EasyJet says it can survive lengthy grounding during coronavirus crisis
British airline EasyJet can survive a lengthy grounding of its fleet during the coronavirus pandemic thanks to measures taken to shore up its finances, the low-cost carrier said on Thursday.
No clear restart date for Amazon warehouses in France: CEO
Amazon has no visibility yet on when its six warehouses in France might reopen, after a French court ordered it to limit its activities while it reinforces safety protocols during the coronavirus outbreak, its head of France said on Thursday.
Apple’s new budget iPhone unlikely to make splash in China where 5G now commonplace
Apple Inc’s new iPhone SE for the budget-conscious is unlikely to be a major driver of sales in China, with analysts noting it lacks the 5G capability that most new Chinese smartphones in a similar price range offer.
EasyJet says it can survive a lengthy fleet grounding
British low cost airline easyJet said it would be able to survive a lengthy fleet grounding during the coronavirus pandemic due to the steps it had taken to shore up its finances.
EasyJet CEO sees flying restarting with empty middle seats
The chief executive of easyJet said when flying restarts after the coronavirus crisis recedes planes are likely to operate with the middle seat empty due to social distancing regulations.
Stocks slide and dollar rally runs as economic realities bite
Asia’s stock markets retreated from their highest levels for a month and the dollar extended gains on Thursday as the damage the coronavirus has wrought on the world economy soured appetite for risk.
Lazard boosts restructuring team as coronavirus-hit firms run into trouble
Lazard Ltd has bolstered its senior restructuring team as it seeks to win business from companies struggling to stay afloat in the midst of the economic turbulence caused by the global coronavirus pandemic.
Oil edges higher after hitting 18-year lows but demand outlook weighs
Oil edged higher on Thursday following sharp losses in the previous session on hopes that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand.
Man GLG hires Asia equities head from rival BlackRock
Man GLG, the discretionary investment arm of asset manager Man Group , has hired Andrew Swan from rival BlackRock to lead its Asia ex-Japan equities business, it said on Thursday.
U.S. weekly jobless claims seen underscoring deepening economic slump
Millions more Americans likely sought unemployment benefits last week, lifting total filings for claims over the past month above an astounding 20 million, which would underscore the deepening economic slump caused by the novel coronavirus outbreak.
