Business

Low-cost Norwegian Air Shuttle files for bankruptcy protection

Fighting for survival, low-cost Norwegian Air Shuttle filed for bankruptcy protection in Ireland on Wednesday for two of its main subsidiaries in a bid to shield itself from creditors long enough to find a solution for a ...

Business

Sony first-half net profit doubles, forecast revised up

Sony on Wednesday said net profit doubled in the April-September period and revised up its full-year forecast, citing growth in key sectors including gaming, which has been boosted by coronavirus lockdowns worldwide.

Business

Microsoft rides cloud to higher earnings

Microsoft on Tuesday said its profit in the recently ended quarter continued to soar as the pandemic boosted a trend toward business being taken care of in the internet cloud.

Business

Airbus to keep A320 output at 40 per month

European aircraft giant Airbus said Friday it will maintain production of its workhorse A320 plane at 40 per month to mid-2021 when it expects the aviation industry to have recovered from the coronavirus pandemic.

Business

American Airlines reports $2.4 bln loss in Q3

American Airlines announced Thursday that its earnings plunged 73 percent in the third quarter amid the collapse in air travel during the coronavirus pandemic, causing a loss of $2.4 billion, which was not as bad as analysts ...

Automotive

Rolls-Royce launches new Ghost amid virus worries

Rolls-Royce launched its eagerly-awaited new "Ghost" model on Tuesday, even as the luxury carmaker's chief warned that coronavirus would impact the automotive market for several years.

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Pandemic

A pandemic (from Greek πᾶν pan "all" + δῆμος demos "people") is an epidemic of infectious disease that is spreading through human populations across a large region; for instance a continent, or even worldwide. A widespread endemic disease that is stable in terms of how many people are getting sick from it is not a pandemic. Further, flu pandemics exclude seasonal flu. Throughout history there have been a number of pandemics, such as smallpox and tuberculosis. More recent pandemics include the HIV pandemic and the 2009 flu pandemic.

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