May 7, 2020

Norwegian Air secures shareholder funds in fight to stay aloft

Norwegian Air has secured vital funding from shareholders as it battles to survive the novel coronavirus pandemic that drove down April passenger volumes by 98.7%, the […]
May 7, 2020

Nintendo smashes Switch sales view; says Animal Crossing is device’s fastest-selling game

Japan’s Nintendo Co Ltd said on Thursday its fourth-quarter profit soared 200% due to surging demand for its Switch games console, and that title Animal Crossing: […]
May 7, 2020

Climate activists spray ‘fake oil’ onto Barclays HQ in London’s Canary Wharf

Climate activists from the Extinction Rebellion group sprayed “fake oil” onto the Barclays headquarters in London’s Canary Wharf on Thursday, calling on the bank to divest […]
May 7, 2020

Liberty and Telefonica in $38 billion UK tie-up to take on BT

Liberty Global Plc and Telefonica SA have agreed to merge their British businesses in a $38 billion deal including debt that will step up the challenge […]
May 7, 2020

Spain’s Telefonica to merge British unit O2 with Virgin Media

Liberty Global has agreed to merge its Virgin Media cable company with the O2 mobile business owned by Spain’s Telefonica to create a major new force […]
May 7, 2020

Air France-KLM loss gives first taste of coronavirus impact

Two weeks of coronavirus shutdown were enough to hit Air France-KLM with an 815 million-euro ($880 million) first-quarter operating loss, the airline group said on Thursday […]
May 7, 2020

Air France job cuts set to test CEO Smith’s consensual style

Air France-KLM is opening talks with its French unions on workforce cuts, Chief Executive Ben Smith told Reuters, as the airline group warned of mounting losses […]
May 7, 2020

Airbus, Boeing delay delivering some jets: Air France-KLM CEO

Planemakers Airbus and Boeing have asked Air France to delay taking some wide-body jets after a slowdown in manufacturing caused by the coronavirus crisis, the head […]
May 7, 2020

Asia stocks get China trade relief, U.S. bonds face debt deluge

Asian shares pared early losses on Thursday after Chinese exports proved far stronger than even bulls had imagined, while U.S. bond investors were still daunted by […]
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