June 8, 2020

Singapore Airlines secures $1 billion additional credit after rights issue

Singapore Airlines Ltd said on Monday that it had secured about $1 billion in credit facilities, in addition to the S$8.8 billion ($6.32 billion) it recently […]
June 8, 2020

Samsung heir appears in court, awaits decision on whether he’ll be jailed again

Samsung Group heir Jay Y. Lee on Monday arrived at a South Korean court which will rule whether he will be sent back to jail after […]
June 8, 2020

Japan’s economy minister keeps focus on crisis-response, warns against deepening negative rates

Japan should focus on back-stopping struggling businesses rather than trying to spark overall demand in fighting the coronavirus pandemic, its economy minister said, suggesting the central […]
June 8, 2020

Samsung heir appears in court for arrest warrant hearing

Samsung Group heir Jay Y. Lee appeared in court on Monday for a hearing to determine whether he should be jailed over allegations of accounting fraud, […]
June 8, 2020

World shares advance on surprise U.S. job recovery

U.S. stock futures and Asian shares advanced on Monday after a surprise recovery in U.S. employment gave further confidence of a quick economic recovery after many […]
June 7, 2020

Court to decide whether to jail embattled Samsung heir again

A South Korean court will rule as soon as Monday whether to send Samsung Group heir Jay Y. Lee back to jail after more than two […]
June 7, 2020

Lufthansa CEO promises Germans a ‘homecoming guarantee’

Lufthansa will bring home any Germans it flies abroad on vacation, Chief Executive Carsten Spohr said in a newspaper interview, seeking to assuage holidaymakers’ concerns that […]
June 7, 2020

BA, Ryanair, easyJet protest over ‘wholly unjustified’ UK quarantine plan

Three airlines have written to the British government in protest at its “wholly unjustified and disproportionate” quarantine rules for most international arrivals from Monday, a copy […]
June 7, 2020

Emirates, Etihad extend temporary salary cuts to September

Gulf carriers Emirates and Etihad Airways are extending the period of reduced pay for their staff until September as they try to preserve cash during the […]
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