Temperature screening and face masks will become common sights at airports to mitigate the spread of the new coronavirus but physical distancing could make flying more expensive, the head of Dubai airport said.
Groundbreaking website Buzzfeed said on Thursday that it would be shuttering part of its loss-making news operations in Britain and Australia, as it scales back global ambitions to cut costs.
Cisco Systems Inc beat quarterly revenue and profit estimates on Wednesday as COVID-19 lockdowns globally boosted demand for its remote-work tools and networking equipment, sending the Dow component's shares up nearly 3per cent after the bell.
NEW YORK: Larger companies have generally survived the initial blow from the coronavirus crisis, but still face existential challenges to get through what will probably be a long and grinding recovery. Since COVID-19 shuttered much of the global economy, airlines, major retail chains, oil ...
Asian equities were set to slump on Thursday after the head of the Federal Reserve warned of a "significantly worse" U.S. recession than any downturn since World War Two because of coronavirus pandemic fallout, sentiments that drove bonds higher on a safety bid.
A United Airlines Holdings Inc non-union employee filed a class action lawsuit on Wednesday alleging that a requirement that management and administration employees take 20 unpaid days off breaches the terms of federal payroll aid.
Hub airports like Singapore’s Changi Airport and Dubai International Airport, in particular, may not recover that quickly, says Nitin Pangarkar.
SINGAPORE: From S$1,726 in February to S$1,545 in March and then S$723 in April. The average daily sales at downtown cocktail bar Jekyll & Hyde steadily dropped as the COVID-19 pandemic hit business. By April, sales were down by 70 per cent compared to five months ago in November, as the bar ...
China must tackle four competing challenges to effectively reopen the economy and create jobs, says an observer.
REUTERS: Federal Reserve Chair Jerome Powell had a clear message to interest rate futures traders on Wednesday (May 13): Bets that the US central bank will pursue a negative interest-rate policy are off-base. The Fed's top official became the latest in a parade of policymakers to brush off the ...
