Business

Oil jittery as Saudi Arabia-Russia talks delayed

Image copyright Getty Images Global oil prices remain on edge after Saudi Arabia and Russia postponed a meeting about a deal to cut output as the virus pandemic hits demand. The two countries have been locked in an oil price war for the last month. Traders are concerned that, with large parts of the world […]

Business

BA cabin crew contract virus on long-haul flights

Image copyright Getty Images A number of British Airways cabin crew have contracted the coronavirus when operating long haul flights over the past two weeks. Unions are calling on airlines to do more to minimise the exposure of staff. But BA pilots and cabin crew say the airline was slow to take action to protect […]

Business

Coronavirus: Debenhams set to appoint administrators

Image copyright Getty Images Debenhams, the department store chain, is facing administration for a second time. The retailer is set to appoint administrators as early next week to protect the company against claims from creditors as it tries to restructure its business. Debenhams has already closed 22 stores this year and plans to shut a […]

Business

Coronavirus halts a decade of US jobs growth

Media playback is unsupported on your device Media captionCoronavirus: Millions of Americans unemployed A decade of jobs growth in the US came to an abrupt halt in March as employers shed 701,000 jobs amid the coronavirus outbreak. The unemployment rate rose to 4.4% in the biggest one-month jump since 1975, according to new data from […]