Bloomberg South Africa’s stock market is set for its worst quarter on record as the …
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Retailers furlough 500,000 in US despite stimulus law
Bloomberg Three days after President Trump signed a $2 trillion stimulus into law, Kohl’s Corp, …
Read More »Virgin Australia seeks government rescue loan
Bloomberg Virgin Australia Holdings Ltd asked the government for a A$1.4 billion ($863 million) loan …
Read More »Air Canada puts 16,500 staff on furlough, cuts operations
Bloomberg Air Canada will cut capacity by as much as 90% next quarter and temporarily …
Read More »Southwest CEO seeks cost cuts with airline ‘living day to day’
Bloomberg Southwest Airlines Co is “in intensive care,†its chief executive officer said, urging employees …
Read More »Spirit Air halts flights to LaGuardia, Newark
Bloomberg Spirit Airlines Inc is temporarily suspending service at five airports in the US Northeast …
Read More »Oil sinks to 17-year low as market drowns in crude
Bloomberg Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest …
Read More »Saudi tells banks to support businesses to avoid job cuts
Bloomberg Saudi Arabia’s central bank is ordering lenders to provide concessional loans to businesses grappling …
Read More »GMIS 2020 to go virtual
HANNOVER / WAM The Global Manufacturing and Industrialisation Summit (GMIS) – a joint initiative by …
Read More »Australia pledges $80b on wages subsidy to save jobs
Sydney / WAM Australia will spend AU$130 billion ($79.85 billion) to subsidise the wages of …
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