Covid-19 Crisis

Boeing faces rocky path to gaining approval for 737 MAX return in China

Trade power tensions, regulatory hurdles and attempts by the West to counter Chinese competition are delaying a return of the…

4 years ago

Europe’s Wizz Air expects to fully recover from pandemic next year

European budget carrier Wizz Air (WIZZ.L) expects to fully recover from the coronavirus crisis as travel demand rebounds from the…

4 years ago

Bank of Canada to break sequence of lower terminal rates as governments splurge

With fiscal spending booming and households flush with cash, investors are betting that the Bank of Canada's next tightening cycle,…

4 years ago

The great exit: central banks line up to dial back emergency stimulus

The U.S. Federal Reserve is projecting a faster timetable for interest rate rises and Norway's central bank is preparing markets…

4 years ago

Pandemic drags Emirates to $5.5 bln loss, its first in 33 years

Emirates said Dubai's government would continue to support the airline through the coronavirus pandemic after posting an annual loss of…

4 years ago

Bitcoin law is only latest head-turner by El Salvador’s ‘millennial’ president

The young president of small Central American nation El Salvador leapt to worldwide fame this week after his country became…

4 years ago

Analysis: Push to end pandemic benefits may not be panacea for U.S. labor shortage

The 25 U.S. states calling an early halt to pandemic-related federal unemployment benefits have recovered more of the jobs lost…

4 years ago

G7 eyes allocating $100 bln from IMF funds to COVID-ravaged nations-US

The United States and other Group of Seven nations are considering reallocating $100 billion from the International Monetary Fund's warchest…

4 years ago

Airbus, Air France want EU green funds used for jet incentives – documents

Airbus (AIR.PA) and Air France-KLM (AIRF.PA) have urged policymakers to use EU-backed green stimulus funds to support aircraft sales, according…

4 years ago

Cathay Pacific given extension to draw down $1 bln govt loan

Cathay Pacific Airways Ltd (0293.HK) said on Tuesday that the Hong Kong government had agreed to extend the drawdown period…

4 years ago