmar airline sees virus impact to April

Bloomberg Myanmar’s largest private-sector airline said the novel coronavirus outbreak is likely to have an impact on its operations until April. The airline, Myanmar Airways International-Air KBZ Group, has temporarily suspended all routes to mainland China as well as Taiwan, Commercial Director Tanes Kumar said in an interview. “We had to shift some priorities within our strategy due to the ...

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‘Engines likely working when Kobe Byant copter crashed’

Bloomberg The area near Los Angeles where Kobe Bryant’s helicopter crashed was blanketed by a thick layer of clouds and the craft’s engines were operating as it plummeted, a newly released report shows. The National Transportation Safety Board (NTSB) released several photographs provided by government agencies and individuals depicting the first hard evidence confirming early witness reports that the aircraft ...

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Oil posts longest weekly losing streak since 2018

Bloomberg Oil declined for the fifth straight week as the spreading coronavirus clouded the demand outlook and Opec awaited Russia’s decision on whether to cut production. Futures in New York fell 2.4% for the week, posting the longest weekly losing streak since 2018. Chinese refiners are processing 15% less crude than before the outbreak as the infection crimps demand. Meanwhile, ...

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