Starbucks temporarily moves to ‘to go’ model amid virus outbreak
Starbucks Corp has moved to a “to go” model in all its company-owned stores in the United States and Canada for at least two weeks...
Ryanair slashes flights, says could ground entire fleet
Ryanair will ground most of its aircraft over the next seven to 10 days as Europe’s biggest low-cost airline braces for an up to 80%...
Hong Kong’s Cathay Pacific to sell six Boeing aircraft to BOC Aviation
Hong Kong’s Cathay Pacific Airways Ltd on Monday said it would sell six Boeing 777-300ER aircraft and its associated equipment for $703.8 million to BOC...
After the Fed, the dollar may not subside
When the U.S. Federal Reserve cut interest rates to near zero on Sunday, the dollar fell, since the move blew away the yield on owning...
Finablr raises doubts about its future, CEO leaves
Payments group Finablr on Monday expressed doubts about its ability to continue as a going concern and said its chief executive would step down....
Exclusive: Flying blind – Marubeni’s Gavilon ignored Brazilian red flags
When Japanese conglomerate Marubeni booked a loss of 3.9 billion yen ($35 million) at its U.S. grain trader Gavilon in November, it blamed adjustments for...
Hong Kong’s Cathay Pacific to sell six Boeing aircrafts to BOC Aviation
Hong Kong’s Cathay Pacific Airways Ltd on Monday said it would sell six Boeing 777-300ER aircrafts and its associated equipment for $703.8 million to BOC...
BA owner, easyJet make drastic cuts to try to survive coronavirus
The owner of British Airways and easyJet, Europe’s no.3 and no.4 airlines, warned aircraft would be grounded on an unprecedented scale in a battle to...
Fiat Chrysler halts production in Europe as coronavirus hits demand
Fiat Chrysler Automobiles (FCA) is halting production for two weeks at most of its European plants to help protect staff against the coronavirus pandemic and...
Airlines seek emergency aid as coronavirus brings industry to near-halt
Airlines made unprecedented cuts to flights, costs and staffing on Monday, and stepped up calls for emergency government aid, as coronavirus lockdowns and new travel...