March 12, 2020

LATAM Airlines, Azul to cut international flights up to 30% due to coronavirus

LATAM Airlines Group and Brazil carrier Azul SA said on Thursday they will cut capacity on international flights by up to 30% as demand collapses due […]
March 12, 2020

U.S. airlines capping fares from Europe to U.S. amid coronavirus restrictions

American Airlines Inc and Delta Air Lines Inc both said Thursday they will cap air fares on flights from Europe to the United States that are […]
March 12, 2020

Wall Street enters bear market as Europe travel ban stuns investors

The S&P 500 and the Nasdaq cratered into a bear market on Thursday as a shock move by President Donald Trump to suspend travel from Europe […]
March 12, 2020

Oil falls 6% after Trump surprises with travel ban

Oil prices fell more than 6% on Thursday after U.S. President Donald Trump unexpectedly announced restrictions on travel from Europe in an attempt to halt the […]
March 12, 2020

GameStop investors seek board seat after expiry of standstill pact

A group of investors in GameStop Corp on Thursday asked the video game retailer to appoint a shareholder nominee on its board, after a year-long standstill […]
March 12, 2020

U.S. weekly jobless claims fall; producer prices weak

The number of Americans filing for unemployment benefit unexpectedly fell last week, but could rise in the coming weeks as the coronavirus pandemic causes companies to […]
March 12, 2020

Italian businesses count heavy cost of coronavirus lockdown

Even if Italy’s draconian measures to stop the spread of coronavirus prove successful, they will leave an economy in tatters, with small and medium-sized businesses the […]
March 12, 2020

Airline SAS sees double-digit percentage fall in bookings

Airline SAS has seen a double-digit percentage fall in bookings due to the coronavirus outbreak, its chief executive told Danish daily Berlingske in an interview on […]
March 12, 2020

Airline stocks plunge as U.S. puts Europe in coronavirus quarantine

European airline stocks already battered by the coronavirus plunged again on Thursday, as a U.S. travel ban on much of continental Europe deepened the sector’s misery […]
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