Hong Kong's Cathay Pacific Airways said on Wednesday it expects to report a substantial loss in the first half of this year and slash more capacity as the coronavirus outbreak erodes travel demand, after posting a drop in 2019 earnings.
Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it expects to report a "substantial" loss in the first half of this year as it reduces capacity due to the coronavirus outbreak, after it posted a 28% drop in 2019 earnings.
A senior U.S. senator on Tuesday accused U.S. firms of willfully ignoring "horrific" forced labor conditions in China's Xinjiang region and called on the Commerce Department to stop American companies and consumers buying goods produced by such labor.
A senior U.S. senator on Tuesday accused U.S. firms of willfully ignoring "horrific" forced labor conditions in China's Xinjiang region and called on the Commerce Department to stop American companies and consumers buying goods produced by such labor.
Air freight rates are skyrocketing after the grounding of many passenger flights in Asia has left shippers scrambling to book limited spots on cargo planes as Chinese industrial production restarts, according to industry insiders.
A union representing U.S. airport security screeners is urging the Transportation Security Administration (TSA) to supply more effective masks to protect against the spread of the new coronavirus, union leadership told Reuters on Tuesday.
A union representing U.S. airport security screeners is urging the Transportation Security Administration (TSA) to supply more effective masks to protect against the spread of the new coronavirus, union leadership told Reuters on Tuesday.
Canada is looking to soften the blow of the new coronavirus outbreak on airlines as part of Prime Minister Justin Trudeau's efforts to support the economy as the disease spreads, a senior official said on Tuesday.
Leading U.S. airlines on Tuesday ditched 2020 forecasts and unveiled more sweeping capacity cuts and cost-saving measures in response to the spreading coronavirus, while United Airlines warned of a deep hit to the sector.
U.S. President Donald Trump said he will ask Congress for a payroll tax cut and other "very major" stimulus moves on Tuesday to ease the economic pain of the coronavirus, but the details remain unclear.
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on November 12, Arconic Inc's Director, James F. Albaugh, invested $147,523.00 into 5,000 shares of ARNC, for a cost per share of $29.5
In trading on Tuesday, shares of Hecla Mining Co (Symbol: HL) entered into oversold territory, changing hands as low as $2.15 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
U.S. President Donald Trump said he will ask Congress for a payroll tax cut and other "very major" stimulus moves on Tuesday to ease the economic pain of the coronavirus, but the details remain unclear.
Canada is looking to soften the blow of the new coronavirus outbreak on airlines as part of Prime Minister Justin Trudeau's efforts to support the economy as the disease spreads, a senior official said on Tuesday.
Democratic Republic of Congo confirmed its first case of coronavirus on Tuesday, bringing the number of countries in sub-Saharan Africa hit by the epidemic to seven.
Bereaved families who lost loved ones aboard Ethiopian Airlines Flight 302 converged on the crash site on Tuesday to mark the first anniversary of the tragedy, a day after an interim report focused on software installed on the Boeing 737 MAX jet.
London Metal Exchange (LME) copper tumbled to a three-year low of $5,433 per tonne on Monday. This was hardly surprising given the turmoil unfolding in the broader financial universe. "Doctor Copper" is the most financialised of the LME industrial metals.
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