BA in union talks to suspend around 32,000 staff: source
British Airways is in talks with its union about a plan to suspend around 32,000 staff so it can survive the coronavirus pandemic, a person familiar with the situation said.
Disney+ content to make exclusive Middle East debut on OSN
Walt Disney Co’s Disney+ content will be available for the first time in the Middle East and North Africa on regional pay television and online streaming service provider OSN from April 9.
Dollar firm overall, but oil price jump boosts commodity currencies
The dollar gave up some of its recent gains on Thursday after a 10% jump in oil prices boosted commodity-linked currencies, though uncertainties over the coronavirus pandemic kept the safe-haven greenback strong against other major currencies.
Oil rallies as Trump talks up truce hopes for Saudi-Russia price war
Crude oil futures jumped 10% on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war and Russian President Vladimir Putin called for a solution to “challenging” oil markets….
Pandemic fears curb stocks as markets wait on U.S. jobs test next
Asian share markets were pinned down on Thursday, haunted by the rising U.S. coronavirus death toll, and with investors braced for more signs of economic pain in the world’s largest economy, ahead of another likely record week of jobless claims.
SoftBank terminates $3 billion WeWork tender offer
SoftBank Group Corp said it has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders, including ousted co-founder Adam Neumann, drawing threats of legal action from other board members.
Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout -sources
Boeing Co is set to offer buyout and early retirement packages to employees, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the coronavirus pandemic.
Asian stocks slip as virus fears deepen ahead of U.S. jobs data
Asian share markets were pinned down on Thursday, haunted by the rising U.S. coronavirus death toll, and with investors braced for more signs of economic pain in the world’s largest economy ahead of another likely record week of jobless claims.
Delivery Hero takes steps to support struggling restaurants
Delivery Hero , one of the world’s top online food delivery marketplaces, announced measures on Thursday to support restaurants that are trying to survive coronavirus lockdowns by ramping up deliveries to consumers stuck at home.
Boeing to offer voluntary layoffs to employees amid coronavirus fallout: sources
Boeing Co is set to offer buyout and early retirement packages to employees, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the coronavirus pandemic.
