Skies clear as more flights grounded by growing coronavirus curbs
Widening curbs on travel to contain the spread of the coronavirus led airlines to ramp up flight cancellations on Monday, with new restrictions spanning Australia,...
Rout resumes as more nations self-isolate against virus
Financial markets around the world took another hammering on Monday as a rising tide of national coronavirus lockdowns threatened to overwhelm policymakers’ frantic efforts to...
Netflix to reduce quality of streams in Israel to help ISPs
Netflix will comply with a government request to reduce stream quality in Israel to help ease data congestion from people staying home due to the...
Shell cuts 2020 spending by $5 billion, suspends share buyback
Royal Dutch Shell will lower spending by $5 billion and suspended its vast $25 billion share buyback plan in an effort to weather the recent...
Netflix to reduce quality of streams in Israel
Netflix said on Monday it would reduce quality of its streams in Israel for the next month in response to a jump in data congestion...
Panasonic to suspend battery production at Tesla joint venture in Nevada due to coronavirus
(This story was refiled to say news was earlier reported by the Reno Gazette Journal)...
Shell lowers 2020 capex, suspends share buyback
British oil major Shell joined other companies in the sector in lowering capital expenditure for the current year by about $5 billion and suspended the...
Central banks deploy record sums to break financial logjam, but may need more
Central banks have offered trillions of dollars of support to markets in recent days to keep them from freezing up, as investors worried about the...
Brent crude extends fall as coronavirus shutdowns sap demand
Brent crude prices extended falls on Monday amid more action by governments to contain the global coronavirus outbreak that has slashed the demand outlook for...
Walmart ups minimum wage in e-commerce warehouses by $2 as orders surge on virus worries
Walmart Inc said on Monday it has temporarily raised entry wages for workers in its e-commerce warehouses by $2, following similar moves by rivals, as...