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KLM apologizes after airliner crew"s coronavirus toilet note sparks outrage in South Korea

KLM, the Dutch arm of Air France KLM , offered a public apology on Friday after a crew member sparked online outrage by posting a sign in Korean saying passengers on a recent flight were not allowed to use a toilet because of the new coronavirus......»»

Category: topSource: reutersFeb 14th, 2020

Korean Air to issue $817 million in new shares as virus strains industry

South Korea's largest airline, Korean Air , said on Wednesday its board decided to sell about 1 trillion won ($816.55 million) in new shares to raise funds amid mounting strains in the industry due to the coronavirus pandemic......»»

Category: topSource: reutersMay 13th, 2020

Coronavirus update: Global case tally tops 4.1 million; South Korea reports cluster from Seoul nightclubs, and Wuhan, China, has 4 new cases

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Category: topSource: marketwatchMay 11th, 2020

Global equities markets sink, bonds rise on fears of second wave of infections

A jump in coronavirus cases in South Korea and Germany rattled investors and sent global equities markets lower on Monday, while safe-haven assets, including the dollar and U.S. Treasuries, edged higher......»»

Category: topSource: reutersMay 11th, 2020

Coronavirus update: Global case tally tops 4.1 million; South Korea reports cluster from Seoul nightclubs, Wuhan has 4 new cases

T.....»»

Category: topSource: marketwatchMay 11th, 2020

Global equities sink, bonds rise on fears of second wave of infections

A jump in coronavirus cases in South Korea and Germany rattled investors and sent global equities lower on Monday, while safe- haven assets including the dollar and U.S. Treasuries edged higher......»»

Category: topSource: reutersMay 11th, 2020

Germany, South Korea Report Surge In New COVID-19 Cases As Lockdowns Eased: Live Updates

Germany, South Korea Report Surge In New COVID-19 Cases As Lockdowns Eased: Live Updates Last night, we reported that national health officials in Beijing had confirmed the first coronavirus case in Wuhan.....»»

Category: blogSource: zerohedgeMay 11th, 2020

Korean Air to decide up to $820 million rights issue this week: Yonhap

South Korea's largest airline Korean Air will decide whether to sell up to about 1 trillion won ($820.24 million) in shares in a board meeting on Wednesday, Yonhap said on Monday, as finances come under strain from the coronavirus pandemic......»»

Category: topSource: reutersMay 11th, 2020

Hyundai Motor sales down 57% amid coronavirus pandemic

South Korea's Hyundai Motor said on Wednesday its provisional April sales fell 57% on year to 159,079 vehicles globally, as the coronavirus pandemic and efforts to curb its spread sharply contracted auto demand and dealership traffic......»»

Category: topSource: reutersMay 6th, 2020

Photos show South Korea gradually reopening after the rate of new confirmed cases of coronavirus slowed down dramatically in recent weeks to less than ten a day

ED JONES/AFP via Getty Images South Korean Prime Minister Chung Sye-kyun said in a televised meeting on May 3 that the nation will relax social distancing restric.....»»

Category: topSource: businessinsiderMay 5th, 2020

GM Korea to cut output of key SUV as virus hits U.S. exports: document

General Motors Co's South Korean unit plans to sharply cut output this month at a factory producing its new Trailblazer sport-utility vehicle (SUV), as the coronavirus outbreak weighs on its U.S. exports and also disrupts parts supplies......»»

Category: topSource: reutersMay 4th, 2020

Maryland called in National Guard troops to defend coronavirus tests from South Korea against seizure

Maryland Governor’s office/Press release Maryland's Gov. Larry Hogan told The Washington Post Thursday that coronavirus tests purchased from South Korea are being guarded by National Guard and sta.....»»

Category: topSource: businessinsiderApr 30th, 2020

Project Syndicate: How the invisible hand of the free market screwed up coronavirus testing in the U.S. — and how to fix it

Swift government intervention worked in South Korea to ramp up testing for COVID-19, whereas the market’s invisible hand failed in the U.S......»»

Category: topSource: marketwatchApr 30th, 2020

South Korea says recovered coronavirus patients who tested positive again did not relapse: Tests picked up "dead fragments" of the virus

REUTERS/Kim Kyung-Hoon Experts say that recovered coronavirus patients who tested positive again were not reinfected, and their virus was not reactivated, as previously feared. 263 people who .....»»

Category: topSource: businessinsiderApr 30th, 2020

Korean Air to get up to $971 million support from state-owned banks

Two state-owned banks in South Korea said on Friday they would provide up to 1.2 trillion won ($971 million) in liquidity to support Korean Air Lines Co Ltd as the aviation industry reels from the coronavirus crisis......»»

Category: topSource: reutersApr 24th, 2020

Hyundai sees limited China recovery and dismal virus-hit sales elsewhere this year

South Korea's Hyundai Motor Co said on Thursday it expects only a modest recovery in Chinese auto demand and weak sales elsewhere this year after the coronavirus pandemic caused first-quarter vehicle sales to tumble 18%......»»

Category: topSource: reutersApr 23rd, 2020

Hyundai first-quarter profit tumbles 44%, far short of estimates, as coronavirus slams China demand

South Korea's Hyundai Motor Co said on Thursday first-quarter net profit slumped 44% to its lowest level for the quarter in a decade, as the coronavirus hit demand in China and due to losses at its financial business......»»

Category: topSource: reutersApr 23rd, 2020

Hyundai first-quarter profit tumbles 44%, far short of estimates, as coronavirus slams car demand

South Korea's Hyundai Motor Co said on Thursday first-quarter net profit slumped 44% to its lowest level for the quarter in a decade as the spreading coronavirus outbreak hit demand for cars worldwide......»»

Category: topSource: reutersApr 23rd, 2020

3 US soldiers punished for sneaking off to a bar in South Korea and returning through a hole in a fence despite coronavirus restrictions

Flickr/ The US Army Three junior US Army soldiers stationed in South Korea were docked pay and busted down to the lowest enlisted rank after they were caught sneaki.....»»

Category: topSource: businessinsiderApr 22nd, 2020

No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away

As Detroit's automakers shut production in March due to the coronavirus pandemic, South Korea's Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world's fifth-largest auto group......»»

Category: topSource: reutersApr 21st, 2020

From drive-thru centers to pop-up clinics with rubber gloves attached: Here"s how countries around the world are testing people for the coronavirus

Ahmad Gharabli/AFP via Getty Images Countries around the world are coming up with new ways to test people for the coronavirus. South Korea and some US states have adopted drive-thru testing centers, which allow patients to be swabbed w.....»»

Category: topSource: businessinsiderApr 21st, 2020