Markets

Airbus CEO Guillaume Faury is proposing a government support programme to help airlines convert their fleets to more environmentally friendly planes, according to an interview given by Faury to Der Spiegel magazine which was published on Friday.

The Trump administration is seeking to ease a severe cash crunch in the drilling industry by raising loan limits available under a coronavirus stimulus package and by barring lenders from discriminating against drillers, according to Energy Secretary Dan Brouillette.

Companies will be able to hold their annual shareholders' meeting over the phone or online during the coronavirus pandemic under a promised new law, Britain's business ministry and accounting watchdog said on Friday.

The COVID-19 pandemic arrived just as Respond Software CEO and co-founder Mike Armistead was trying to sell automated cyber security software to new clients. Most of them are no longer in a buying mood. So Respond Software, a 50-employee, venture-backed startup, applied for about US$1 million in ...

The former chief of a South Korean conglomerate was convicted of raping his maid and sexually assaulting a secretary Friday but only given a suspended sentence.

South Africa's MTN, Vodacom and Telkom have been granted additional emergency spectrum to deal with a spike in data demand during the coronavirus outbreak, the country's telecoms regulator said on Friday.

Volkswagen Group on Friday said sales of its cars dropped by 23per cent on the year to 2 million cars in the January to March period.

BEIJING: For Zhang Yu, who runs a cafe in one of Beijing's top tourist spots, business has never been so bad. To contain the spread of the coronavirus, bars and cafes in the Wudaoying hutong - a top Lonely Planet destination built around a narrow lane - are permitted...

World stock markets made a super-charged sprint towards an 11per cent weekly gain on Friday - their second best of all time - after President Donald Trump laid out plans to gradually reopen the coronavirus-hit U.S. economy following similar moves elsewhere.