Qatar Airways looks to make ‘substantial’ layoffs as coronavirus grounds industry
(ASSOCIATED PRESS) Long-haul carrier Qatar Airways said Wednesday that it will lay off staff as the coronavirus pandemic largely hasContinue Reading
Category: Business
Warren Buffett’s company Berkshire Hathaway sells US airline shares
Billionaire investor Warren Buffett says his company Berkshire Hathaway has sold all of its shares in the four largest USContinue Reading
Buffett’s Berkshire posts nearly $50 billion loss on coronavirus, operating profit rises
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Saturday posted a record net loss of nearly $50 billion as theContinue Reading
Bug leaves iPhones vulnerable to hackers stealing email contents; Apple downplays threat
A newly discovered bug in the built-in Mail app for iPhones could allow an attacker to read, modify and deleteContinue Reading
Historic day for oil markets as WTI crude crashes below zero for first time, settles at negative $37.63
Oil futures collapsed to below zero for the first time ever as the deepening economic turmoil caused by the coronavirusContinue Reading
Moody’s to review Sri Lanka’s credit rankings as downgrading looms
The Moody’s rating agency has cautioned that it would downgrade Sri Lanka’s rating if its external debt repayments come atContinue Reading
OPEC and allies finalize record oil production cut after days of discussion
KEY POINTS OPEC and its oil producing allies on Sunday finalized a historic agreement to cut production by 9.7 millionContinue Reading
Saudi state TV: OPEC deal includes 10M barrel a day cut
DUBAI, United Arab Emirates (AP) — A proposed reduction in oil production by OPEC and other oil-producing countries involves aContinue Reading
Emirates to resume limited passenger flights
Dubai (AFP) – Emirates Airline said Thursday it is to resume a limited number of outbound passenger flights from AprilContinue Reading
#Germany Approves $800 Billion Package to Counter Virus Impact
The German government has signed off on taking on billions in new debt as part of an unprecedented package totalingContinue Reading
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