Author: Reuters

IAG-owned British Airways is expected to announce a suspension of about 36,000 of its employees, BBC News reported on...

Germany is in talks to provide Lufthansa with billions of euros in state aid and could take a stake in the airline, which has grounded more than 90% of its fleet due to the coronavirus pandemic, people close to the matter...

Southwest Airlines Co said on Thursday it intends to file an application with the U.S. Treasury department for aid related to the disruption caused by the coronavirus...

The dollar firmed on Thursday but paused its strong rally of recent weeks after the Federal Reserve helped U.S. currency liquidity in financial markets by making it easier for other central banks to access the...

Sweden’s H&M said on Thursday it was in talks with tens of thousands of its staff about shortening working hours with the firm among many retailers hit by the coronavirus pandemic and fewer customers in many...