BA, easyJet and Ryanair launch legal action over UK quarantine
British Airways, easyJet and Ryanair have launched legal action against the UK government’s quarantine policy, asking for a judicial review to be heard as soon...
Luxury food industry turns sour amid global coronavirus lockdowns
Global demand for premium foods like wagyu beef, bluefin tuna and caviar has plunged with thousands of restaurants shuttered and many economies sliding into recession...
Oil falls, rally ends as U.S. sees resurgence of coronavirus infections
Oil prices fell on Friday, extending big losses from overnight as U.S. coronavirus cases surged this week and raised the prospect of a second wave...
U.S. insurers use lofty estimates to beat back coronavirus claims
U.S. property and casualty insurers have cast the coronavirus pandemic as an unprecedented event whose massive cost to small businesses they are neither able nor...
Scrub that: Pandemic forces ship owners to shelve anti-pollution gear
Ship owners are postponing or cancelling the installation of “scrubbers” that extract harmful sulphur emissions from their vessels as the coronavirus pandemic tightens finances....
Asia stocks slide as coronavirus fears return
Asian shares fell sharply on Friday and oil prices extended losses on growing concerns that a resurgence of coronavirus infections could stunt the pace of...
U.S. lawmakers ask Zoom to clarify China ties after it suspends accounts
Three U.S. lawmakers asked Zoom Video Communications Inc to clarify its data-collection practices and relationship with the Chinese government after the firm said it had...
Pandemic heightens chance Japan slides back into deflation: Reuters poll
The coronavirus pandemic has raised the chance Japan’s economy will slip back into deflation as social curbs to halt the spread of the disease hits...
Oil extends slump as prospect of second viral wave in U.S. ends rally
Oil prices fell on Friday, extending heavy overnight losses as a surge in U.S. coronavirus cases this week raised the prospect of a second wave...
Asian shares, oil slump as coronavirus fears take hold
Asian shares fell sharply on Friday after Wall Street and oil tumbled over growing concerns that a resurgence of coronavirus infections could stunt the pace...