WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi said she was hopeful legislation for additional COVID-19 relief could be finalized before the Nov. 3 presidential election no matter how the … Read More
WASHINGTON (Reuters) – A Republican proposal to provide around $300 billion in new coronavirus relief was heading to defeat in the U.S. Senate on Thursday amid opposition from Democrats who … Read More
SAO PAULO (Reuters) – Brazil’s Gol Linhas Aereas Inteligentes (GOLL4.SA) said on Thursday it expects to burn through 3 million reais ($565,195.27) a day for the rest of 2020, half … Read More
SYDNEY (Reuters) – Singapore Airlines Ltd (SIAL.SI) said on Thursday it would cut 4,300 positions, or around 20% of its staff, due to the debilitating impact of the coronavirus pandemic on demand in the largest job losses in its history.
LONDON (Reuters) – British Airways owner IAG (ICAG.L) launched a heavily discounted rights issue on Thursday to raise 2.74 billion euros ($3.2 billion) to help strengthen its pandemic-hit finances, in a first test of faith in its new boss Luis Gallego.
LONDON (Reuters) – Airlines including British Airways and easyJet (EZJ.L) urged the UK government on Thursday to introduce coronavirus testing as an alternative to quarantine by the end of the month, in what they described as a “last chance” to save the industry.
CHAUVIGNY, France (Reuters) – Teams who had one staff member test positive for COVID-19 will not be ejected from the Tour de France if they have another one in the … Read More
ISTANBUL (Reuters) – Huseyin Goksoy, a tailor who was so stressed about going hungry during the worst of the COVID-19 pandemic that he was briefly bedridden with a hernia, is increasingly worried about his future as Turkey strains to curb poverty.
BERLIN (Reuters) – The number of firms declaring insolvency in Germany was 6.2% lower than in the first half of last year despite the coronavirus crisis, the Statistics Office said, … Read More
WASHINGTON (Reuters) – U.S. Senate leaders on Wednesday held onto their radically different positions on what is needed to address the continuing fallout from the coronavirus pandemic, one day before a vote on a modest Republican bill that appeared destined for defeat.