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Germany stamps authority on Lufthansa with $9.8 billion lifeline
FRANKFURT/BERLIN (Reuters) - Germany threw Lufthansa (LHAG.DE) a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile…
Malls are reopening — but will shoppers come back?
Malls across the country are beginning to open their doors after weeks of government-mandated shutdowns, but both operators and retail tenants are stepping into uncharted territory amid…
Japan to end Tokyo’s state of emergency, eyes fresh $930 billion stimulus
TOKYO (Reuters) - Japan will lift a state of emergency for Tokyo and remaining areas still facing restrictions on Monday, while the Nikkei reported a plan for new stimulus worth almost $1…
400 people to be laid off at Boeing in Winnipeg in coming weeks
Boeing will lay off around 400 employees in Winnipeg over the next few weeks because of the COVID-19 pandemic, a spokesperson for the aerospace company says. Employees at the company…
Lufthansa to resume flights to 20 destinations from mid-June
FILE PHOTO: Aircraft of the German carrier Lufthansa are parked on the tarmac, as the spread of the coronavirus disease (COVID-19) continues, at the airport in Frankfurt, Germany March…
‘I don’t know how I’m gonna go back to the office’: COVID-19 forces women to…
Before COVID-19, Rachel Dei-Amoah would typically be asleep by 10 PM. Now, she's often awake past midnight, reading or online window shopping. The hushed late-night hours are rare…
Jaguar seeks state loan as coronavirus pandemic takes toll: Sky News
Jaguar Land Rover unveils the new Jaguar F-Type model during its world premiere in Munich, Germany, December 2, 2019. REUTERS/Michaela Rehle(Reuters) - Jaguar Land Rover (TAMO.NS) is in…
Businesses adjusting to COVID-19 pandemic | Business Panel
Our weekend business panel discusses how retailers are struggling to adapt under the global pandemic. Plus, a look at the details of a bridge financing program for large…
Kuehne+Nagel owner sees about 20,000 job cuts: Die Welt
FILE PHOTO: The logo of Swiss logistics group Kuehne + Nagel is seen at its headquarters in Schindellegi, Switzerland October 17, 2018. REUTERS/Arnd WiegmannZURICH (Reuters) -…
Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic
The more-than-a-century-old car rental firm Hertz Global Holdings Inc. filed for bankruptcy protection on Friday after its business all but vanished during the coronavirus pandemic and…