Netflix on Tuesday reported soaring profits as paid subscriptions surged by almost 16 million at the streaming television service during lockdowns to slow the spread of the coronavirus pandemic.
Coca-Cola Co on Tuesday forecast a significant hit to current-quarter results as restaurants, theaters and other venues that represent about half of the company's revenue remain closed because of the coronavirus pandemic.
Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a stake in the company, according to a report filed by Reuters.
In a general sense, airlines around the world have already realized the short-term effects and the best way to survive the coronavirus crisis. Now, another vital question faces the industry: how demand for air travel will behave after the pandemic is under control?
Latin America's biggest airline, the Brazilian-Chilean group LATAM, is suspending all international flights until May because of the coronavirus pandemic.
The full main runway at the Falkland Islands Mount Pleasant Airport has re-opened after the completion of resurfacing works covering 3,000 meters, the British Forces South Atlantic Islands, BFSAI, command announced this week.
The U.S. Federal Reserve and the Bank of England ramped up their emergency responses to the world's escalating coronavirus recession on Thursday as they pushed deeper into territory once considered fraught with risk for central bankers.
The Falkland Islands Government announced on Monday that it has completed and signed a contract with BAM Nuttall for the design and build of a new port in Stanley Harbor.
Carnival Corp, the world's largest cruise operator, said it has raised US$6.25 billion by issuing new debt and equity on Wednesday, borrowing at a high cost to weather the economic storm of the coronavirus pandemic.
Honoring foreign debt will have to wait because given the coronavirus pandemic priority is now the health of the Argentines, said president Alberto Fernandez on Monday, adding he would not let local companies fire o declare workers redundant.