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 […]
March 5, 2020

Apple pulls out of South by Southwest festival amid coronavirus outbreak

Apple Inc is pulling out of this month’s South by Southwest music and tech festival amid the coronavirus outbreak, a company spokesman said on Wednesday. Powered […]
March 5, 2020

Oil rises more than 1% ahead of OPEC meeting to discuss supply cuts

Oil prices rose more than 1% on Thursday ahead of an OPEC meeting in which Saudi Arabia is expected to push the group and its allies […]
March 5, 2020

British regional airline Flybe says enters into administration

British regional airline Flybe said early on Thursday it entered into administration, as the already struggling carrier failed to withstand the plunge in travel demand caused […]
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