Lufthansa running out of bailout road as Germany sets out terms
Germany’s government has set out a unified position on a bailout for Deutsche Lufthansa AG, with the airline group expected to accept a significant government…
Air-Cargo crunch paves market for 6,000-mile trucking route
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Comair warns on finances with South African flights months away
Comair Ltd. warned investors that the grounding of South African air travel has put its finances in a precarious position, with the carrier preparing for…
China denies Trump’s claim It’s trying to make him lose election
China rejected U.S. President Donald Trump’s claim that Beijing was trying to damage his re-election chances with its handling of the coronavirus outbreak, as rhetoric…
Japan Airlines posts loss, pulls dividend as virus hits travel
Japan Airlines Co. posted its first quarterly operating loss in at least eight years and suspended its annual dividend as the coronavirus outbreak hits the…
China factory data show global slump weaken nascent recovery
China’s first official data for April suggest the economy has split into two tracks, with a domestic rebound undercut by weak overseas demand.
Trucks are filling a 6,000 mile Beijing-to-Berlin supply gap
The race to revive trade between Asia’s largest economy and manufacturers in Europe has created a 6,000-mile shipping route involving hundreds of trucks.
Indonesians urged to curb sweet tooth amid sugar shortages
Sugar mills in Indonesia called on consumers to reduce consumption after shortages pushed retail prices to the highest in almost four years.
Virgin Australia draws 20 suitors in race for sale by June
Virgin Australia Holdings Ltd. attracted at least 20 potential buyers as administrators race to sell the airline within two months.
Renewables are the only winners in historic decline in energy demand
The coronavirus lockdown will cause the biggest drop in energy demand in history, with only renewables managing to increase output through the crisis.
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