WASHINGTON (Reuters) – Fifteen U.S. airlines were granted final government approval on Wednesday to temporarily halt service to 75 domestic airports as travel demand has been crushed due to the coronavirus pandemic. The U.S. Transportation Department said all airports would…
Read MoreMexico reports record toll of coronavirus deaths, new infections
MEXICO CITY (Reuters) – Mexican health authorities reported 1,092 novel coronavirus deaths on Wednesday, the country’s highest toll in one day so far, with total infections surging past 100,000 as the Latin American country emerges as a major center of…
Read MoreSenate passes bill lengthening coronavirus small-business loan terms
WASHINGTON (Reuters) – The U.S. Senate unanimously approved legislation on Wednesday giving small businesses up to 24 weeks to use Paycheck Protection Program loans created during the coronavirus pandemic, up from the current eight-week deadline. The legislation, already passed by…
Read MoreVirus-hit U.S. state revenue could start slow recovery in third quarter: analysts
CHICAGO (Reuters) – U.S. state tax revenue, which plunged due to the economic fallout from the coronavirus pandemic, could start to slowly recover this summer as long as the outbreak does not undergo a resurgence, analysts said. With no agreement…
Read MorePutin snub: Russia’s leader refuses Boris’s vaccine summit invitation
We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. The news comes a day after Tory MP Tobias Ellwood pointed out China was similarly not involved…
Read MoreBritain sets out review criteria for travel quarantine plans
LONDON (Reuters) – Britain will review its quarantine procedures based on the economic impact they are having and actions being taken by other countries as ministers try to limit the risk of importing new coronavirus cases, the government said in…
Read MoreBig in China and tiny in the U.S., Fast Retailing seen weathering pandemic
TOKYO/BEIJING (Reuters) – The coronavirus pandemic is shredding the global apparel industry, stripping hundreds of billions of dollars from sales and thrusting big names like J.Crew into bankruptcy protection. While no major fashion firms have been spared, Japan’s Fast Retailing…
Read MoreLyft says May rides jump 26% from prior month
(Reuters) – Ride-hailing firm Lyft Inc (LYFT.O) said on Tuesday that rides on its platform rose 26% in May from the previous month, with strong growth from cities where coronavirus-induced restrictions have been eased. Shares of the company rose 3.2%…
Read MoreCaffeine calling: London phone boxes serve up coffee after lockdown
LONDON (Reuters) – Two of London’s famous red telephone boxes have been reborn as a coffee stall, and the owners say the lack of inside space that was a drawback when they opened a week before lockdown could now be…
Read MoreCOVID cases rising in Russia, Eastern Europe, waning in Western Europe: WHO
GENEVA (Reuters) – New cases of COVID-19 reported daily are steadily declining in Western Europe, but not in hotspots in Russia and Eastern Europe, the World Health Organization (WHO) said on Tuesday. Spokeswoman Margaret Harris told a briefing: “At the…
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