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Trump threatens new tariffs on China in retaliation for coronavirus

U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs on Beijing, as his administration crafted retaliatory measures over the outbreak.



5 years ago

Norwegian Air's fate unclear as deadline to accept rescue offer passes

The fate of Norwegain Air was in the balance on Friday after a deadline passed overnight for bondholders to vote on a rescue package for the transatlantic budget airline.



5 years ago

Norway wealth fund to back AGM resolution to make Barclays a 'net zero' bank

Norway's sovereign wealth fund will vote in favour of a resolution committing Barclays to tackling climate change at the bank's annual general meeting on May 7, the fund said on Friday.



5 years ago

Ryanair grounds virtually all planes until July, reviews growth plans

Ryanair on Friday announced it would ground more than 99% of its flights until July and said it had begun negotiations with Boeing about cutting the number of aircraft deliveries over the next 24 months.



5 years ago

Norway wealth fund backs Barclays climate goals amid investor pressure

Norway's sovereign wealth fund will vote in favour of a resolution committing Barclays to tackling climate change at the bank's annual general meeting on May 7, instead of a separate shareholder one, the fund said on Friday.



5 years ago

Norwegian Air's fate in balance as result of rescue vote awaited

The fate of Norwegian Air was in the balance on Friday after a deadline passed overnight for bondholders to vote on a rescue package for the transatlantic budget airline.



5 years ago

Timeline: Norwegian Air's battle for survival

The fate of Norwegian Air hangs in the balance on Friday after a deadline passed overnight for bondholders to vote on a rescue package for the transatlantic budget airline.



5 years ago

Dreams grounded: Cadet pilots face uncertain future as coronavirus turns shortage to surplus

Mark, 34, quit his job as a town planner in London last year to start flight-training school, buoyed by a conditional offer of employment with budget carrier easyJet at a time when the airline industry was desperately short of pilots.



5 years ago

Ryanair to cut 3,000 jobs as the coronavirus crisis drags on

Ryanair plans to cut 3,000 jobs and talk to Boeing about delaying plane deliveries as it does not expect European air traffic to recover fully from the coronavirus crisis until 2022, the Irish airline said on Friday,



5 years ago

Stocks fall further after Trump's China tariff threat

World stocks pulled back further on Friday on grim U.S. economic data, mixed company results and President Donald Trump's threat to impose new tariffs on China over the coronavirus crisis.



5 years ago

Amazon extends work from home regime till October 2

Amazon.com Inc has told staff whose job can be done from home that they can do so until at least Oct. 2, pushing out the timeline on a return to work for many employees as it faces scrutiny over conditions in its warehouses.



5 years ago

Greggs shares slide after British store reopenings postponed

Shares in British baker and takeaway food group Greggs tumbled as much as 7.3% on Friday after it reversed a decision to re-open some stores, leading analysts to question how it can successfully emerge from the country's coronavirus lockdown.



5 years ago

Ryanair sets mid-May deadline for talks on new Boeing MAX order

Ryanair aims to conclude talks with Boeing on a new plane order in the next two weeks, but possible price cuts or cancellations related to an existing 737 MAX order are also part of the discussions, its chief executive said on Friday.



5 years ago

Long lines, lots of kids, and plenty to touch: How does Disney reopen its parks?

For a glimpse at how Disney recovers from the coronavirus pandemic, look no further than Shanghai, where the entertainment giant has staged a limited reopening of Shanghai Disney Resort. Adults, kids and senior citizens wear masks while wandering among staff and security guards who carry contact-less thermometers and hand sanitizer.



5 years ago

For cloud giants, usage soars but tech investment delays hobble revenue growth

As lockdown orders force billions of people to work, learn and play from home during the novel coronavirus outbreak, usage has surged for the cloud computing services that power video conferencing, streaming television and online games.



5 years ago