LONDON (Reuters) – Willie Walsh will pass the controls of IAG to Luis Gallego at the British Airways and Iberia owner’s annual meeting on Tuesday, where shareholders will be asked to stump up billions of euros to help it through the coronavirus crisis. Former pilot Walsh delayed his departure from International Consolidated Airlines Group (ICAG.L), […]
By Stephen Kalin and David Lawder RIYADH/WASHINGTON (Reuters) – Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion into the global economy to limit job and income losses from the coronavirus and “do whatever it takes to overcome the pandemic.” Showing more unity than at any time since […]
By Lucia Mutikani WASHINGTON (Reuters) – A record 22 million Americans have sought unemployment benefits over the past month, with millions more filing claims last week, almost wiping out all the job gains since the Great Recession and underscoring the toll on the economy from extraordinary measures to control the novel coronavirus outbreak. The deepening […]
