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FILE PHOTO: Logo of Airbus is pictured at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau PARIS/TOULOUSE (Reuters) – Airbus (AIR.PA) has shelved plans to create a new assembly line in Toulouse, France, for its A321 airliner as the company wrestles with the coronavirus crisis. Airbus announced

LONDON (Reuters) – British airline easyJet (EZJ.L) on Thursday said it would defer the delivery of 24 Airbus (AIR.PA) jets and hold a shareholder meeting after the airline’s founder Stelios Haji-Ioannou stepped up a disagreement over the airline’s expansion plans. FILE PHOTO: Easyjet airline airplanes are seen parked, as Schiphol Airport reduces its flights due

LONDON (Reuters) – Oil prices rose on Thursday on expectations the world’s leading crude producers will overcome obstacles at a meeting later in the day that have so far prevented a deal to cut output in response to a collapse in global demand. FILE PHOTO: Oil pump jacks work at sunset near Midland, Texas, U.S.,

CHICAGO/WASHINGTON (Reuters) – U.S. Treasury officials have asked airlines seeking government payroll support to provide additional detailed information on capital structure, liquidity and loyalty programs, people briefed on the matter told Reuters. FILE PHOTO: JetBlue Airways aircrafts are pictured at departure gates at John F. Kennedy International Airport in New York June 15, 2013. REUTERS/Fred

FILE PHOTO: Easyjet founder Stelios Haji-Ioannou speaks at a media event to celebrate 20 years in business at Luton Airport, southern England, November 10, 2015. REUTERS/Eddie Keogh LONDON (Reuters) – EasyJet (EZJ.L) founder Stelios Haji-Ioannou continued his battle to force the British airline to cancel an order for 107 Airbus (AIR.PA) planes, making a new

WASHINGTON (Reuters) – Americans who have lost their jobs due to the new coronavirus will start getting enhanced jobless benefits as soon as this week as states deploy hundreds of billions of dollars in federal aid, state officials said on Tuesday. FILE PHOTO: People gather at the entrance for the New York State Department of

TOKYO (Reuters) – Oil prices gained on Tuesday as hopes rose that the world’s biggest producers of crude will agree to cut output as the coronavirus pandemic crushes demand, even as analysts warn a global recession may be deeper than expected. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta,

FILE PHOTO: Boeing 787 Dreamliners are shown in final production at widebody factory in North Charleston, South Carolina, U.S., January 17, 2019. REUTERS/Eric Johnson WASHINGTON (Reuters) – Boeing Co (BA.N) said on Monday it will temporarily suspend production of its 787 airplane at its facilities in South Carolina amid the coronavirus pandemic. The announcement came

HONG KONG (Reuters) – HSBC (HSBA.L) shareholders in Hong Kong are considering calling for an extraordinary meeting with management and taking possible legal action against the bank’s decision to scrap dividend payments. FILE PHOTO: HSBC logo is seen on a branch bank in the financial district in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File

NEW YORK/LONDON (Reuters) – Global benchmark oil prices are expected to open lower on Monday as a dispute between top crude exporters Russia and Saudi Arabia raises concerns of another collapse in talks to curb production at a meeting this week. FILE PHOTO: The sun is seen behind a crude oil pump jack in the

(Reuters) – The job losses suffered in March as the U.S. economy shut down in the face of the novel coronavirus pandemic were widespread but still were disproportionately felt in a handful of employment sectors and by women, the young and the less educated. Colorized scanning electron micrograph of an apoptotic cell (red) infected with

(Reuters) – When Reuters photographer Carlos Barria boarded American Airlines flight 4511 from Washington Reagan National Airport to New Orleans on Friday for an assignment, he was the only passenger on the 76-seat jet. A flight attendant waits for the departure of a one-passenger flight between Washington and New Orleans as the spread of coronavirus

FILE PHOTO: The view of Tesla Inc’s U.S. vehicle factory which was open for business on March 18, despite an order by the Alameda county’s sheriff’s office to comply with a three-week lockdown in the San Francisco Bay Area, in order to rein in the spread of coronavirus disease (COVID), in Fremont, California, U.S., March

FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin poses during a break at a Dallas Fed conference on technology in Dallas, Texas, U.S., May 23, 2019. REUTERS/Ann Saphir/File Photo (Reuters) – U.S. employment numbers will get worse amid the ongoing coronavirus outbreak before getting better, Richmond Federal Reserve President Thomas Barkin said in

STOCKHOLM (Reuters) – H&M (HMb.ST), the world’s second-biggest clothing retailer, said on Friday it expected a loss in the second quarter after reporting a 46% plunge in March sales as the coronavirus pandemic took a toll on the retail sector. FILE PHOTO: The H&M clothing store is seen in Times Square in Manhattan, New York,

(Reuters) – Elon Musk’s rocket company SpaceX has banned its employees from using video conferencing app Zoom, citing “significant privacy and security concerns,” according to a memo seen by Reuters, days after U.S. law enforcement warned users about the security of the popular app. FILE PHOTO: The Zoom Video Communications logo is pictured at the