South African Airways (SAA) has spent just under 10 billion rand (US$539.94 million) since it entered business rescue, a form of bankruptcy protection, Business Rescue practitioners said on Friday.
Air France is putting its grounded pilots through their paces in the flight simulator as the airline prepares to restore flights to dozens of destinations that had been suspended under coronavirus lockdown measures.
U.S. weapons maker Lockheed Martin Corp said on Friday it would pay an additional US$300 million to its suppliers hurt by a sharp economic slowdown caused by the coronavirus crisis.
Fiat Chrysler is in talks with Italian lender Intesa Sanpaolo over a 6.3 billion euro (US$6.8 billion) state-guaranteed loan to help the automaker weather the coronavirus crisis, a source close to the matter said on Friday.
Indonesia will require big internet companies to pay value-added taxes (VAT) on sales of digital products and services from July as part of efforts to boost revenue amid the coronavirus pandemic, a tax official said on Friday.
The Belgian government said on Friday it had told Lufthansa it could only invest in its Belgian subsidiary Brussels Airlines if certain conditions were met, according to a joint statement with Lufthansa.
U.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other workplaces.
China is ready to put U.S. companies in an "unreliable entity list," as part of countermeasures against Washington's move to block shipments of semiconductors to Huawei Technologies, the Global Times reported on Friday.
The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action ramping up tensions with China.
The United Kingdom told the European Union on Friday that it had to give ground or there would be no Brexit free trade deal by the end of the year, saying there had been very little progress in talks.
