Exclusive: Virgin Atlantic won’t restart flights until August if UK introduces quarantine – source
Virgin Atlantic will not be able to resume passenger flights until August at the earliest if Britain introduces a 14 day quarantine for travellers, according...
Coronavirus sinks U.S. retail sales again in April
U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy...
U.S. moves to cut Huawei off from global chip suppliers
The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action ramping up tensions with China....
Wall Street eyes weak open as trade war fears add to virus woes
Wall Street’s main indexes were set to open lower on Friday after the Trump administration’s move to block semiconductor shipments to China’s Huawei Technologies ratcheted...
Ethiopian Airlines CEO expects settlement with Boeing by end-June
Ethiopian Airlines expects a settlement with planemaker Boeing by end of June over the crash of an 737 MAX plane in March 2019, CEO Tewolde...
Belgium tells Lufthansa state aid possible if its conditions met
The Belgian government said on Friday it had told Lufthansa it could only invest in its Belgian subsidiary Brussels Airlines if certain conditions were met,...
Futures extend losses after retail sales worse than feared
U.S. stocks futures extended declines slightly on Friday after data showed retail sales plunged much more than expected in April, underscoring the deep economic slump...
U.S. employers wary of coronavirus ‘immunity’ tests as they move to reopen
U.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other workplaces....
Companies fear coronavirus liability lawsuits. So far, few exist
Businesses are urging U.S. lawmakers to shield companies from what they fear could be a flood of lawsuits by workers and consumers blaming employers for...
Exclusive: Nissan sees bigger role for U.S., China markets in global car sales – sources
Nissan Motor Co expects equal contributions to global car sales from China, the United States and elsewhere in coming years as the struggling Japanese carmaker...