United Airlines sees first-quarter revenue falling 66%

© Reuters. FILE PHOTO: United Airlines first new livery Boeing 737-800 sits at a gate O’Hare International Airport in Chicago (Reuters) -United Airlines said it expects first-quarter revenue to drop by 66%, which is near the lower end of its prior forecast, buoyed by improving demand for domestic travel. The company said it now expects […]

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As the ECB ponders purchases, bond angels aren’t falling

© Reuters. FILE PHOTO: Outbreak of the coronavirus disease (COVID-19) in Frankfurt By Francesco Canepa FRANKFURT (Reuters) – An expected wave of credit rating cuts for companies as a result of the coronavirus crisis has yet to materialise, data shows, meaning speculation that the European Central Bank will buy bonds of “fallen angels” downgraded to […]

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U.S.-China trade deal not falling apart: White House adviser

2/2 © Reuters. FILE PHOTO: Chinese and U.S. flags flutter near The Bund in Shanghai 2/2 By Steve Holland WASHINGTON (Reuters) – The U.S.-China “Phase 1” trade deal reached in January is not falling apart and the two countries are still working to implement it, the White House’s top economic adviser said on Friday, but […]

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