Japan's Mitsubishi Aircraft Corp said on Wednesday that it completed the first certification test flight of its SpaceJet, bringing the regional aircraft a step closer to commercial operations.
French unions are urging Airbus to keep its French factories closed beyond March 23, when it plans to resume production after a four-day shutdown, raising questions over the knock-on impact on plants elsewhere in Europe.
Industrial and Commercial Bank of China (ICBC) said on Wednesday it will adjust the bid-ask spread for trading on global crude oil and precious metals amid market fluctuations.
French Finance Minister Bruno Le Maire said he will meet the heads of French carmarkers Renault and PSA on Wednesday to discuss how to help the sector after a sudden drop in production due to the coronavirus.
British fashion brand Superdry said on Wednesday it would miss its 2020 targets because of the "unprecedented challenges" of the coronavirus outbreak, but added it had a strong capital position and was in talks with lenders about additional flexibility and liquidity.
British fashion brand Superdry said on Wednesday it would miss its 2020 targets due to the "unprecedented challenges" of the coronavirus outbreak, but had a strong capital position and was in talks with lenders about additional flexibility and liquidity.
Saudi Arabia on Wednesday suspended work in most of the private sector for 15 days and directed businesses to implement work-from-home policies to stop the spread of the coronavirus that has infected 171 people in the kingdom.
U.S. clothing retailer Gap Inc and luxury department store operator Neiman Marcus [NMRCUS.UL] will close their stores for two weeks, joining other retailers in a vast effort to stem the spread of the novel coronavirus.
Global airlines are fast running out of cash after cutting capacity by 90% or even grounding entire fleets due to the broad travel restrictions to contain the spread of the coronavirus, calling into question the survival of several firms.
South African state-owned airline SA Express said it would suspend operations from Wednesday until further notice because of recent developments, including the impact of a rapidly spreading coronavirus pandemic.
Packed onto a plane full of fellow Chinese students heading home from the United States, 20-year-old Harvard University undergraduate Roger Zhang wore goggles to ward off the coronavirus for hours until they became just too uncomfortable.
Canada and the United States will announce a deal to partially close their borders on Wednesday, which will allow trade and commerce to go on, the Globe and Mail reported, citing sources.
Canada and the United States will announce a deal to partially close their borders on Wednesday, which will allow trade and commerce to go on, the Globe and Mail reported https://www.theglobeandmail.com/canada/article-canada-us-to-close-border-to-non-essential-travel on Tuesday, citing sources.
Roadblocks across Venezuela snarled the transportation of goods on Tuesday and businesses in the capital Caracas reported that food deliveries failed to arrive, in signs that a national coronavirus quarantine could worsen a humanitarian crisis.
South Korea said on Wednesday it would inject more dollars into its banking system to ensure businesses have enough funding, amid concerns about the deepening global economic impact of the coronavirus pandemic.
Malaysia's palm oil plantations will stop operations for the next two weeks to comply with government orders to contain the spread of the coronavirus, a producer group said on Wednesday, raising concerns over global edible oil supplies.
U.S. airlines are seeking to quickly reduce their workforces through early retirement packages or unpaid leave of up to 12 months with medical benefits in an effort to cut costs as the rapid spread of the coronavirus keeps people from flying.
Australia and Taiwan joined a growing list of countries offering financial aid to their ailing aviation sectors as global airlines announced deeper capacity cuts due to plummeting demand and stricter border controls associated with the coronavirus.
Australian Prime Minister Scott Morrison on Wednesday declared a "human biosecurity emergency" and said the country's citizens should abandon all overseas travel because of the coronavirus epidemic that he warned could last at least six months.