Coronavirus concerns overshadow Olympic flame arrival in Japan
An Olympic cauldron was ignited in Japan on Friday with a flame carried from Greece, with officials again pledging the Tokyo 2020 Games will proceed despite mounting pressure to halt the world’s biggest sporting event due to the coronavirus pandemic.
Latest on the spread of coronavirus around the world
The world’s richest nations poured unprecedented aid into the global economy as coronavirus cases ballooned in the new epicentre Europe, with the number of deaths in Italy outstripping those in mainland China, where the virus originated.
Air Canada to lay off over 5,100 employees due to virus outbreak: union
Air Canada will temporarily lay off more than 5,100 employees as it attempts to check the impact of the coronavirus pandemic, the union representing the Canadian airline’s flight attendants said on Friday.
‘Strings attached’: Governments offer financial lifelines to airlines, at a price
Shattered airlines were left counting the cost of government support as countries from the United States to New Zealand set out conditions for bailouts needed to absorb the shock of the coronavirus pandemic.
Air Canada to lay off more than 5,100 employees amid coronavirus outbreak: CBC News
Air Canada is set to lay off more than 5,100 members of its cabin crews because of a decline in flights following the coronavirus outbreak, CBC News reported https://www.cbc.ca/news/canada/british-columbia/more-than-5-100-air-canada-flight-attendants-…
Oil extends gains after Trump hints at intervening in Saudi-Russia price war
U.S. crude oil prices rose over $1 on Friday, extending steep gains from the previous session, after U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia at an “appropriate time”.
Apple limits online iPhone purchases to two per person amid coronavirus
Apple Inc is limiting customer purchases of iPhones over its online stores in many countries including the United States and China to a maximum of two handsets per person, checks on its website on Friday revealed.
Asia shares bounce after rout, rush for dollars causing stress
Asian shares staged a rare rally on Friday as Wall Street eked out gains, bonds rallied and oil boasted its biggest bounce on record, though the panicked rush into U.S. dollars suggested the crisis was far from done.
U.S. crude climbs after White House comments on Saudi-Russia dispute
U.S crude oil prices edged higher on Friday, extending gains after a 24% jump the previous day, buoyed by hints from U.S. President Donald Trump he may intervene in the price war between Saudi Arabia and Russia at an “appropriate time.”
Walmart to hire 150,000 workers as shoppers surge on coronavirus fears
Big-box retailer Walmart Inc said on Thursday it would hire more than 150,000 hourly workers in the United States, citing a jump in shoppers due to the coronavirus pandemic.