WASHINGTON: Boeing's chief executive said it was "most likely" that a major US airline will go out of business due to the massive damage of the COVID-19 pandemic on the aviation industry. "It's most likely," Boeing CEO David Calhoun responded when an NBC journalist asked him if a major...
UK-BASED payments fintech Revolut on Tuesday announced that it has appointed James Shanahan - previously the chief operating officer (COO) of insurtech Singapore Life - as its Singapore chief executive officer to lead the growth of its Asia business.
Tim Hortons China said Tuesday it received an investment from Chinese tech giant Tencent, as the Canadian coffee brewer seeks to expand in the Chinese market.
SINGAPORE: Singaporean shipping firm Ocean Tankers, a unit of troubled oil trader Hin Leong Trading, has applied to be placed under the management of a court-appointed supervisor, two sources with knowledge of the matter told Reuters. Singapore's High Court is due to hold a hearing on an ...
Hyatt Hotels Corp said late Monday it would restructure roles and lay off employees across its operations worldwide, which would impact about 1,300 staff, amid a virtual halt in global travel to curb the spread of the coronavirus pandemic.
Shagufa Haidari, 23, a flight attendant for Afghanistan's Kam Air, used to fly six days a week around the country and abroad, to Istanbul, Islamabad and Delhi.
SINGAPORE: The US dollar rose to a two-week high against major peers on Tuesday (May 12), propelled by rising US bond yields and increasing safe-haven demand amid growing fears about a second wave of coronavirus infections, which sent riskier currencies lower. The biggest loser was the Australian ...
BEIJING: US President Donald Trump said on Monday (May 11) he opposed renegotiating the US-China "Phase 1" trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalidating the agreement. Trump, who himself has considered ...
Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the outlook remained upbeat as the increase in supply slows down.
United Airlines Holdings Inc said on Monday that starting next week it will notify passengers ahead of time if their flight is expected to be "closer to full capacity," allowing them to re-book on a different flight or receive a travel credit.
