Thursday, May 28, 2020
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New turbulence in $9.9 bn 
Lufthansa rescue drama

AFP Frankfurt am Main Coronavirus-stricken airline group Lufthansa wavered on Wednesday on grabbing a nine-billion-euro ($9.9 billion) German state lifeline, throwing up new turbulence for a rescue that could decide the fate of ..

French economy
making ‘cautious’ 
lockdown recovery

AFP Paris Economic activity in France is making a clear if cautious recovery after lockdown measures were relaxed earlier this month but the country is still heading for a roughly 20 percent contraction this quarter, the national ..

Stay home, stay productive and creative with Huawei Y8s

Tribune news network Doha With social distancing in place and most of us working from home, you will need a friendly and active companion that will ignite your creative streak and assist you in getting work done. Say hello to the Huawei ..

AFP Hong Kong Asian equities mostly fell Wednesday as profit-taking and worries about deteriorating China-US relations outweighed optimism over the gradual reopening of economies around the world. Hong Kong fell as investors ..

AFP Brussels European Union chief Ursula von der Leyen on Wednesday proposed a 750-billion-euro post-virus recovery fund for Europe and urged sceptical member states to back it. The global coronavirus outbreak has already thrust ..

dpa Geneva A sixth of the world’s young labour force has stopped working since the start of the coronavirus pandemic, the International Labour Organization (ILO) said on Wednesday in a report which warned of long-term ..

AFP Paris Air France-KLM will slash 40 percent of its French domestic flights by next year in exchange for receiving seven billion euros ($7.7 billion) in emergency coronavirus funding backed by the French state, the company’s ..

AFP Paris Struggling automakers Renault, Nissan and Mitsubishi unveiled on Wednesday a plan to deepen their alliance, a top global producer of cars, that only months ago seemed on the verge of breakup. The announcement comes as the ..

AFP Tokyo Japan announced fresh stimulus plans worth nearly $300 billion on Wednesday to pep up the economy after the coronavirus pandemic tipped the country into recession. Consumer spending has slowed to a crawl despite Japan’s ..