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Bloomberg British billionaire Richard Branson said his airlines in the UK and Australia won’t survive …
Read More »Branson says Virgin’s airlines need state aid to survive
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Singapore’s Zilingo slashes 5% of its global workforce
Bloomberg Zilingo, a fashion technology platform backed by Temasek Holdings Pte, has cut 5% of …
Read More »Fresh blow for Boeing as China firm scraps Max order
Bloomberg China Development Bank Financial Leasing Co cancelled an order for 29 Boeing Co 737 …
Read More »Guardians of global economy come up short in virus battle
Bloomberg The guardians of the global economy came up short. Facing what the International Monetary …
Read More »GoAir asks 90% of its staff to go on leave without pay
Bloomberg Go Airlines India Ltd. has asked as many as 90% of its 5,500 employees …
Read More »Mexico’s Pemex has too much fuel and nowhere to store it all
Bloomberg Mexico’s Pemex has too much gasoline and nowhere to store it, potentially racking up …
Read More »China’s coal miners call for 10% output cut amid supply glut
Bloomberg A dozen Chinese anthracite coal miners have called on the industry to slash production …
Read More »Uranium surges 31% even amid coronavirus shutdowns
Bloomberg While most commodities are getting hammered by the coronavirus crisis, uranium prices are skyrocketing. …
Read More »S’pore oil trader Hin Leong fails to declare $800m losses
Bloomberg The son of the legendary oil trader and founder of Hin Leong Trading (Pte.) …
Read More »Zimmer’s energy fund down 55% this year
Bloomberg The energy fund at Zimmer Partners posted its worst quarter ever after sinking about …
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