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TOKYO: One notable industry yet to join the Asian equity rebound is airlines, hit especially hard by global restrictions on travel and tourism from the coronavirus pandemic
UNITED NATIONS: The WHO suspended trials of the drug that Donald Trump has promoted as a Covid-19 (coronavirus) defence, fuelling concerns about the US president's handling of the pandemic that has killed nearly 100,000 Americans.
FRANKFURT/BERLIN: Germany threw Lufthansa a 9 billion euro (US$9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline
FRANKFURT: Deutsche Lufthansa AG said it’s close to a multi-billion euro bailout deal that would see the state become its biggest shareholder after the coronavirus punctured a decades-long boom in air travel.
FRANKFURT: Deutsche Lufthansa AG’s management said the need for a multi-billion-euro coronavirus bailout was becoming “urgent”, as talks with the government in Berlin drag on.
HELSINKI AFP): Finland's national airline will restart routes between Europe and Asia in July once countries begin to lift coronavirus restrictions on travel, the company announced on Monday (May 18).
BRUSSELS: As the European Union lurches toward one of the worst slumps since the South Sea Bubble burst in 1720, EU regulators have adapted their playbook from more recent history to help salvage companies from the ravages of Covid-19.
BRUSSELS (Reuters) - The European Union's top climate official encouraged governments on Monday to attach green conditions to public support for coronavirus-hit companies, after the bloc's executive opted not to do so at the EU level.
Mobile phone applications that trace the new coronavirus could help decide whether business travelers and vacation-goers get to meet clients or visit their favourite beaches this summer. But politics and disagreement over what system to use threatens to thwart that solution.