Bloomberg United Airlines Holdings Inc tumbled after the company said it expected to record a $2.1 billion loss in the first quarter as the coronavirus outbreak all but erased air-travel demand in March. The pretax loss, which will be about $1 billion on an adjusted basis, came as revenue dropped 17% from a year earlier to $8 billion, the carrier …

Bloomberg Gap Inc is in discussions to issue new bonds backed by assets including real estate as one financing option to get it through the coronavirus pandemic, according to people with knowledge of the situation. The talks with investors and banks would be for bonds backed by inventory and certain properties including distribution centres, the people said, asking not to …

Bloomberg Nigeria extended the closing of the West African nation’s airports for two weeks as it continues a lockdown to contain the coronavirus pandemic. The decision is subject to review when appropriate, Aviation Minister Hadi Sirika said in an emailed statement. Nigeria closed its international airports for one month on March 23, a week before President Muhammadu Buhari ordered a …