"We are incredibly proud of our world-class workforce, however, we have had to make redundancies across several areas of our business to reflect current market conditions," an Etihad spokesperson said Tuesday.
European car sales fell dramatically in April as coronavirus lockdowns in the region closed car dealerships and brought a halt to manufacturing and sales, the latest industry data showed Tuesday.
A "strong political signal," a "big step forward," and a "historic" moment — these are just some reactions to the latest plan from France and Germany to set up a coronavirus relief fund in Europe.
Taiwan on Tuesday said it was "disappointed and angry" with the World Health Organization (WHO) for not inviting Taipei to joining this year's World Health Assembly (WHA.)
The number of people claiming unemployment benefits in the U.K. soared in April, as the coronavirus outbreak created mass job losses in the country, the latest data showed.
A major revamp of Hong Kong's benchmark Hang Seng index is set to pave the way for Chinese tech giants to benefit and expand their trading presence in Asia, while letting more investors gain access to their stocks.
The deal, to be completed this summer, will allow the Japanese electronics and entertainment giant to strengthen its presence in the fintech field to compete with global tech giants such as Alibaba and Apple, the Nikkei business daily said.
Stocks rallied from earlier lows, driven partly by unprecedented policy stimulus from central banks around the world, Suresh Tantia, a senior investment strategist at the bank, told CNBC.
55% of respondents in a recent Nikkei/TV Tokyo poll said they do not have a favorable view of the Japanese government's handling of the coronavirus outbreak.