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World 09 Sep 2020 | 1:16 AM

COVID-19 crisis causes record losses for restaurants, hotels in Germany

BERLIN, Sept. 8 (Xinhua) -- Restaurants and hotels in Germany recorded sales losses of 17.6 billion euros (20.8 billion U.S. dollars) between March and June, the German Hotel and Restaurant Association (DEHOGA) announced on Tuesday.

World 02 Sep 2020 | 3:39 AM

Italy's Alitalia posts record losses in first half of 2020

ROME, Sept. 1 (Xinhua) -- Italy's flag carrier Alitalia suffered record losses in the first half of this year amid coronavirus travel restrictions and the global economic slowdown. However, the troubled company still outperformed many of its European rivals.