The founders of Malaysia's AirAsia Group Bhd will not take salaries and its staff has agreed to an as much as 75per cent cut in pay due to the impact of the novel coronavirus outbreak on the airline, its chief executive said late on Saturday.
REUTERS: The technology arm of Britain's National Health Service has been working on a mobile phone app with Alphabet Inc's Google and iPhone maker Apple that the government hopes will help in ending the coronavirus lockdown, the Sunday Times newspaper reported. The system will use Bluetooth ...
Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output.
The biggest supply cut ever contemplated by the world's top oil producers is hanging in the balance as a refusal by Mexico's leftist leader to imperil his plans to rebuild state oil company Pemex has angered the Saudi prince who helped craft the deal.
Major U.S. airlines were urging Treasury officials and the federal government's outside advisers on Saturday to scrap or revise a proposal that would make part of the US$25 billion earmarked by Congress to help keep workers on the payroll repayable in the form of low-cost loans.
JPMorgan Chase & Co , the country's largest lender by assets, is raising borrowing standards this week for most new home loans as the bank moves to mitigate lending risk stemming from the novel coronavirus disruption.
Macy's Inc has hired investment bank Lazard Ltd to explore options for bolstering its finances after the department store operator lost most of its revenue as it shut down all its stores as a result of the coronavirus outbreak, people familiar with the matter said.
JPMorgan Chase & Co , the country's largest lender by assets, is raising borrowing standards this week for most new home loans as the bank moves to mitigate lending risk stemming from the novel coronavirus disruption.
As food security comes into sharper focus this pandemic, paying attention to the challenges of smallholders may be the best way to identify and tackle fresh challenges, say two observers
The two top Republicans in the US Congress vowed on Saturday to oppose Democrats' demands to boost a proposed US$250 billion bill to aid small businesses during the coronavirus pandemic by adding money for hospitals and state and local governments.
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