KLM gets 3.4 bn euro Dutch bailout
The Dutch government on Friday approved a 3.4-billion-euro ($3.8-billion) bailout to prop up KLM through the coronavirus pandemic.
Jun 26, 2020
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Air France to cut 40% of domestic flights after bailout
Air France-KLM will slash 40 percent of its French domestic flights by next year in exchange for receiving seven billion euros ($7.7 billion) in emergency coronavirus funding backed by the French state, the company's chief ...
May 27, 2020
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Air France makes masks compulsory for passengers
French flag-carrier Air France on Monday announced that masks would be compulsory on its flights from next week as France emerges from its lockdown to combat the coronavirus outbreak.
May 04, 2020
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Business
India offers ailing telecom firms two-year moratorium on payments
India has granted the country's beleaguered telecom giants a moratorium on spectrum payments until the end of March 2022, offering much-needed respite after the Supreme Court slapped a massive $13-billion bill on the companies.
Nov 21, 2019
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France will block development of Facebook Libra cryptocurrency
France warned Thursday it will block development of Facebook's planned Libra cryptocurrency in Europe because it threatens the "monetary sovereignty" of governments.
Sep 12, 2019
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