Qatar Airways said on Twitter on Tuesday that it planned to fly a summer schedule to over 80 destinations worldwide.
Macy's Inc said on Tuesday it planned to raise US$1.1 billion in a bond offering, backed by a first mortgage on some of its properties, to repay funds borrowed under a revolving credit facility.
The European Central Bank (ECB) is drafting contingency plans to carry out its multi-trillion bond-buying programme without the Bundesbank in case Germany's top court forces the main participant in the scheme to quit, four sources told Reuters.
Surrey-based supercar maker McLaren is cutting about 1,200 jobs from its workforce as it deals with the COVID-19 pandemic, Sky News reported on Tuesday.
STRUGGLING boxship operator Pacific International Lines (PIL) has confirmed that it is in talks with Heliconia Capital Management, an investment firm owned by Temasek Holdings, on a potential investment.
Ryanair will contest a 9 billion-euro (US$9.9 billion) German aid package for Lufthansa, the budget airline's Chief Executive Michael O'Leary said in a statement on Tuesday.
European travel stocks soared on Tuesday amid reports Spain and Germany would ease travel restrictions, and no noticeable increase in infections were reported during the reopening of businesses after a two-month lockdown.
SINGAPORE: More than 40,000 jobs will be created as part of a S$2 billion package to improve the employment situation amid the COVID-19-induced economic downturn. On Tuesday (May 26), Deputy Prime Minister Heng Swee Keat announced in Parliament during the fourth Budget this year an SGUnited Jobs ...
SINGAPORE: As the COVID-19 pandemic continues to hit demand and supply, businesses will get more help with labour and rental costs under the S$33 billion Fortitude Budget announced by Deputy Prime Minister Heng Swee Keat in Parliament on Tuesday (May 26). To help businesses retain workers, the ...
SINGAPORE: More than S$500 million of the Fortitude Budget will be allocated to support the digital transformation of businesses, including support for e-payments, adopting digital solutions and deepening digital capabilities, announced Deputy Prime Minister Heng Swee Keat on Tuesday (May 26) ...