World

MAB embarks on a restructuring exercise

[ad_1] KUALA LUMPURMalaysia Airlines Bhd (MAB) has embarked on an urgent restructuring exercise to stay relevant and survivable after being forced to revise its long-term business plan (LTBP) by the Covid-19 pandemic. The move includes reworking the national airline’s network and fleet plans to enable it to cope not only …

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Trump Tests Positive for COVID-19; world stocks fall

[ad_1] LONDON / SINGAPORE / TOKYO (Reuters) – Futures for US stocks and European stocks fell on Friday after President Donald Trump said he and his wife had tested positive for the coronavirus. Futures on the S&P 500 fell as much as 2% immediately after the news, while risk appetite …

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