March 5, 2020

Lufthansa suspends 7,100 flights in March, including to Israel

German airline group Lufthansa said on Thursday it is cancelling about 7,100 flights up to the end of March due to lower demand and the spread […]
March 5, 2020

Wall Street sinks at open as coronavirus fears prompt California emergency

U.S. stock indexes opened sharply lower on Thursday as deaths from the coronavirus rose in the United States, forcing California to declare a state of emergency, […]
March 5, 2020

Exxon CEO sticks to big spend plan despite weak stock performance

Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil said on Thursday it would stick to its […]
March 5, 2020

Oil falls, OPEC seeks Russian backing for deeper supply cuts

Oil fell on Thursday as worries intensified over the fast-spreading coronavirus outbreak and OPEC ministers met in Vienna to seek Russian backing for deeper output cuts […]
March 5, 2020

British airline Flybe collapses as coronavirus deals final blow

British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the long-struggling carrier one of the first big corporate casualties of the […]
March 5, 2020

OPEC seen backing big oil output cut, but awaits Russian support

OPEC ministers are expected to approve on Thursday the outlines of a deal for a significant cut in oil production to shore up prices hammered by […]
March 5, 2020

Factbox: Airlines suspend flights due to coronavirus outbreak

Airlines have been suspending flights or modifying services in response to the coronavirus outbreak. Powered by WPeMatico
March 5, 2020

Britain’s John Lewis launches strategy review after profit slide

British employee-owned retailer, the John Lewis Partnership, has launched a strategic review of its business after reporting a 23% fall in annual profit, a third straight […]
March 5, 2020

Finland’s Nokia announces 5G partnership with Intel

Finland’s Nokia Oyj has entered into partnership with Intel to accelerate its so-far sluggish shift to 5G, the company said on Thursday, a day after announcing […]
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