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Volkswagen's Traton commercial truck unit has seen cancellations of orders due to the coronavirus outbreak but these are manageable, its chief told a German magazine in an article published on Friday......»»

Standard Chartered has told staff it is freezing all external and internal hiring for two months and signaled it is likely to cut bonuses for 2020, as the Asia and Africa-focused lender grapples with the fallout from the coronavirus pandemic......»»

ASSOCIATED PRESS The bipartisan coronavirus aid package passed by Congress on Friday offers $58 billion to the nation's airlines, split evenly between loans and payroll gra.....»»

Observers from Wall Street to Main Street see tough days ahead for commercial aerospace......»»

Shares of General Electric Co. fell Mon.....»»

Mar.17 -- Unit.....»»

United Airlines Holdings booked $1.5 billion less revenue in March than the same time last year and warned employees that planes could be flying nearly empty into the summer, even after drastic flight capacity cuts......»»

Airlines on Thursday appealed for urgent .....»»

Airline stocks w.....»»

Shares of Southwest Airlines Co. were indicated down over 1% in premarket trading Thursday, after the air carrier cut its guidance for first-quarter unit revenue, citi.....»»

Thos Robinson/Getty Images The coronavirus is a once-in-a-lifetime epidemic that will squash those who don't defend for a worst-case scenario.....»»

United Airlines CEO Oscar Munoz, in a memo to his “United family,” warned of more schedule cuts as the coronavirus crisis worsens around the world. "Based on current trends, it is likely that additional schedule reductions will be necessary,.....»»

Associated Press Trade.....»»

French Finance Minister Bruno Le Maire warned Renault on Tuesday against shutting factories in France and cutting jobs there after the carmaker announced "no taboos" cost cuts last week......»»

European stocks under pressure a day after Apple warns on its fourth-quarter guidance, owing to fallout from the coronavirus. Chip makers were in the firing line, while HSBC also slid on a profit plunge and potentially 35,000 job cuts......»»

European stocks under pressure a day after Apple warns on its fourth-quarter guidance, owing to fallout from the coronavirus. Chip makers were in the firing line, while HSBC also slid on a profit plunge and potentially 35,000 job cuts......»»

Japanese trading house Marubeni Corp on Wednesday cut its full-year net profit forecast by 17% due to a one-off loss on its energy assets and lower profits from U.S. agri-business in the wake of a prolonged U.S.-Sino trade war......»»

Mitsubishi UFJ Financial Group Inc (MUFG) , Japan's largest lender by assets, posted on Tuesday a 25.7 billion yen ($236 million) net loss in the third quarter, as its banking unit booked a one-off charge on an Indonesian subsidiary......»»

Mitsubishi UFJ Financial Group Inc (MUFG) , Japan's largest lender by assets, on Tuesday posted 25.7 billion yen ($236 million) net loss in the third quarter, as its banking unit booked a one-off charge on an Indonesian subsidiary......»»

Job cuts could be in the works as JPMorgan Chase looks to cut costs. Bloomberg reports that the bank is planning to cut "several hundred" workers from its consumer unit, which houses the deposit, credit card, home loan and auto lending businesses.....»»