Coronavirus to drive European airline industry shakeout
The coronavirus will accelerate a Darwinian shakeout in Europe’s overcrowded airline industry that ultimately benefits Ryanair and British Airways owner IAG, industry experts predict....
Ryanair cuts more Italian flights to April 8 over coronavirus
Ryanair on Monday said it would make further cuts to domestic and international flights to and from Italy until April 8 after the Italian government...
Coronavirus shock, oil price plunge pummel world stocks
Global stock markets plunged on Monday and crude oil prices tumbled by as much as a third after Saudi Arabia launched a price war with...
Wall Street whacked by oil crash, virus fears
Wall Street’s main stock indexes plummeted and the Dow Jones Industrials crashed 2,000 points on Monday as a 20% slump in oil prices and the...
Oil prices plunge by a third as Saudi-Russian pump war looms
Oil prices lost as much as a third of their value on Monday in their biggest daily rout since the 1991 Gulf War as Saudi...
Russia vs Saudi: How much pain can they take in oil price war?
Oil titans Russia and Saudi Arabia have accumulated vast financial cushions that will help them weather a lengthy price war. It’s a battle of nerves...
CP Group’s $10 billion Tesco deal to test mettle of Thailand’s new antitrust watchdog
CP Group’s $10 billion deal to buy Tesco PLC’s 2,000 Thai retail outlets marks the end of a three-way tycoon tussle – and the beginning...
Tesco plans $6.6 billion shareholder return from Asia disposals
Tesco plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group as part...
Exclusive: Goldman turns to veteran Daffey to navigate post-Brexit markets
Goldman Sachs named top trader Michael Daffey as global markets chairman on Monday, with a remit to strengthen key client relationships as the Wall Street...
Instant View: Wall Street plunges after oil shock, trading halts then resumes
U.S. equities plunged on Monday as trading resumed following a slump in oil prices....