22/04/2020

Business

JAL cuts profit forecast more than 40% as virus bites

Japan Airlines on Wednesday slashed its forecast for annual net profits by 43 percent because of the coronavirus, making it the latest carrier to fly into virus-related turbulence as global tourism plummets.

Business

Europe races to shield virus-hit firms from bargain hunters

Fears that cash-rich corporate raiders could use the coronavirus crisis to swoop on weakened European firms were perhaps best exemplified by Donald Trump's alleged bid for a German biotech firm working on a vaccine.

Business

Virus-hit news industry needs tech giant aid: UK union

The main union representing journalists in Britain is calling on the government to triple a tax on global tech giants to support the industry, as it faces fresh shocks from the coronavirus outbreak.

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