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Bloomberg Air Canada will cut capacity by as much as 90% next quarter and temporarily …
Read More »Air Canada puts 16,500 staff on furlough, cuts operations
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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 …
Read More »US, Russian oil most vulnerable to demand crash
Bloomberg Oil demand is getting hammered at a faster pace than anyone had predicted and …
Read More »Covid-19: Czech energy billionaire tests positive
Bloomberg Daniel Kretinsky, the owner of a $7.8 billion Czech energy conglomerate EPH, said he …
Read More »US futures fluctuate, stocks decline; dollar advances
Bloomberg US equity futures fluctuated and stocks slipped on Monday as investors weighed a weekend …
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