British Airways is set to cut up to 12,000 jobs from its 42,000-strong workforce due to…
Category: News
The Fed’s four radical moves to save the economy
As policymakers from America’s central bank prepare to meet – virtually – this week, they will…
Asia stocks little changed as oil prices continue to fall; HSBC earnings widely miss expectations
Stocks in Asia were little changed in Tuesday afternoon trade as oil prices continued to slip…
Oil drops 11%, extending Monday’s 25% decline
Oil prices slid 11% during overnight trading, extending Monday’s nearly 25% decline on ongoing fears that…
Air France-KLM secures billions in government aid
Air France-KLM has secured at least €9bn (£7.9bn; $9.7bn) in government aid, as the Franco-Dutch airline…
Airbus boss warns company is ‘bleeding cash’
The chief executive of Airbus has reportedly issued a stark assessment of the impact of the…
McDonald’s and Starbucks are reportedly part of China’s digital currency trial
McDonald’s and Starbucks are among a handful of companies taking part in a new pilot program for China’s upcoming digital…
Boohoo lockdown sales boom thanks to tops and joggers
Online fashion retailer Boohoo says it has found a new way of thriving in the coronavirus…
UK inflation hits 1.5% as lockdown begins to bite
The UK’s inflation rate fell to 1.5% in March, largely driven by falls in the price…
Lenders kick-start mortgage deals
Some big lenders have begun reopening their doors to British borrowers, making it easier to get…
Primark sells nothing as retailers admit struggles
Clothing giant Primark has gone from making £650m in sales a month to nothing as the…
Facebook’s $5.7bn bet on India’s richest man Mukesh Ambani
Facebook has said it is investing $5.7bn (£4.6bn) in cut-price Indian mobile internet company Reliance Jio,…