EasyJet to cancel flights as coronavirus hits demand
British budget airline easyJet said on Friday it would cancel flights and cut costs across its business after the coronavirus outbreak hit demand for travel...
Malaysia’s AirAsia X defers A330neo deliveries as virus pressures frail finances
Malaysian long-haul budget airline AirAsia X said it will defer delivery of 78 Airbus SE A330neo planes and consider other changes to reduce its fleet,...
Powered by hydrogen, Hyundai’s trucks aim to conquer the Swiss Alps
Hyundai’s hydrogen-powered 18-tonne trucks are set to hit the roads in Switzerland next month as the South Korean automaker looks to establish a case for...
Oil prices on track for biggest weekly fall in four years
Oil prices slumped to their lowest in more than a year on Friday and were set for their steepest weekly fall in more than four...
London Stock Exchange on track to close Refinitiv deal as income jumps
The London Stock Exchange Group said on Friday it would complete its $27 billion takeover of analytics company Refinitiv on time this year as it...
Rolls-Royce reports $1.1 billion operating loss on Trent 1000
British aerospace engineer Rolls-Royce reported a 2019 operating loss of 852 million pounds ($1.11 billion), after the cost of tackling durability problems on its Trent...
EasyJet warns of softer Italian demand in wake of coronavirus
British budget airline easyJet warned on Friday it had seen a significant softening of demand and load factors into and out of its northern Italian...
Hyundai Motor halts work at factory after worker tests positive for coronavirus
Hyundai Motor shut down a factory in South Korea on Friday after a worker tested positive for the new coronavirus, disrupting production of popular models...
Uniqlo reopens more China stores, most partner factories restart
Fast Retailing , which operates casual clothing chain Uniqlo, said on Friday it had reopened more than 100 stores in China in the past week,...
UBS cuts Ermotti’s pay after French court blow, overhauls bonus scheme
UBS Chief Executive Sergio Ermotti cashed in less money in 2019 as the bank made pay concessions related to a French tax case and missed...