Boeing to shrink workforce and production as coronavirus slams industry
Boeing Co said on Wednesday it would cut its 160,000-person workforce by about 10%, further reduce 787 Dreamliner production and try to boost liquidity as...
Long live jog and stroll, court tells over-strict German region
The regional state of Saarland had one of the strictest lockdowns in Germany to tackle one of its highest infection rates – but was told...
BP donates jet fuel in U.S. to help with COVID-19 relief
BP is donating 3 million gallons of jet fuel to FedEx and Alaska Airlines [ALKAIR.UL] to help with the distribution of personal protective equipment in...
EU clears French 5 billion euro loan guarantee to Renault
The European Commission approved on Wednesday a 5 billion euro ($5.4 billion) loan guarantee to carmaker Renault group to mitigate the impact of the coronavirus...
KFC parent Yum says April sales improving after virus hits Q1
Yum Brands Inc said on Wednesday sales in April showed signs of improvement as stay-at-home consumers ordered in more and diners returned to restaurants after...
Lufthansa to get financial support from Switzerland and Austria
Switzerland and Austria pledged to help Lufthansa with state-backed loans as the German airline pursues talks with Berlin over a 9 billion euro ($9.8 billion)...
Republicans postpone vote on controversial Fed nominee Shelton
Republicans in the U.S. Senate have postponed plans to advance Federal Reserve nominee Judy Shelton, according to a congressional source, heading off a fight over...
Canada’s coronavirus outbreak slows as cases top 50,000, but long fight looms
Canadian hospitals had beds to spare as the country hit 50,373 confirmed coronavirus cases on Wednesday, and several provinces were relaxing public health measures, but...
Indonesian man self-quarantines in bamboo forest
Upon returning to his hometown for fasting month celebration, Abdullah Al-Mabrur went into a 14-day self-isolation in a bamboo forest while helping to clean up...
Bosnia reports sharp rise in coronavirus cases after relaxing lockdown
Bosnia reported on Wednesday its sharpest daily rise in new coronavirus infections this month after its two autonomous regions had gradually begun to ease lockdowns....
