Hong Kong's Cathay Pacific Airways Ltd will close its three cabin crew bases in the United States, the airline said on Friday, laying off 286 staff as the coronavirus pandemic has virtually halted global travel.
The chairman of the Federal Communications Commission (FCC) circulated on Thursday a draft order asking FCC members to approve Ligado Networks' low-power nationwide 5G network despite objections from the Defense Department and major U.S. airlines.
Asian stocks look set to bounce on Friday to recover towards a one-month high as investors, following Wall Street's lead overnight, sought silver linings in a run of data that showed the world is in its worst recession in decades.
Southwest Airlines Co has approached unions representing pilots, flight attendants, mechanics and other employees to discuss potential concessions to prepare for a slow industry recovery, a company official told Reuters on Thursday.
SINGAPORE: The number of passengers passing through Singapore's Changi Airport has plummeted 70.7 per cent in the midst of the COVID-19 outbreak. A total of 1.65 million passengers passed through the airport last month, compared to 5.63 million in March 2019, according to figures released by the ...
WHILE financial institutions remain open in Singapore as one of the essential services exempted from workplace closures, the Monetary Authority of Singapore (MAS) is urging people to minimise visits to their premises during the current "circuit-breaker" period.
China's economy shrank for the first time since at least 1992 in the first quarter, as the coronavirus outbreak paralysed production and spending, raising pressure on authorities to do more to stop mounting job losses.
BEIJING: China's economy shrank 6.8 per cent in January-March from a year earlier, official data showed on Friday (Apr 17), the first such decline since at least 1992 when quarterly gross domestic product (GDP) records began. The historic slump in the world's second-largest economy comes after ...
The majority of American companies in China have no plans to relocate production or sourcing activities to other parts of the country or abroad due to the coronavirus, a survey showed on Friday.
Oil prices rose on Friday with Brent gaining nearly 3per cent after President Donald Trump laid out guidelines on reviving a U.S. economy ravaged by the coronavirus pandemic that has punched a huge hole in global demand for crude and refined products.
