March 24, 2020

UK tells airlines to try raising own capital before state will help: source

Britain has told airlines that state investment to help them survive the coronavirus crisis will only be considered once they have looked at the possibility of […]
March 24, 2020

Airlines beg for rescue as coronavirus hit soars to $250 billion

Global airlines urged governments on Tuesday to speed up bailouts to rescue the air transport industry as they doubled their estimate of 2020 revenue losses from […]
March 24, 2020

U.S. new home sales fall; January revised sharply up

Sales of new U.S. single-family homes fell in February after surging in the prior month, and could decline further because of the coronavirus pandemic, which is […]
March 24, 2020

Spirit AeroSystems suspends Boeing-related production for two weeks

Spirit Aerosystems , Boeing Co’s largest supplier, is temporarily suspending production for the airplane maker at many of its facilities in the United States for two […]
March 24, 2020

Bombardier halts most operations in Canada due to coronavirus

Bombardier pulled its 2020 outlook on Tuesday and said it would halt all non-essential work at most of its Canada-based operations until April 26 to help slow […]
March 24, 2020

Comcast shuts theme parks, delays film distribution due to COVID-19

Comcast Corp on Tuesday warned of a hit to its results from the coronavirus outbreak as it shut all its theme parks and delayed distribution of […]
March 24, 2020

UK banks scramble to protect customers from wave of coronavirus scams

UK banks are stepping up fraud prevention measures to protect customers from scammers eager to exploit the coronavirus pandemic with a whole range of new tricks, […]
March 24, 2020

Chevron cuts 2020 spending, Permian production forecasts

Chevron Corp will cut capital spending by $4 billion this year and suspend share buybacks, the latest oil company to slash costs in the face of […]
March 24, 2020

Ford works with 3M, GE to speed up ventilator, respirator production

Ford Motor Co said on Tuesday it was working with General Electric’s healthcare unit and 3M Co to speed up production of ventilators for patients and […]
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