Business News
India issues post-lockdown factory guidelines after fatal gas leak
2020-05-10
India has issued guidelines to ensure a safe restart of its production facilities following a national lockdown that lasts for weeks aiming to stop the spread of the coronavirus.
Tesla sues California County in the fight against closing viruses and threatens to leave
2020-05-10
On Saturday Tesla Inc sued local authorities in California, while the electric carmaker was pushing their plant to open again and CEO Elon Musk threatened to move Tesla headquarters and future programs from the State to Texas or Nevada.
Apple borrows on the cheap for dividends, buybacks
2020-05-05
Apple Inc. capitalized on emergency measures by the Federal Reserve on Monday in response to the coronavirus outbreak to issue its cheapest bonds in years, making it the latest blue-chip company to fund stock buybacks and dividends
Ryanair passengers were down 99.6 percent in April, Wizz Air 97.6 percent
2020-05-05
Ryanair, Europe's largest budget airline, posted a 99.6 percent drop in passenger numbers in April, while Wizz Air, a smaller low-cost carrier, reported a 97.6 percent drop in numbers, as the novel coronavirus stopped flying most across Europe.
United Airlines will cut management by 30 per cent in October, also preparing pilot changes: company memos
2020-05-05
United Airlines Holdings Inc plans to cut the demand for air travel by at least 3,400 management and administrative positions in October as the coronavirus pandemic crushes the demand for air travel and, according to two memos seen by Reuters, has also told pilots to brace for changes.