Wirecard shares plunge as Dubai-based partner shuts shop
Shares in Wirecard fell to more than two-year lows on Friday after a Dubai-based business partner closed its doors even as the German payments company...
Ethiopian Airlines sees Boeing 737 MAX compensation deal by end-June
Ethiopian Airlines expects a settlement with planemaker Boeing by end of June over compensation related to the 737 MAX grounding in March 2019 following two...
U.S. consumer sentiment edges up in May but worries about social isolation grow
U.S. consumer sentiment rose unexpectedly in early May after a record plunge a month earlier as emergency assistance payments improved household finances hurt by mass...
Ethiopian Airlines sees crash 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...
Exclusive: United Airlines only needs 3,000 of 25,000 flight attendants in June – sources
United Airlines Holdings Inc has told staff that it only has work for about 3,000 of its about 25,000 flight attendants in June, sources said,...
White House’s Kudlow floats cutting U.S. corporate tax rate in half
White House economic adviser Larry Kudlow on Friday floated the idea of cutting the corporate tax rate in half for U.S. companies who bring their...
Shares in Wirecard fall sharply; traders cite concerns about Dubai business partner
Shares in Wirecard fell more than 13% to their lowest in more than two years on Friday, traders pointing to a tweet about a business...
Exclusive: Virgin Atlantic won’t resume 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 to...
Coronavirus pummels U.S. retail sales, industrial production
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.-China trade deal not falling apart: White House adviser
The U.S.-China trade deal reached in January is absolutely not falling apart and the two countries are still working on trade, White House adviser Larry...