Ryanair slashes flights, says could ground entire fleet
Ryanair will ground most of its aircraft over the next seven to 10 days as Europe’s biggest low-cost airline braces for an up to 80%...
Starbucks temporarily moves to ‘to go’ model amid virus outbreak
Starbucks Corp has moved to a “to go” model in all its company-owned stores in the United States and Canada for at least two weeks...
Hong Kong’s Cathay Pacific to sell six Boeing aircraft to BOC Aviation
Hong Kong’s Cathay Pacific Airways Ltd on Monday said it would sell six Boeing 777-300ER aircraft and its associated equipment for $703.8 million to BOC...
French antitrust regulator fines Apple $1.2 billion
France’s competition watchdog on Monday fined iPhone maker Apple 1.1 billion euros ($ 1.23 billion), saying it was guilty of anti-competitive behavior towards its distribution...
Spanish streets deserted as government plans to extend state of emergency
Madrid’s streets were eerily quiet on Monday as Spaniards spent their first working day under a state of emergency which a minister said will need...
After the Fed, the dollar may not subside
When the U.S. Federal Reserve cut interest rates to near zero on Sunday, the dollar fell, since the move blew away the yield on owning...
Finablr raises doubts about its future, CEO leaves
Payments group Finablr on Monday expressed doubts about its ability to continue as a going concern and said its chief executive would step down....
Hong Kong’s Cathay Pacific to sell six Boeing aircrafts to BOC Aviation
Hong Kong’s Cathay Pacific Airways Ltd on Monday said it would sell six Boeing 777-300ER aircrafts and its associated equipment for $703.8 million to BOC...
Exclusive: Flying blind – Marubeni’s Gavilon ignored Brazilian red flags
When Japanese conglomerate Marubeni booked a loss of 3.9 billion yen ($35 million) at its U.S. grain trader Gavilon in November, it blamed adjustments for...
BA owner, easyJet make drastic cuts to try to survive coronavirus
The owner of British Airways and easyJet, Europe’s no.3 and no.4 airlines, warned aircraft would be grounded on an unprecedented scale in a battle to...