United Airlines borrows $2 billion as coronavirus slams industry
United Airlines said on Thursday it had borrowed $2 billion to cope with an unprecedented disruption to the travel industry as the coronavirus pandemic leads...
Airline crisis deepens as U.S. puts Europeans in coronavirus quarantine
European airlines bore the brunt of a dramatic expansion of the coronavirus crisis on Thursday, as U.S. travel curbs on much of the continent deepened...
Oil falls more than 5% after Trump surprises with travel ban
Oil prices fell more than 5% on Thursday after U.S. President Donald Trump unexpectedly announced restrictions on travel from Europe, in an attempt to halt...
GameStop investors seek board seat
A group of investors in GameStop Corp has asked the video game retailer to appoint a shareholder nominee on the company’s board....
Oil falls 7% as Trump surprises with travel ban
Oil prices fell on Thursday following surprise travel restrictions imposed by U.S. President Donald Trump in an attempt to halt the spread of coronavirus after...
Italian businesses count heavy cost of coronavirus lockdown
Even if Italy’s draconian measures to stop the spread of coronavirus prove successful, they will leave an economy in tatters, with small and medium-sized businesses...
Blackstone says no blanket policy to tap credit lines
Private equity firm Blackstone Group Inc does not have a sweeping directive in place to encourage companies in its portfolio to draw down credit lines...
Oil falls $2 as Trump surprises with travel ban
Oil prices fell on Thursday following surprise travel restrictions imposed by U.S. President Donald Trump in an attempt to halt the spread of coronavirus after...
Shell CEO’s 2019 pay halves after fatalities, revenue fall
Royal Dutch Shell Chief Executive Ben van Beurden’s pay package halved last year to 10 million euros ($11.3 million) after the energy company suffered seven...
China automakers seek government relief after February sales dive 79% on coronavirus
Automakers in China are calling on the government to help after industry-wide sales plunged 79% in February to mark their biggest ever monthly decline, with...