Air fares decline in further threat to profit: IATA
Airlines cut domestic fares by an average 23% last month as traffic picked up from April lows, global industry body IATA said on Wednesday, warning...
Rally Finland cancelled due to pandemic
The Finnish round of the World Rally Championship in August has been cancelled due to the COVID-19 pandemic, organisers said on Wednesday....
Saudi, Russia agree oil cuts extension, raise pressure for compliance
OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil output cuts by one month while raising pressure...
Exclusive: Trump administration set to bar Chinese passenger carriers from flying to U.S., sources say
President Donald Trump’s administration plans to bar Chinese passenger carriers from flying to the United States starting in mid-June as it pressures Beijing to allow...
U.S. labor market appears to stabilize as private payrolls fall less than expected
U.S. private payrolls fell less than expected in May, suggesting layoffs were abating as businesses reopen, though the overall economy’s recovery from the COVID-19 pandemic...
Magnitude 6.8 earthquake hits northern Chile, copper mines say unaffected
A magnitude 6.8 earthquake struck in the mine-heavy northern Chile early on Wednesday, monitoring groups confirmed, though mining companies told Reuters their operations were not...
Will Americans still travel abroad? Only with cast-iron coronavirus cover
In the new reality of COVID-19, some Americans may still be willing to travel abroad – but they’re going to make sure they’re insured up...
Social-distancing Greek style: shimmy and sing from your car
Hundreds of Greeks danced and sang from their cars at a drive-in music concert, the first such event since the country banned mass gatherings to...
France says latest U.S. trade threats over digital tax a ‘contradiction’
French Finance Minister Bruno Le Maire criticized U.S. threats of trade sanctions over digital service taxes, which he said clashed with its calls for G7...
Iran’s Khamenei says Floyd’s killing exposes real nature of U.S.
Iran’s Supreme Leader Ayatollah Ali Khamenei said on Wednesday that the killing of George Floyd in police custody had exposed the true nature of the...