Virgin Atlantic spat: How rival warned Richard Branson’s airline ‘will disappear!’
Sir Richard hit back at British Airways boss Willie Walsh after the demise of a Virgin Atlantic UK carrier, and advised his rival to put on a pair of his … Read More
Category: Business
COVID-19 Deaths Top 70,000 In US
Coronavirus-related deaths in the United States surpassed 70,000 with 1.2 million confirmed cases of infection. As daily death toll moving around 1000 in recent days, President Donald Trump said it’s … Read More
Backlash from China after NBA manager's Hong Kong tweet
Hong Kong (CNN Business)The NBA has a new chief in China, but he faces a tough road ahead as the league continues to deal with fallout from an ugly political … Read More
Ghost of 1992 Italy Devaluation Returns to Haunt Euro Unity Aims
On the September night in 1992 when George Soros famously broke the Bank of England, it wasn’t just the British pound that crashed. The Italian lira cratered too, the last … Read More
Vue outlines physical distancing plans to help reopen cinemas
Cinema chain Vue will physically isolate family groups and stagger film times as part of social distancing measures to allow it to reopen across the UK in July. Vue, one … Read More
California Reopening Slowly
After more than six weeks of ordering Californians to stay at home, Governor Gavin Newsom announced that the state is partially reopening for business. “Based off our progress, we’ll begin … Read More
Shopping centres owner Landsec cuts value of portfolio by £1.2bn
Landsec, one of Britain’s biggest property companies, has warnedthe economy is unlikely to recover from the impact of the Covid-19 pandemic until 2022 at the earliest, as it cut the … Read More
Boeing CEO Says a U.S. Airline Will ‘Most Likely’ Fold This Year
Boeing Co.’s top executive sees a rocky road ahead for U.S. airlines, saying it’s probable that a major carrier will go out of business as the Covid-19 pandemic keeps passengers … Read More
Richard Branson outrage: How Virgin founder slashed investment in post-Brexit Britain
Sir Richard was a staunch supporter of Remain before the 2016 referendum, and warned during withdrawal negotiations with the EU that his interest in Britain would dwindle outside the bloc. … Read More
Scarred and Scared, the Reshaping of American Consumer Begins
Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. David Wright, 62, stood … Read More
Fed’s Kashkari Says Worst Is Yet to Come, Congress Must Step Up
Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Americans should brace for … Read More
Unemployment due to Covid-19 is surely worth more than a footnote
The number of jobless people in the US rose by more than 20 million in April, something deemed worthy of a mention in the “and in other news” slot on … Read More