Airlines are on course to lose a total $157 billion this year and next, their main global body warned on Tuesday, further downgrading its industry outlook in response to a second wave of coronavirus infections and shutdowns afflicting major markets.
Airlines are on course to lose a total $157 billion this year and next, their main global body warned on Tuesday, further downgrading its industry outlook in response to a second wave of coronavirus infections and shutdowns afflicting major markets.
- Delta Air Lines (DAL) and Southwest Airlines (LUV) on Thursday cautioned that the recent surge in COVID-19 cases may have a negative impact on travel over the winter holidays, a period the sector had hoped would see improved bookings.
Delta Air Lines (DAL) and Southwest
Airlines (LUV) on Thursday cautioned that the recent surge in COVID-19 cases may have a negative impact on travel over the winter holidays, a period the sector had hoped would see improved bookings.
Chemical company BASF SE (BFFAF) and engineering group Robert Bosch GmbH are setting up a joint venture to further develop digital technologies for the agricultural sector, the companies said Thursday. "Thanks to connecting agricultural machinery using high-tech sensors, intelligent software and digital products, we can make tomorrow's agriculture more efficient and at the same time more environmentally friendly," said Bosch's Andrew Allen, who is responsible for the company's...
Canada is ready to start talks with major airlines this week about financial assistance to the hard-hit sector that could come in the form of loans or other support, Transport Minister Marc Garneau said on Sunday.
Canada is ready to start talks with major airlines this week about financial assistance to the hard-hit sector that could come in the form of loans or other support, Transport Minister Marc Garneau said in a statement on Sunday.
Sri Lankan shares rose for a fourth straight session to end at their highest level since early January on Friday, helped by gains in industrial and financial stocks.
Italian gas group Snam (SNMRF) has signed an agreement with truck maker IVECO and power train manufacturer FPT Industrial to develop gas and hydrogen infrastructure in the transport sector at home and abroad.
Sri Lankan shares ended lower on Monday, ** The benchmark stock index ended down 0.23% at 5,713.58. ** Browns Investment and Commercial Bank of Ceylon were the top drags, ending the day 4.2% and 1.8% lower, respectively. ** Conglomerate ExpoLanka holdings and Nestle Lanka kept losses in check, adding 6.1% and 2.6%, respectively.
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