Markets

Careem, a unit of Uber Technologies, expects ride-hailing demand to recover to pre-pandemic levels "sometime" in 2021, encouraged by a better-than-expected pickup as countries started to ease coronavirus-related curbs.

Ryanair has threatened to close two regional bases and axe up to 120 pilot jobs unless pilots in its home Irish market bypass their union and directly accept a pay cut, a memo seen by Reuters said.

Spanish airline Iberia will reduce the size of its fleet, the number of destinations it flies to and how frequently as the coronavirus pandemic continues to drag on demand, its chief executive officer said in a newspaper interview.

SINGAPORE: Two F&B businesses along Amoy Street have been ordered to cease operations immediately after customers were allowed to consume alcohol on premises after 10.30pm. Chico Loco and Moonstone bars were also each fined S$1,000, the Singapore Tourism Board (STB) said in a statement on Sunday ...

Pilots and test crew members from the U.S. Federal Aviation Administration and Boeing Co aim to kick off a certification test campaign for the 737 MAX on Monday, expected to last at least three days, people familiar with the matter told Reuters.

Pilots and test crew members from the U.S. Federal Aviation Administration and Boeing Co aim to kick off a certification test campaign for the 737 MAX on Monday, expected to last at least three days, people familiar with the matter told Reuters.

Workers at California's Disneyland Resort protested from their cars on Saturday, arguing that the Walt Disney Co has not agreed to adequate protections for employees when the destination reopens to the public amid a pandemic.

KUALA LUMPUR: These days, Mr Low Chung King, the secretary-general for the Hardware and Building Materials Merchant Association of Kuala Lumpur and Selangor, often field requests for assistance from members facing supply issues. “Every hardware retailer is facing cash flow issues right now,” said ...

American Airlines Group Inc expects to have between 10per cent and 20per cent more workers than needed in July 2021, Chief Executive Doug Parker told employees at a town hall this week, and said that avoiding furloughs will be difficult.

American Airlines Group Inc expects to have between 10per cent and 20per cent more workers than needed in July 2021, Chief Executive Doug Parker told employees at a town hall this week, and said that avoiding furloughs will be difficult.