After absolutely privatizing Deutsche Lufthansa AG a quarter-century in the past, the German authorities will grow to be a minority proprietor in an effort to rescue the nation’s largest airline from financial devastation wrought by coronavirus journey restrictions. The airline group, which incorporates Lufthansa Airways, SWISS Worldwide Air Strains and ...

After weeks of “intensive negotiations” between Berlin and Germany’s flagship service Lufthansa, an settlement has been reached on €9 billion state bailout assist. ...

US President Donald Trump has ordered his secretaries of Power and the Treasury to plan a monetary rescue plan for the American oil and gasoline business, as oil costs proceed their historic nosedive. ...

The European Union's coronavirus “rescue” deal is absolutely only a €500 billion enhance in debt which may finally “make the issue worse,” former Wall Avenue stockbroker Max Keiser informed RT. ...

Khabib Nurmagomedov's father Abdulmanap says Belarus, which is at the moment one of many solely locations on the planet the place main sporting occasions are nonetheless being held with the federal government's blessing, is a number one candidate to host UFC 249. ...

Covid-19 lives, Capitalism dies: Oligarchs, shopping for affect in Washington and Westminster, have change into reliant upon bankers and politicians offering taxpayer-backed bailouts when their reckless extremely leveraged bets go incorrect. ...

Deaths from Covid-19 have surpassed 1,000, in line with a widely-cited tally, a worrying benchmark within the ongoing well being disaster as Washington rushes to offer financial reduction to the nation’s battered financial system. ...

Wall Road was up and down on Wednesday after a historic surge within the earlier session that noticed the Dow Jones Industrial Common hovering greater than 2,000 factors in its finest one-day share achieve since 1933. ...

The principle American inventory indexes surged on optimism that the large authorities rescue invoice to save lots of the economic system from the coronavirus is near being handed, and a vast stimulus promise from the Federal Reserve. ...

Taiwanese Air Power Common Shen Yi-ming, who can be the island’s incumbent Chief of the Common Workers, was on board a helicopter that crashed-landed in northern Taiwan. A large rescue effort has been launched. ...