Business

Lufthansa to cut more jobs as virus pummels travel

Lufthansa said Monday it will slash more jobs on top of 22,000 previously announced cuts and put more planes out of service as the coronavirus continues to crush travel demand.

Business

Trump touts 'fantastic' TikTok deal with Walmart and Oracle

Popular video app TikTok announced Saturday it has proposed an agreement with Oracle as its US technology provider and Walmart as a commercial partner, a potential deal US President Donald Trump touted as "fantastic."

Business

Singapore Airlines to shed 4,300 jobs due to virus

Singapore Airlines said Thursday it was cutting about 4,300 jobs—around 20 percent of its workforce—due to the coronavirus, and warned any recovery would be "long and fraught with uncertainty".

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