Cash-strapped Virgin Australia grounds almost all domestic flights amid virus crisis
Virgin Australia Holdings Ltd said on Thursday it would ground all domestic flights, except a single daily Sydney-Melbourne service through June 15, as it continues...
Nissan seeks $4.6 billion credit line after coronavirus hit: sources
Nissan Motor has requested a 500 billion yen ($4.6 billion) commitment line from major lenders after sales were battered by the coronavirus outbreak, two people...
Asian shares rise as investors pin hopes on pandemic peaking
Asian shares rose on Thursday on hopes the COVID-19 pandemic is nearing a peak and that governments would roll out more stimulus measures to support...
Nissan seeks $4.6 billion credit line after coronavirus hit: Nikkei
Nissan Motor has requested a 500 billion yen ($4.6 billion) commitment line from major lenders after sales were battered by the coronavirus outbreak, the Nikkei...
Advertisers shun coronavirus coverage, hastening news media battle for survival
From Rupert Murdoch’s News UK to McClatchy’s chain of local newspapers across the United States, news publishers are attracting record numbers of readers as people...
California developer says virus an act of God, sues Exxon over stalled deal
A California retail developer claims the state’s coronavirus lockdown was an act of God that prevented it from completing a $4.2 million property acquisition, asking...
U.S. weekly jobless claims seen hovering near record highs
The number of Americans seeking unemployment benefits in the last three weeks likely totaled a staggering 15 million as tough measures to control the novel...
UBS and Credit Suisse to partially postpone dividend payout
Switzerland’s two big banks, UBS and Credit Suisse , said they decided to pay out part of their dividend for 2019 later this year after...
Swiss financial watchdog welcomes UBS’ and Credit Suisse’s dividend decisions
Swiss financial watchdog Finma said on Thursday it welcomed a decision by UBS and Credit Suisse to pay out half of their dividends for 2019...
Commodity currencies hold firm on hopes of pandemic peak, oil output cut
Commodity currencies drew support on Thursday from hopeful signs the coronavirus pandemic may be peaking and that major oil producers may agree to cut output...