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Updated: 3 years 45 weeks ago
World stocks fall further after Trump's China tariff threat
World stocks pulled back further on Friday on grim U.S. economic data and President Donald Trump's threat to impose new tariffs on China over the coronavirus crisis.
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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,
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For small business loan program, forgiveness may be the hardest part
The U.S. government's $660 billion small business rescue program has stumbled on missing paperwork, technology failure, and the misdirection of funds to big corporations. Now, it is lurching toward another hurdle: forgiving those hastily arranged loans.
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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.
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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.
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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.
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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.
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Boeing raises $25 billion in blowout debt sale, eschews government aid
Boeing Co raised $25 billion in a bond offering on Thursday, a blowout result for the planemaker, which it said helped the company avoid taking government aid during the coronavirus-induced travel downturn.
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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.
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Ryanair in advanced talks over possible new Boeing order
Ryanair is in advanced talks about a potential new plane order with Boeing, but possible price cuts or cancellations of its existing 737 MAX order are also part of the discussions, chief executive Michael O'Leary said on Friday.
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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.
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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.
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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.
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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.
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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.
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'W-shaped' recovery may be too optimistic, Fed's Powell suggests
Federal Reserve Chair Jerome Powell has sketched out an altogether bumpier ride for the U.S. economy than many are predicting - one that sees business activity stop and start for months to come, until an effective treatment or vaccine for the novel coronavirus can be found.
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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.
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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.
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ISS gives 'cautionary' backing for JPMorgan lead director Raymond
Institutional Shareholder Services (ISS) recommended on Thursday that investors vote in favor of all board nominees at JPMorgan Chase & Co but called its support for lead independent director Lee Raymond "cautionary."
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