March 10, 2020

EU weighs dropping aviation slot rules as airline crisis deepens

Brussels was considering on Tuesday dropping a rule requiring airlines to run most of their scheduled services or forfeit their landing slots, a move that would give carriers […]
March 10, 2020

Wall Street jumps at the open on stimulus hopes

U.S. stock indexes opened more than 2% higher on Tuesday as hopes of coordinated policy easing to avert a global recession calmed investor nerves a day […]
March 10, 2020

United Airlines shores up liquidity, cuts costs to weather coronavirus

United Airlines Holdings Inc said on Tuesday it has raised an extra $2 billion in financing while slashing its 2020 capital expenditures by more than a […]
March 10, 2020

Royal Caribbean withdraws 2020 forecast, boosts liquidity amid coronavirus fears

Royal Caribbean Cruises Ltd on Tuesday withdrew its first-quarter and full-year forecast, and increased its credit capacity by $550 million to boost liquidity amid concerns around […]
March 10, 2020

U.S. clears Infineon’s $10 billion takeover of Cypress

Shares in Infineon Technologies rallied in early trading on Tuesday after a U.S. national security review raised no concerns over its proposed $10 billion takeover of […]
March 10, 2020

In Malaysia’s Silicon Valley, fortunes flip as virus wrecks trade war gains

Tech firms at Malaysia’s one-time Silicon Valley of the East, swimming in orders from customers fleeing trade war-hit China, have seen fortunes turn again in the […]
March 10, 2020

Union says engineers ratify, technical workers reject Boeing contract offers

The union that represents thousands of Boeing Co employees said late on Monday that a four-year contract extension offer was ratified by engineers but rejected by […]
March 10, 2020

Norwegian Air halts flights to Italy because of coronavirus

Norwegian Air has temporarily halted flights to and from Italy because of the coronavirus outbreak, the budget carrier said on Tuesday, adding to the company’s financial […]
March 10, 2020

Oil jumps 5% after rout on stimulus hopes, slowing virus in China

Oil prices jumped by 5% on Tuesday after the biggest one-day rout in nearly 30 years, as investors eyed the possibility of economic stimulus, although early […]
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