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Coronavirus: Virgin Atlantic will fold without aid, warns Branson

2020-04-20 13:53:41| BBC News | Business | UK Edition

Sir Richard Branson says he is not asking for a handout, but a commercial loan to save the airline.

Tags: aid virgin atlantic fold

 

IEA Warns Oil Market Falls Too Big to Offset with Output Cuts

2020-04-15 15:11:54| OGI

The IEA forecast a 9.3 MMbbl/d drop in demand for 2020 despite what it called a solid start by producers following a record deal to curb supply in response to the coronavirus pandemic.

Tags: big market oil output

 
 

Softbank fund warns of $16.7bn loss due to virus

2020-04-14 06:43:01| BBC News | Business | UK Edition

The world's biggest technology fund group expects its first loss in 15 years, blaming the coronavirus.

Tags: due loss fund virus

 

Coronavirus: Theatres need bailout to survive, warns writer James Graham

2020-04-13 14:11:35| BBC News | Business | UK Edition

Playwright James Graham warns "there will be no money left" if venues stay shut for several months.

Tags: james writer graham theatres

 

Smithfield shuts US pork plant indefinitely and warns of meat shortages

2020-04-13 12:13:00| ThePigSite - Industry News

Smithfield Foods, the world's biggest pork processor, said on Sunday (13 April) it will shut a US plant indefinitely due to a collection of coronavirus cases among employees and warned the country was moving "perilously close to the edge" in supplies for grocers.

Tags: plant meat pork warns

 

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