March 18, 2020

Oil steadies after testing new lows as coronavirus chaos intensifies

Oil prices steadied on Wednesday after slipping to new four-year lows, sapped by fears for fuel demand and the global economy amid travel and social lockdowns […]
March 18, 2020

Factbox: Global oil, gas producers slash spending after price rout

Oil and gas companies around the world are planning to slash spending in the face of a plunge in oil prices caused by the spread of […]
March 18, 2020

HSBC appoints insider Quinn as CEO amid growth headwinds

HSBC Holdings PLC has appointed Noel Quinn as chief executive officer, handing the insider and interim boss the reins of Europe’s biggest bank and ending months […]
March 18, 2020

U.S. airlines, saying it will take a ‘long time’ to recover, try to quickly reduce workforce

U.S. airlines are seeking to quickly reduce their workforces through early retirement packages or unpaid leave of up to 12 months with medical benefits in an […]
March 18, 2020

Detroit automakers, UAW agree to curb production to contain coronavirus

The Detroit Three automakers and United Auto Workers agreed on Tuesday to curtail production at U.S. factories and limit the number of workers on the job […]
March 18, 2020

Governments offer airlines aid as coronavirus drives deeper flight cuts

Australia and Taiwan joined a growing list of countries offering financial aid to their ailing aviation sectors as global airlines announced deeper capacity cuts due to […]
March 18, 2020

United Airlines further cuts April domestic, international schedules

United Airlines on Tuesday announced a 60% schedule reduction in April, citing the impact of the coronavirus pandemic on travel demand. Powered by WPeMatico
March 18, 2020

California county says Tesla factory cannot operate normally in coronavirus shutdown

Tesla Inc cannot continue to operate its main U.S. vehicle factory normally as the San Francisco Bay Area has begun a three-week lockdown to rein in […]
March 18, 2020

Fujifilm Holdings shares hit daily limit high on China coronavirus drug trial boost

Shares in Japan’s Fujifilm Holdings Corp were untraded at their daily limit high amid a glut of buy orders on Wednesday after a Chinese official said […]
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