May 1, 2020

Boeing raises $25 billion in blowout debt sale, eschews government aid

Boeing Co raised $25 billion in a bond offering on Thursday, a blowout result for the planemaker, which it said helped the company avoid taking government […]
May 1, 2020

Stocks fall further after Trump’s China tariff threat

World stocks pulled back further on Friday on grim U.S. economic data, mixed company results and President Donald Trump’s threat to impose new tariffs on China […]
May 1, 2020

Norwegian Air’s fate in balance as result of rescue vote awaited

The fate of Norwegian Air was in the balance on Friday after a deadline passed overnight for bondholders to vote on a rescue package for the […]
May 1, 2020

Amazon extends work from home regime till October 2

Amazon.com Inc has told staff whose job can be done from home that they can do so until at least Oct. 2, pushing out the timeline […]
May 1, 2020

Dreams grounded: Cadet pilots face uncertain future as coronavirus turns shortage to surplus

Mark, 34, quit his job as a town planner in London last year to start flight-training school, buoyed by a conditional offer of employment with budget […]
May 1, 2020

Norway wealth fund backs Barclays climate goals amid investor pressure

Norway’s sovereign wealth fund will vote in favour of a resolution committing Barclays to tackling climate change at the bank’s annual general meeting on May 7, […]
May 1, 2020

Timeline: Norwegian Air’s battle for survival

The fate of Norwegian Air hangs in the balance on Friday after a deadline passed overnight for bondholders to vote on a rescue package for the […]
May 1, 2020

‘W-shaped’ recovery may be too optimistic, Fed’s Powell suggests

Federal Reserve Chair Jerome Powell has sketched out an altogether bumpier ride for the U.S. economy than many are predicting – one that sees business activity […]
May 1, 2020

Ryanair to cut 3,000 jobs as the coronavirus crisis drags on

Ryanair plans to cut 3,000 jobs and talk to Boeing about delaying plane deliveries as it does not expect European air traffic to recover fully from […]
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