Business
Media redundancies, partial layoffs and managerial wage cuts are on the rise as advertising markets implode, despite customers showing an ever stronger appetite for information on the coronavirus crisis.
Aug 07, 2020
0
4
Business
Nintendo made a $1 billion net profit in the first quarter, it said Thursday, with gamers stuck at home during the coronavirus pandemic driving extraordinary demand for the industry.
Aug 06, 2020
0
12
Consumer & Gadgets
Samsung on Wednesday unveiled a second-generation folding smartphone along with other new gadgetry aiming to jump-start sales in a market hit hard by the global pandemic.
Aug 05, 2020
0
20
Business
Airbus announced Thursday net losses of 1.9 billion euros ($2.2 bn) in the first six months after aircraft delivery halved as a result of the coronavirus crisis.
Jul 30, 2020
0
4
Business
Emirates airline has cut a tenth of its workforce during the novel coronavirus pandemic in layoffs that could rise to 15 percent, or 9,000 jobs, its president said, according to a report on Saturday.
Jul 11, 2020
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11
Geneva's auto show was cancelled this year amid the coronavirus pandemic, and organisers said Monday they were also scrapping the 2021 edition as the auto sector reels from the crisis.
Jun 29, 2020
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6
Business
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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8
Business
Derided as a "caveman capitalist" by the unions and dubbed a "patriarch" by others, German billionaire Heinz Hermann Thiele, is also a force to be reckoned with at Lufthansa.
Jun 25, 2020
0
6
Business
Their fleets grounded for months owing to the coronavirus, airlines have sought with varying degrees of success state assistance to avoid going under altogether.
Jun 10, 2020
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5
Business
International airlines are in line to make a combined net loss of more than $84 billion this year in the wake of the coronavirus crisis which has decimated air travel, the International Air Transport Association said Tuesday.
Jun 09, 2020
0
6
