FILE PHOTO: Federal Reserve Board building on Constitution Avenue is

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FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo

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EasyJet says it can ride out nine-month shutdown and slow recovery

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By Sarah Young LONDON (Reuters) – EasyJet <EZJ.L> can survive a nine-month shutdown thanks to its measures to contend with the coronavirus crisis and is planning for a slow recovery, the British airline said on Thursday. As airlines worldwide battle for survival after lockdowns and travel bans brought the sector to a virtual standstill, EasyJet […]
Business

Asian stocks pause for breath after Wall Street's record run

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SYDNEY (Reuters) – A gauge of Asian shares eased on Wednesday led by losses in Chinese and Hong Kong stocks, though it was still near a seven-month peak, driven by ever expanding policy stimulus aimed at cushioning the blow from the coronavirus pandemic. In an indication of positive start for Europe, futures for Eurostoxx 50 […]
World News

Covid 19 coronavirus: Sydney’s Northern Beaches cluster explodes to 17 cases

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A cluster in Sydney’s Northern Beaches has exploded to 17 cases, with residents north of the Spit Bridge to Palm Beach urged to stay at home. New South Wales Health has advised residents to work from home and remain at home as much as possible, to avoid visiting friends or relatives in the area and […]