Oh brother! Coronavirus calls split family fortunes on Wall Street
(This story contains language that some readers might find offensive in the 21st paragraph)...
Cathay Pacific to lay off overseas cabin crew, furlough pilots
Hong Kong’s Cathay Pacific Airways Ltd will lay off 286 cabin crew based in the United States and furlough 201 pilots based in Australia and...
Southwest asks unions to start considering post-aid concessions
Southwest Airlines Co has approached unions representing pilots, flight attendants, mechanics and other employees to discuss potential concessions to prepare for a slow industry recovery,...
Oil mixed as China economy gloom overshadows plans to ease U.S. coronavirus lockdown
Oil prices were mixed on Friday after the weakest Chinese economic data in decades showed the impact of the coronavirus pandemic, offsetting some earlier gains...
Fares show declines as airlines brace for tough recovery: Skytra
Air fares have fallen as much as 30% since the start of the year in North America and Europe, according to the first of a...
Volvo Cars to restart production in Sweden next week
Volvo Cars will reopen its Torslanda factory and offices in Sweden next week after overhauling its production processes to help prevent coronavirus infections, following a...
Tata Consultancy shares rise on deal wins, hiring promise
Shares of Tata Consultancy Services Ltd rose as much as 7.9% on Friday as investors shrugged off the software service firm’s warning on coronavirus risks...
Amazon France CEO hopes can reopen warehouses ‘very quickly’
Amazon does not know when its warehouses in France might reopen but hopes it can be soon, the head of its French business said on...
Locked-down investors aim algorithms at chaotic currency markets
A new breed of trading algorithms has deftly navigated the turbulence in currency markets caused by the coronavirus pandemic, driving up demand for robots and...
Cathay Pacific to close U.S. cabin crew bases, laying off 286 staff
Hong Kong’s Cathay Pacific Airways Ltd will close its three cabin crew bases in the United States, the airline said on Friday, laying off 286...