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United Airlines to record $90 million charge related to Hong Kong routes
(Reuters) – United Airlines Holdings Inc <UAL.O> said on Tuesday it expects a non-cash impairment charge of $90 million in the fourth quarter related to its Hong Kong routes, following anti-government protests in the city. The Hong Kong protests escalated in June over a now-withdrawn extradition bill, but have since developed into a broader movement. […]
Mideast, Central Asia countries ask IMF for coronavirus support
RIYADH/DUBAI (Reuters) – A dozen countries in the Middle East and Central Asia have asked the International Monetary Fund for financial support in dealing with the coronavirus, and the Kyrgyz Republic is likely to receive the first emergency disbursement, the fund said. Governments should spare no expense to help their health systems and strengthen social […]
‘Hero’ dad drowns while saving son after kayak overturns on lake
A dad-of-two has died in heroic fashion after successfully saving his four-year-old son when their kayak overturned. Peter Finch, 33, and his son, Jaxon, were kayaking off Gwandalan on Lake Macquarie in Australia when their boat tipped. The father managed to hold his son above the surface while treading water, before the pair were rescued […]