April 10, 2020

Coronavirus-hit airlines in push for divisive route subsidies

Major airlines are seeking operating subsidies for key routes once coronavirus restrictions are lifted, a leaked lobbying document shows, stoking tensions with some low-cost carriers that […]
April 10, 2020

Turkey held talks with U.S. over possible Fed swap line: Turkish officials

Turkey has held talks with the United States about possibly securing a swap line from the Federal Reserve and has discussed other funding options to mitigate […]
April 10, 2020

Russia calls on G20 to join efforts with OPEC+ on oil market

Russian Energy Minister Alexander Novak called on the G20 group of the world’s largest economies on Friday to join the efforts of the group of leading […]
April 10, 2020

Kremlin says ‘work’ on Mexico joining oil cuts under way

The Kremlin said on Friday that “work” to persuade Mexico to join efforts to curb oil production was under way a day after marathon talks among […]
April 10, 2020

Trump: ‘Have to save the airlines!’

U.S. President Donald Trump said on Friday that American airlines must be saved, as his administration prepares to give them details this weekend about the terms […]
April 10, 2020

Trump says he is speeding help to farmers hurt by coronavirus dislocation

U.S. President Donald Trump said on Thursday he has directed his agriculture secretary to expedite help to farmers, especially small farmers, hurt by the economic disruption […]
April 10, 2020

Airbus shelves plan to add new A321 assembly line

Airbus has shelved plans to create a new assembly line in Toulouse, France, for its A321 airliner as the company wrestles with the coronavirus crisis. Powered […]
April 10, 2020

Japan’s battle with pandemic may mark end of Abe’s fiscal experiment

The huge cost of the coronavirus pandemic is upending Japan’s seven-year experiment to rescue the economy from its debt timebomb, as recession fears prompt calls for […]
April 10, 2020

Tesla expands locally made line-up, blunting trade war impact

U.S. electric vehicle maker Tesla Inc said on Friday it has started China sales of two more Model 3 variants built at its Shanghai plant, meaning […]
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