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Lufthansa to permanently retire selected A380, A340 and B747 aircraft

Based on this evaluation, the executive board has chose to implement further extensive measures to reduce the capacity of flight operations and administration l...

Nissan to Furlough 10K Workers

The automaker had suspended operations on March 23, and the factories would remain closed until May 1, 2020. Nissan spokeswoman Lloryn Love-Carter said the co...

Covid-19 Australia: The social distancing changes "are working"

The funding is created to support the sector and families who use the service. Australian Prime Minister Scott Morrison said on Thursday his country is slowin...

JobKeeper Payment Set To Get The Green Light Today

Including 1.1million casuals who have not been employed by one company for a year would have cost around an extra $5 billion over six months. Wage subsidies c...

WeWork sues SoftBank after withdrawal of $3bn deal

SoftBank in its statement last week said that WeWork failed to meet a number of those performance requirements, and said that it was within its rights under the...

Walmart Faces Lawsuit Over Worker's Death From Coronavirus Complications

The lawsuit filed in IL state court on Monday by the estate of Wando Evans says the Walmart store south of Chicago was not properly cleaned and employees were n...

Logan's Roadhouse fires all employees, closes all restaurants

RestaurantBusinessOnline , a website that covers the restaurant business, reported Logan's employees, now furloughed due to the coronavirus pandemic, have been...

France heading for worst recession since WW-II: Minister

That shows the magnitude of the economic shock we are facing", he told the Senate in a hearing by teleconference on Monday. In its adjusted budget, adopted in...

Stocks surge 7% on signs new virus deaths may be slowing

United States stocks experienced a massive rebound Monday at the start of the second week of the fiscal year's new quarter, with the Dow Jones Industrial Averag...

COVID-19: Japan PM to declare state of emergency on Tuesday

Tokyo's metropolitan government has strongly urged people to stay at home as the city of almost 14 million has seen an uptick in the number of cases in recent ...

Russian Federation and Saudi 'very close' to oil deal, Moscow signals big cuts

Now, with encouragement and mediation by the USA government, there is an attempt to return profits to the oil industry. Against this backdrop, analysts at San...

Tesla shows off ventilator prototype made from vehicle parts [Watch Video]

Tesla says there is still a lot of work to do, but the company has already delivered 1,000 traditional ventilators from Medtronics, with that work going on in p...

Crude oil prices fall as 'OPEC+' delays meet on output cut

Decades-low prices have already forced producers to cut output, analysts said. The worldwide oil benchmark, Brent crude, extended its gains last Friday, climb...

PM Says Easter Bunny Is an 'Essential Worker'

The coronavirus will not prevent the Tooth Fairy and Easter Bunny from visiting you with presents. "I say to the children of New Zealand, if the Easter Bunny ...

Japan set to declare month-long state of emergency over coronavirus pandemic

The Japanese government is preparing a stimulus package to soften the blow on an economy already struggling to avoid a recession. The declaration will allow t...

Walmart To Limit The Number Of Customers In A Store

Once inside the store customers will only be able to move one-way through aisles in some stores. "We are heartbroken to learn of the passing of two associate...

Applications For Canada Emergency Response Benefit Now Open

While the initial plan excluded some Canadians that needed the aid, Trudeau revealed that a new update will include people like gig workers, contractors and stu...

Koike says Tokyo has secured 1000 beds for virus patients

Japanese Prime Minister Shinzo Abe takes off mask as he speaks to reporters at the prime minister's official residence in Tokyo Monday, April 6, 2020. His a...

Airlines Ordered to Pay Refunds for Flights Canceled by Virus

The U.S. Transportation Department on Friday issued a notice to airlines reminding them they are obligated to refund tickets when they cancel a flight or make a...

Saudi-Russia War of Words Delays Oil-Truce Talks

But Rystad Energy's head of oil markets Bjornar Tonhaugen said even if the group agree to cut up to 15 million bpd, "it will only be enough to scratch the sur...

Debenhams to appoint administrators for second time in a year

The step comes nearly exactly 12 months after the chain last filed for administration in order to facilitate sweeping cost-cutting measures. Stefaan Vansteenk...

Dubai Imposes Two-Week Lockdown to Fight Coronavirus Outbreak

It has enforced extensive lockdown measures to curb the spread of the illness including an ongoing night-time curfew. People will be only allowed to leave their...

Oil slides as Saudi Arabia-Russia talks delayed

The United States has amassed 337,915 cases and 9,662 deaths. When asked at a White House press briefing Sunday under what conditions he would impose the levi...

Supermarkets boost measures for Easter

Cleaning products and baking goods have been flying off the shelves because after stocking up on toilet roll and gym gear, what else is there to do in isolation...

Global aviation network established to get Australians home

Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said these locations were chosen based on providing ...

United Kingdom vehicle sector slashes 2020 sales forecast by 23% due to coronavirus

The Society for Motor manufacturers and Traders is likely to report that the fall in sales was even greater than that seen during the financial crisis. Michael ...

Former Reds slam Liverpool over decision to furlough non-playing staff

Liverpool, whose owners are worth well over £2billion, have come under intense fire for using the grant scheme to pay their employees. "We can confirm, follow...

Apple builds 1 million face shields a week for medical workers

The Cupertino, California-based company is set to produce over a million face shields through its facilities per week. "We've launched a company-wide effort, br...

BC Ferries suspends service on some routes over COVID-19 pandemic

BC Ferries says further changes will be coming to the Tsawwassen - Southern Gulf Islands and Swartz Bay - Southern Gulf Islands service route. The Tsawwassen ...

Liverpool puts non-player staff into partial unemployment

The emergency fund will pay 80 per cent of the furloughed staff's wages, with Liverpool promising to pay the remaining 20 per cent to ensure no employees lose ...