Business

American and 4 other airlines reach loan agreements with US

American Airlines and four smaller carriers have reached agreement with the government for billions more in federal loans, a sign of the industry's desperate fight to survive a downturn in air travel caused by the virus pandemic.

Business

Airbus seeks aid to minimise job cuts as workers fret

European aircraft builder Airbus dangled a lifeline Thursday for some employees menaced by 15,000 layoffs planned worldwide over the coronavirus, saying government aid could rescue thousands of factory workers fearing for ...

Business

Global NGOs rap Google's Fitbit buyout

An international group of consumer advocates and NGOs denounced Google's bid for sports smartwatch-maker Fitbit Thursday, saying it would threaten privacy and grant Google unfair access to a new market.

Business

China tech giant Tencent duped by saucy scammers

Chinese tech giant Tencent has been fooled by impostors posing as representatives of the country's most famous chilli sauce brand, police said, in a saga that nearly pitched the two famous brands against each other in court.

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