Business

UAE airlines resume limited passenger flights

UAE carriers Emirates Airline and Etihad Airways have resumed limited passenger flights two weeks after authorities grounded airlines as part of wider shutdowns to combat coronavirus.

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.

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