Boeing worker at Everett plant dies from coronavirus: Seattle Times
A worker at Boeing Co’s Everett factory outside Seattle who had the coronavirus has died, the Seattle Times reported on Sunday, citing co-workers, a union official and a Facebook post by the man’s brother.
Domestic travel, airline hubs the latest hit as coronavirus restrictions tighten
Airlines cancelled more flights on Monday as Australia and New Zealand advised against non-essential domestic travel, the United Arab Emirates (UAE) halted flights for two weeks and Singapore and Taiwan banned foreign transit passengers.
Airbus says plants to reopen at slower production rate
Airbus confirmed on Sunday it would resume only partial aircraft production when its French and Spanish factories reopen on Monday after a four-down shutdown to tackle health concerns over the coronavirus.
Occidental nears deal with activist Icahn on proxy battle: source
U.S. oil and gas producer Occidental Petroleum Corp is nearing an agreement with activist investor Carl Icahn to halt a proxy battle in return for board seats, according to a person familiar with the matter.
Wall Street stares down another bleak week, with coronavirus risks amplified
Wall Street analysts and investment managers expect another rough week for U.S. markets due to coronavirus fears, with a wild open for futures on Sunday evening as lawmakers battled over an economic aid package in Washington.
WeWork board’s special committee prepares for fight against SoftBank
The special committee of WeWork’s board is preparing for a fight against Japan’s SoftBank Group Corp saying that SoftBank should complete its tender offer promised to the office sharing company’s employees and shareholders.
Embraer puts Brazil-based workers on furlough to protect them from coronavirus
Brazilian planemaker Embraer is putting all its Brazil-based employees who cannot work remotely on paid leave until March 31, the company said on Sunday, adding that only “a few essential operations” will be maintained.
McDonald’s to temporarily close all UK, Ireland restaurants amid coronavirus outbreak
McDonald’s Corp said on Sunday it would temporarily close all its restaurants in the UK and Ireland by Monday evening because of the coronavirus outbreak.
Virgin companies to invest $250 million to save jobs after virus outbreak: Branson
British entrepreneur Richard Branson said on Sunday companies in his Virgin empire will be investing $250 million in coming weeks and months to save jobs from the impact of the coronavirus outbreak.
Coronavirus supplies donated by Alibaba’s Ma arrive in Africa
A first planeload of protective and medical equipment donated to Africa by Chinese billionaire and Alibaba co-founder Jack Ma to help it fight the coronavirus arrived in the Ethiopian capital Addis Ababa on Sunday.
