Europe Starts Stumping Up Billions for Cash-Strapped Airlines
Government bailouts for the European airline industry are taking shape after France and the Netherlands pledged as much as 11 billion euros ($11.9 billion) to…
U.S. Could Be Weeks From Meat Shortages With Shutdowns Spreading
Plant shutdowns are leaving the U.S. dangerously close to meat shortages as coronavirus outbreaks spread to suppliers across the nation and the Americas.
Battered and Bruised, Supply Chains Shift to Recover-and-Survive Mode
After the initial shock, companies are adapting to a global economy now beset with weak demand and widespread uncertainty.
Factories Fire Up in Europe to Pull Economy Back From the Abyss
Volkswagen AG is rebooting plants, Airbus SE is up and running and U.K. builders will soon be erecting homes again as Europe starts returning to…
Richard Branson Seeking Buyer for Virgin Atlantic: Telegraph
Richard Branson is seeking a buyer for Virgin Atlantic Airways Ltd. as he struggles to secure a 500 million pound ($618 million) government bailout, the…
Pivotal Lufthansa Bailout Snared in Government Tangle
Deutsche Lufthansa AG spent the last two decades forging a business empire that stretched across the wealthiest countries of continental Europe. Forced into retreat by…
A Fight Against Amazon Becomes a State Matter in Quebec
The coronavirus crisis is giving Quebec’s nationalist government an excuse to attempt what may be impossible.
Air France-KLM to Get State Rescue of as Much as $12 Billion
Air France-KLM became the latest carrier to get a state-backed bailout, with the French and Dutch government shareholders pledging as much as 11 billion euros…
Negative Oil Has Hamm’s Continental Invoking ‘Act of God’ Clause
Shale explorer Continental Resources Inc. told at least one refiner it couldn’t make an oil delivery after the global pandemic sent prices plunging, a move…
Ryanair Chief Rules Out Boeing Max Arrival Until Next Summer
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said he won’t take delivery of Boeing Co.’s 737 Max jetliner until summer 2021 as air travel…
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