Major airlines are seeking operating subsidies for key routes once coronavirus restrictions are lifted, a leaked lobbying document shows, stoking tensions with some low-cost carriers that are less likely to benefit from the additional funds.
Turkey has held talks with the United States about possibly securing a swap line from the Federal Reserve and has discussed other funding options to mitigate fallout from the coronavirus outbreak, Turkish officials said on Friday.
WASHINGTON: U.S. President Donald Trump said on Friday that American airlines must be saved, as his administration prepares to give them details this weekend about the terms of a US$32 billion payroll grant to offset the impact of the coronavirus outbreak. The Republican president, retweeting a ...
U.S. consumer prices fell by the most in more than five years in March and further decreases are likely as the novel coronavirus outbreak suppresses demand for some goods and services, offsetting price increases related to shortages resulting from disruptions to the supply chain.
WASHINGTON: U.S. President Donald Trump said on Thursday he has directed his agriculture secretary to expedite help to farmers, especially small farmers, hurt by the economic disruption caused by the new coronavirus outbreak. On Twitter, Trump also said he expects Agriculture Secretary Sonny ...
Nissan Motor Co Ltd's management has become convinced the struggling automaker needs to be much smaller and a restructuring plan due out next month would likely assume a cut of 1 million cars to its annual sales target, senior company sources said.
A Nintendo Switch video game has been pulled off China's grey market e-commerce platforms, Reuters' checks show, after Hong Kong activist Joshua Wong used the game to protest against Beijing’s rule of the Chinese territory.
Airbus has shelved plans to create a new assembly line in Toulouse, France, for its A321 airliner as the company wrestles with the coronavirus crisis.
The Skype call had to be rebooted, but after several attempts Danielle Martin, a 71-year-old locked down inside a French retirement home, could finally see her niece Nathalie via the tablet propped up in front of her wheelchair.
KUALA LUMPUR: Top Glove Corportation, the world's biggest maker of medical gloves, plans to start producing face masks to meet rising demand from the coronavirus outbreak, a top executive told Reuters. The Malaysian company, which makes one out of every five gloves in the world, will have a ......
