Boeing Co on Saturday said it had canceled a US$4.2 billion deal to buy the commercial jets division of Embraer , unraveling years of work on what the Brazilian planemaker expected to be a transformative move.
NEW DELHI: India plans to fast track the review of some investment proposals from neigbouring countries such as China following concerns new screening rules could hit plans of companies and investors, three sources told Reuters on Saturday. To avoid opportunistic takeovers during the coronavirus ...
Abu Dhabi's Etihad Airways said on Saturday it would extend its suspension of scheduled passenger flights until at least May 16 due to the coronavirus outbreak.
SINGAPORE: Singapore Airlines (SIA) announced on Friday (Apr 24) that it has extended its flight cancellations to June amid global travel restrictions due to COVID-19. SIA initially said at the end of March that it would make a 96 per cent cut in SIA’s and SilkAir’s combined passenger capacity ...
Japan Airlines Co is discussing the possibility of securing financing totaling US$2.8 billion from its lenders to cushion the financial blow of the coronavirus outbreak, public broadcaster NHK said on Saturday.
MILTON KEYNES, England: A fleet of robots on wheels that deliver shopping in the English town of Milton Keynes have seen their popularity surge as residents are stuck indoors due to the coronavirus lockdown. The robots, which come up roughly to an adult's knee height and look like smooth...
REUTERS: Two proxy advisers, Glass Lewis and Institutional Shareholder Services (ISS), have recommended that shareholders of Boeing Co vote against key board members of the planemaker to show objections to the company's handling of the 737 Max crisis. Glass Lewis recommended that at Boeing's ...
While the coronavirus pandemic has frozen global travel and hit the travel industry hard, data from home-sharing startup Airbnb Inc shows the number of domestic bookings in China for the first half of April were up more than 200per cent compared with the same period in March.
U.S. states promoting apps that could prove essential to ending the coronavirus lockdown may be headed for a showdown with the two Silicon Valley companies that control key software on 99per cent of smartphones over the collection of sensitive GPS location data.
While the coronavirus pandemic has frozen global travel and hit the travel industry hard, data from home-sharing startup Airbnb Inc shows the number of domestic bookings in China for the first half of April were up more than 200per cent compared with the same period in March.
