IBT Staff Reporter

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Boeing announced sweeping cost-cutting measures after reporting a first-quarter loss of $641 million following the hit to the airline business from the coronavirus pandemic

Boeing To Cut Staff, Plane Output As Pandemic Batters Airline Industry

Boeing to cut staff, plane output as pandemic batters airline industry

China has established new administrative districts for the contested Paracel island chain

US Navy Ship Sails Through Chinese-claimed Waters In South China Sea

US Navy ship sails through Chinese-claimed waters in South China Sea

Real estate agent Dana Scanlon conducts a virtual tour of a house with a client over Facetime in Washington, DC

Virus Forces Real Estate Agents To Go Virtual

Virus forces real estate agents to go virtual

US Secretary of State Mike Pompeo speaks during a news conference at the State Department

Pompeo Says 'Still Hopeful' For A North Korea Deal

Pompeo says 'still hopeful' for a North Korea deal

A vial of the drug Remdesivir is viewed during a press conference

COVID-19 Patients Respond Positively To Remdesivir In Major US Trial

COVID-19 patients respond positively to remdesivir in major US trial

Analysts expect US growth to plunge by double digits in the second quarter as the full effects of the coronavirus's economic shutdowns are felt

US Decade Of Growth Ends As Virus Contracts GDP By 4.8%

US decade of growth ends as virus contracts GDP by 4.8%

Johnson has been publicly dating Symonds since early 2019

Weeks After Virus Scare, British PM Becomes Father Again

Weeks after virus scare, British PM becomes father again

Coronavirus mitigation efforts have caused Germany's economy to splutter

Germany Faces 'Worst Recession' In Post-war History

Germany faces 'worst recession' in post-war history

Airlines have had to park planes on tarmacs as they take more and more out of service

Air Traffic Plunges 53% In March: IATA

Air traffic plunges 53% in March: IATA

Abe told parliament: 'We must hold the Olympics as a testament to humanity's victory over the coronavirus.'

Tokyo Olympics 'Difficult' If Pandemic Not Contained: Abe

Tokyo Olympics 'difficult' if pandemic not contained: Abe

Having already lowered the benchmark lending rate to zero, the US Federal Reserve is expected to do little more than offer reassurance when its meeting ends

US Federal Reserve Resumes Deliberations Following GDP Shock

US Federal Reserve resumes deliberations following GDP shock

Google's videoconferencing service Meet will now be free to all users, offering an alternative to Zoom for people seeking connections during the virus lockdowns

Google Makes Its Video Meeting Service Free To All

Google makes its video meeting service free to all

A woman walks past a makeshift memorial for Russian medical workers who have died from the COVID-19 disease, set up outside the local health department in Saint Petersburg. More than 70 have died so far.

Wary Russian Doctors Count Their Own Dead From Virus

Wary Russian doctors count their own dead from virus

Boeing announced sweeping cost-cutting measures after reporting a first-quarter loss of $641 million following the hit to the airline business from the coronavirus pandemic

Boeing To Cut Staff, Plane Output After Big Q1 Loss

Boeing to cut staff, plane output after big Q1 loss

Barclays noted that the impact of coronavirus has been cushioned by emergency action from the Bank of England and other major central banks

UK Bank Barclays Takes ?2.1-bn Coronavirus Hit

UK bank Barclays takes ?2.1-bn coronavirus hit

The low number of deaths compared with total coronavirus infections in India has puzzled observers

India Virus Deaths Pass 1,000, But Low Toll Puzzles Experts

India virus deaths pass 1,000, but low toll puzzles experts

Spotify said that coronavirus lockdowns had changed listening habits but that the numbers of listeners increased in most major markets

Back In Black: Spotify Profits As Subscribers Rise Despite Virus

Back in black: Spotify profits as subscribers rise despite virus

General Electric reported higher first-quarter profits on a gain from a divestiture, but warned that the current quarter would see a bigger hit from the coronavirus

GE Reports Higher Profits, Sees Deeper Virus Hit In 2Q

The industrial giant reported first-quarter profits of $6.2 billion, up 73 percent from the year-ago period and boosted by funds from the sale of BioPharma.

Amazon shut its warehouses in France rather than limit its sales to essential items

French Unions Propose Gradual Return To Work At Amazon

French unions propose gradual return to work at Amazon

Irrfan Khan poses with a statuette for Best Actor at the 2014 Asian Film Awards

'Life Of Pi' Actor Irrfan Khan Dies At 53

'Life of Pi' actor Irrfan Khan dies at 53

Annexation of the mosaic of settlements Israel has built across the occupied West Bank has long been a dream of the political right but to the fury of the Palestinians it now looks set to become reality with the support of US President Donald Trump

What Do Israel's US-backed Annexation Plans Mean For West Bank?

What do Israel's US-backed annexation plans mean for West Bank?

Johnson has been publicly dating Symonds since early 2019

British PM's Partner Gives Birth To Baby Boy

British PM's partner gives birth to baby boy

Volvo says the coronavirus pandemic has made it even more important to cut costs

Volvo Cars Says To Cut 1,300 Jobs

Volvo Cars says to cut 1,300 jobs

A stylised propaganda poster against coronavirus in the old quarter of Hanoi

Vietnam Draws On Propaganda Artists In Battle Against Virus

Vietnam draws on propaganda artists in battle against virus

The NPC is used to portray the Communist Party as answerable to the people's representatives, but its deliberations are determined in advance and the event is tightly choreographed

China's Parliament To Meet After Virus Delay

China's parliament to meet after virus delay

Protesters in Vancouver hold photos of Michael Spavor and Michael Kovrig. The pair have now been held in detention in China for more than 500 days

China Says Detained Canadians 'In Good Health'

China says detained Canadians 'in good health'

The United Nations Special Rapporteur to Myanmar, Yanghee Lee, said the country's military must be investigated for "war crimes and crimes against humanity"

Myanmar Army Again Guilty Of Abuses, Possible War Crimes: UN Expert

Myanmar army again guilty of abuses, possible war crimes: UN expert

The use of drones is part of Singapore's drive to embrace technological innovation

Singapore Launches First Drone Delivery Service

Singapore launches first drone delivery service

You are mine, sunshine: Indonesians have taken to soaking up the rays after unsubstantiated claims that the vitamin D sunlight provides can help ward off the coronavirus

Sun Worshippers: Indonesians Soak Up The Rays To Battle Virus

Sun worshippers: Indonesians soak up the rays to battle virus

Airbus said in early April that it had cut production of its planes by around a third

Coronavirus Pushes Airbus Into Q1 Loss

Coronavirus pushes Airbus into Q1 loss

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