Cathay Pacific cutting 90% of April flights due to virus

Hong Kong's Cathay Pacific Airways says it will cut its flight schedule by 90% in April after passenger traffic in February fell by more than half from a year ago amid travel curbs to fight the coronavirus.

Business

Renault risks 'junk' credit rating, S&P warns

French automaker Renault could see its main long-term credit rating cut to below investment grade by Standard and Poor's, the agency said Wednesday, just days after Moody's lowered its own rating to "junk" status.

Business

Britain strikes last-minute deal to keep Flybe flying

The UK government announced a last-minute rescue deal Tuesday for the troubled no-frills airline Flybe aimed at keeping Europe's largest regional carrier flying and preserving around 2,000 jobs.

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