April 6, 2020

Zoom shares slip over security concerns, rising competition

Shares of Zoom Video Communications Inc fell 8% on Monday, adding to their sharp declines in the past few days, as the video conferencing app battles […]
April 6, 2020

Governor Cuomo sees signs of pandemic ‘flattening’ in New York

New York Governor Andrew Cuomo on Monday cited tentative signs the coronavirus outbreak was “flattening” in his state but warned against complacency as the U.S. death […]
April 6, 2020

Exclusive: Qatar Petroleum – coronavirus turmoil will not stop LNG expansion abroad

Qatar Petroleum (QP) is pressing ahead with foreign as well as domestic expansion despite the global market turmoil caused by the coronavirus pandemic, its chief executive […]
April 6, 2020

U.S. airlines ease loyalty programs in coronavirus travel slump

U.S. airlines are extending loyalty program benefits and status into 2021 for members homebound because of the new coronavirus. Powered by WPeMatico
April 6, 2020

S&P 500 set to recoup $1 trillion in value as virus deaths slow

The S&P 500 was on track to recoup about $1 trillion in market value in a frantic rally on Monday after New York, the biggest U.S. […]
April 6, 2020

Luckin Coffee chairman defaults on loan, surrenders company shares

Luckin Coffee Chairman Charles Zhengyao Lu and Chief Executive Jenny Zhiya Qian have handed over shares in the embattled Chinese coffee chain to lenders after a […]
April 6, 2020

Stocks jump as virus deaths slow; oil falls on OPEC+ delay

World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases in some of the world’s hot spots, while a delay […]
April 6, 2020

Alaska air carrier RavnAir files for bankruptcy as U.S. Treasury mulls grants

RavnAir Group, the largest regional carrier in Alaska, filed for bankruptcy Sunday and grounded all of its 72 planes as it waits on a decision from […]
April 6, 2020

Alaska Air expects to lower April and May capacity by 80%

The U.S. carrier had earlier planned to reduce its April capacity by at least 10% and May capacity by at least 15%. Powered by WPeMatico
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