Business News
$84 billion loss was suffered by airlines this year
The International Air Transportation Association (IATA) forecast on Tuesday that airlines will lose $84 Billion, as the coronavirus pandemic decreases sales by half to the worst year in the industry 's history.
In honor of George Floyd, NYSE holds silence for almost 9 minutes
The US financial market operators, including New York Stock Exchange, kept quiet on a Thursday to honor the 46-year-old African American, George Floyd, whose death was almost nine minutes on his neck after a white police officer knelt on May 25.
The major shareholder of Aston Martin cuts stake in UK automaker
A leading shareholder in Aston Martin reduced its stake in the car manufacturer by almost 5 percent, with a regulatory filing on Monday.
Aerolineas flag carrier in Argentina aims to suspend contracts between employees
Aerolineas Argentinas is to start negotiations with union organizations to suspend contracts with thousands of employees, according to the Monday report, until August, after revenue from the flag carrier dropped by approximately 97 per cent due to the outbreak of coronavirus.
Algeria proposes that the OPEC+ meeting be brought forward by letter to 4 June
According to a letter from Algeria to the OPEC, President of the OPEC Algeria proposed to present a next meeting of the OPEC+ petroleum producing group and their associates to the 4th of June from a previous plan for holding it on 9-10 June.