European low cost airline Wizz Air is not looking to defer any of the Airbus narrowbody planes it has on order even though it does not expect the market to grow again until 2022, its chief executive said.
With much of the world living in lockdown, the spread of the new coronavirus, SARS-CoV-2, that was first detected in China late last year is beginning to slow in some places. As of Apr 14, almost 2 million people were infected globally and nearly 120,000 killed by COVID-19, the disease caused...
SINGAPORE: With a “significant drop” in the number of people taking public buses and trains during the COVID-19 circuit breaker period, train frequencies will be reduced and selected bus services will be suspended, the Land Transport Authority (LTA) said in a news release on Tuesday (Apr 14) ...
When President Vladimir Putin announced a paid holiday for the month of April to keep Russians home and prevent the coronavirus from spreading, many small business owners braced themselves.
J.C. Penney Co Inc has approached consulting firm AlixPartners LLP as the U.S. retailer looks at options for managing its debt, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.
Amazon.com Inc said on Tuesday it terminated two employees, who criticized the working conditions at the e-commerce giant's warehouses in the wake of the coronavirus pandemic, for "repeatedly violating internal policies".
The world's leading economies need to plug gaps in their rulebooks to avoid digital currencies like Facebook's planned Libra stablecoin from undermining financial stability, the Group of 20 Economies' (G20) regulatory watchdog said on Tuesday.
TAIPEI: Taiwan's largest carrier, China Airlines, has become the latest focus of political angst on the island about identity and its relationship with China amid the coronavirus pandemic. The issue of how self-ruled, democratically governed Taiwan, which Beijing claims as its own, relates to ...
Forget that US$24 billion writedown - about US$17 billion for the financial year at the Vision Fund, and the rest from startup writedowns outside the fund - on investments that SoftBank Group reported late on Monday. It's bad. But it's only paper. The Japanese conglomerate faces...
BEIJING: China's foreign trade fell again in March even as businesses returned to work after the coronavirus outbreak, with the global pandemic weighing on the manufacturing powerhouse's outlook. Exports fell 6.6 percent in March from a year earlier and imports dropped 0.9 percent, according to ...
