British Airways owner IAG taps UK funds to survive slump
British Airways parent IAG SA tapped U.K. government-backed loans to boost liquidity, in a sign of the damage being wrought by the Covid-19 pandemic on…
Airline bailouts need green strings attached, Carney says
Governments must take advantage of a $3 trillion green investment opportunity to recover from the coronavirus shock, former Bank of England Governor Mark Carney said.
The pandemic is disrupting the illegal drug trade
The novel-coronavirus pandemic is disrupting the illicit drug trade through increased border controls, reduced air traffic and supply shortages, though the outbreak’s economic fallout may…
US, China trade chiefs to speak as Trump threatens deal
Top Chinese and U.S. trade negotiators will speak as soon as next week on progress in implementing a phase-one deal after President Donald Trump threatened…
There’s no escape from the virus in a cockpit at 30,000 feet
They must sit close to coworkers for hours on end. Social distancing from strangers -- their customers -- is nearly impossible. After work they head…
India looks to lure more than 1,000 US companies out of China
India is seeking to lure U.S. businesses, including medical devices giant Abbott Laboratories, to relocate from China as President Donald Trump’s administration steps up efforts…
Ethiopian Airways expands cargo fleet to navigate Covid-19
Ethiopian Airlines Group has almost doubled its cargo capacity and deferred two months of plane-lease payments to help navigate the aviation crisis caused by the…
Free trade to help Africa rebuild after virus, even if delayed
The first commerce under an Africa-wide free-trade pact will provide new stimulus to countries on the continent to overcome the economic damage of the coronavirus,…
Australia’s trade surplus swells to record as export prices soar
Australia’s trade windfall increased to a new high as prices and volumes of commodities like iron ore surged, boosting the economy as it headed into…
Boeing supplier restarts work on 737 Max in step to jet’s comeback
Boeing Co. has asked its largest 737 Max supplier, Spirit AeroSystems Holdings Inc., to resume work, a critical step toward restarting production of the beleaguered…
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