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Bloomberg Scandinavian airline SAS AB will temporarily lay off up to 10,000 employees, or 90% …
Read More »SAS temporarily lays off 90% of workforce, affecting 10,000 jobs
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Air New Zealand to slash jobs, cut long-haul capacity by 85%
Bloomberg Air New Zealand Ltd will slash its long-haul capacity by 85%, suspend some routes …
Read More »Airfares soar as Chinese rush to escape virus in Europe
Bloomberg Cambridge University student James Shen didn’t hesitate to pay double for a business-class ticket …
Read More »Finnair projects loss after cutting 90% of capacity
Bloomberg Finland’s national carrier Finnair Oyj will slash 90% of its flight capacity in response …
Read More »H&M, Primark brace for downturn in Europe
Bloomberg Hennes & Mauritz (H&M) and Primark are bracing for an unprecedented slump in European …
Read More »Covid-19: WTO suspends meetings till end of April
GENEVA / WAM All World Trade Organisation (WTO), meetings are suspended until the end of …
Read More »Europe widens lockdown, moves to limit economic damage amid virus
Bloomberg Europeans were faced with increasingly draconian restrictions on public life on Sunday, as governments …
Read More »Historic market fall exposes Canada’s economic fault lines
Bloomberg Never in modern trading history have Canadian stocks fallen so much in a single …
Read More »Bitcoin drops 50% in epic tumble since ’19
Bloomberg Bitcoin is proving to be no haven asset amid the current global market meltdown. …
Read More »Covid-19 pandemic puts Fed on rapid route to zero
Bloomberg With the coronavirus outbreak rewriting the rules of the global economy, the Federal Reserve …
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