BEIJING (Reuters) – China’s aviation regulator will support restructuring or mergers to help airlines cope with the coronavirus outbreak, it said on Wednesday, noting that the epidemic has hurt the bottom lines of many carriers. The epidemic, which originated in the transportation hub city of Wuhan and quickly spread to the rest of China, has […]
DOHA (Reuters) – Qatar Airways is in talks to acquire a 49% stake in RwandAir, its chief executive said on Wednesday. It will take time to negotiate the purchase, Akbar Al Baker said, speaking at an aviation event in Doha on Wednesday. (Reporting by Alexander Cornwell, writing by Nafisa Eltahir, editing by Louise Heavens)
NEW YORK (Reuters) – An interruption to a searing rally gave a jolt to equity investors who had been getting used to weeks of steadily rising U.S. stocks. But long term, even with the rocketing valuations that equities have commanded and the risk of another fall, investors say stocks would still be a winning bet. […]
