Southwest Airline sees hit to first-quarter revenue from coronavirus outbreak
Southwest Airlines Co on Thursday warned its first-quarter operating revenue would take a hit of up to $300 million from the coronavirus outbreak, prompting it...
OPEC agrees large oil output cut amid virus outbreak if Russia joins: sources
OPEC agreed on Thursday to cut output by an extra 1.5 million barrels per day (bpd) in the second quarter of 2020 to support prices...
Coronavirus douses stocks rally; Europe, U.S. futures lower
European shares fell again on Thursday, taking their cue from U.S. equity futures, which implied a lower open for Wall Street as cases of the...
British airline Flybe collapses as coronavirus deals final blow
British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the long-struggling carrier one of the first big corporate casualties of...
Oil falls, OPEC seeks Russian backing for deeper supply cuts
Oil fell on Thursday as worries intensified over the fast-spreading coronavirus outbreak and OPEC ministers met in Vienna to seek Russian backing for deeper output...
Finnair steps up efforts to be carbon neutral by 2045
Finnair said on Thursday it had stepped up its efforts to achieve carbon neutrality by 2045 through a range of measures and would begin by...
UBS hardens energy lending as ‘sustainable’ investments rise
Switzerland’s UBS said the value of its ‘sustainable’ investments rose by more than 50% to nearly $500 billion in 2019, while lending to the energy...
Oil prices climb ahead of OPEC meeting to discuss supply cuts
Oil prices climbed higher on Thursday ahead of an OPEC meeting in which Saudi Arabia is expected to push the group and its allies including...
British regional airline Flybe collapses after coronavirus blow
British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the struggling carrier the industry’s first big casualty of the coronavirus...
Hugo Boss sees coronavirus hit to sales spreading from Asia
German fashion house Hugo Boss warned on Thursday that the coronavirus will have a significant impact on its first-quarter results, with sales falling particularly in...