Some Democrats in Congress are pushing back on aspects of a proposal by major airlines seeking $50 billion in grants and loans in the face of the massive travel slowdown as a result of the coronavirus pandemic.
Luxury jeweler Tiffany & Co said on Tuesday it would temporarily close several stores, including its Fifth Avenue flagship store in New York, and reduce working hours at other outlets, in an effort to contain the spread of the novel coronavirus.
Luxury jeweler Tiffany & Co said on Tuesday it would temporarily close several stores, including its Fifth Avenue flagship store in New York, and reduce working hours at other outlets, in an effort to contain the spread of the novel coronavirus.
Flights to Guatemala of Guatemalans and other nationalities deported from the United States under a deal with Washington have been temporarily suspended, Guatemala's government said on Tuesday, amid concerns over the spread of coronavirus.
The most amazing record broken was not in the stock market, however. It was the long-standing record in what’s perhaps the longest-running price series in financial history: the gold/silver ratio.
Luxury jeweler Tiffany & Co said on Tuesday it would temporarily close several stores, including its Fifth Avenue flagship store in New York, and reduce working hours at other outlets, in an effort to contain the spread of coronavirus.
U.S. President Donald Trump said the government would provide financial assistance to Boeing Co as the entire aviation sector faces economic turmoil over the coronavirus pandemic.
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European airlines demanded urgent tax relief to avoid multiple bankruptcies as coronavirus disruption continued its spread across the global industry on Tuesday. The Airlines for Europe group called for widespread tax deferrals "to ensure that as many airlines as
possible survive" the crisis.
Boeing Co shares tumbled as much as 22% to a more-than-six-year low on Tuesday following a rating downgrade that reflected its worsening cash flow due to the extended grounding of its 737 MAX jet and the blow from the coronavirus pandemic.
European airlines demanded urgent tax relief to avoid multiple bankruptcies, as coronavirus disruption continued to spread around the global industry on Tuesday. The Airlines for Europe group called for widespread tax deferrals "to ensure that as many airlines as
possible survive" the crisis.
Airlines in Latin America will need prompt government aid or many of them could go out of business due to widespread flight cancellations amid the global coronavirus outbreak, the head of regional airline association ALTA told Reuters on Tuesday.
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Every country in Europe should be taking the "boldest" actions possible to try to halt or slow the epidemic of COVID-19 disease caused by the new coronavirus, the World Health Organization's European director said on Tuesday.
Britain's truckers have warned the government they will go bust and damage the supply of supermarkets and industry if they are not given financial support, as the spread of coronavirus constricts trade.
China's aluminium smelters lifted production by 2.4% over the first two months of this year. The increase was testament to producers' ability to keep operating over the worst of the coronavirus outbreak in China.
Alarmed consumers thronged markets across Africa on Tuesday, many in masks and gloves, to stock up as the coronavirus spread on the world's poorest continent.
Top lithium miners in Chile, the world´s No.2 producer of the ultralight battery metal, ramped up sanitary precautions at their Atacama salt flat mining operations to protect workers from the coronavirus outbreak, but said impact on output was minimal thus far.
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