[ad_1] LONDON (Reuters) – British Airways plans to cut more than a quarter of its jobs in response to the coronavirus crisis, parent company IAG (ICAG.L) said on Tuesday, forecasting that passenger numbers will take
[ad_1] TORONTO (Reuters) – The next governor of the Bank of Canada has room to make an immediate impact on monetary policy, economists say, as the central bank’s response to the coronavirus crisis likely shifts
[ad_1] BRUSSELS (Reuters) – Europe’s biggest copper smelter Aurubis is set to win EU antitrust approval for its planned 380-million-euro ($412 million) acquisition of Belgian-Spanish metal recycling group Metallo, people familiar with the matter said
[ad_1] (Reuters) – Gold prices fell for a third straight session on Tuesday as optimism about the easing of coronavirus-related restrictions drove investors towards riskier assets, though global recession fears limited bullion’s losses. FILE PHOTO:
[ad_1] BERLIN (Reuters) – Lufthansa might seek some form of protection from creditors while talking to the Berlin government about a 9 billion euro ($9.76 billion) rescue package, a company source said on Tuesday after
[ad_1] CAIRO/DUBAI/LONDON (Reuters) – Egypt’s pound has been a rare riser among emerging market currencies beaten down by the coronavirus fallout but pressure is growing on it to weaken. FILE PHOTO: A man withdraws money
[ad_1] (Reuters) – Southwest Airlines Co on Tuesday posted a $94 million quarterly net loss, its first in nine years, and warned of drastic revenue drops ahead as it sought to raise another $2.6 billion
[ad_1] MUMBAI (Reuters) – India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to steer the country through the coronavirus crisis, rating agency Fitch said on Tuesday.
[ad_1] ZURICH (Reuters) – The world’s largest wealth manager, UBS, reported a 40% rise in quarterly profit on Tuesday, with its core business enjoying its best three months since 2008, thanks to a restructure and
[ad_1] LONDON (Reuters) – Oil prices plunged for a second day in a row on Tuesday on concerns about dwindling global capacity to store more crude and fears that demand may be slow to recover
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