Markets

The coronavirus crisis has seen millions locked in their homes turn to videoconferencing apps, bringing with it question marks over security and privacy and a new verb - Zoombombing - the practice of uninvited users crashing into conversations.

Nissan Motor Co on Tuesday said that it would temporarily shut down operations at its global headquarters and other facilities in Japan through early May to contain the spread of the coronavirus.

FOR the proposed sale of their stakes in Bank Permata, Standard Chartered (StanChart) and PT Astra International Tbk will receive a total consideration that is 1.63 times the Indonesian lender's book value.

SYDNEY: Virgin Australia Holdings said on Tuesday (Apr 20) it entered voluntary administration to recapitalise the business and emerge in a stronger financial position after being battered by the coronavirus crisis, making it the largest airline to collapse under the shock of the coronavirus ...

The U.S. Treasury Department said on Monday it has disbursed US$2.9 billion in initial payroll assistance to 54 smaller passenger carrier and two major passenger airlines, while it finalized grant agreements with six major airlines.

Lord & Taylor is exploring filing for bankruptcy protection after it was forced to temporarily shut all of its 38 U.S. department stores in the wake of the coronavirus outbreak, people familiar with the matter said on Monday.

SYDNEY: Virgin Australia Holdings Ltd said on Tuesday (Apr 20) it entered voluntary administration to recapitalise the business and emerge in a stronger financial position after being battered by the coronavirus crisis and a high debt load. Deloitte has been appointed as the administrator, the ...

Virgin Australia Holdings Ltd said on Tuesday it entered voluntary administration to recapitalise the business and emerge in a stronger financial position after being battered by the coronavirus crisis and a high debt load.

Brazil's government is discussing with the country's main airlines further reducing a minimal flight schedule implemented due to the coronavirus crisis as travel demand remains close to zero, three sources told Reuters.

The U.S. energy industry has asked the Federal Reserve to change the terms of a US$600 billion lending facility so that oil and gas companies can use the funds to repay their ballooning debts, according to a letter seen by Reuters.