Qantas cuts flights to Asia as coronavirus hits profits

Business Feb 20, 2020

Qantas cuts flights to Asia as coronavirus hits profits

Australian airline Qantas on Thursday announced a major reduction in flights to Asia as the deadly coronavirus outbreak that began in China impacts demand and eats into profits. The carrier said it would cut flights to Asia by 16 percent for at least three months, ...

Stocks in China slide; U.S. equity futures advance

Business / Financial Markets Feb 3, 2020

Stocks in China slide; U.S. equity futures advance

Chinese shares tumbled and the yuan weakened as traders returned from an extended holiday amid the worsening coronavirus outbreak. Support measures from China's government helped stem losses somewhat in Asia, while U.S. futures rose and Treasuries slipped. Stocks in Shanghai opened almost 9 percent lower, ...

Cruise companies cancel departures from Chinese ports

Business Jan 31, 2020

Cruise companies cancel departures from Chinese ports

Cruise operators MSC Cruises and Costa Cruises said on Thursday that they had canceled departures from Chinese ports because of the deadly coronavirus outbreak. MSC canceled three scheduled cruises on its Splendida ship, which has a capacity of 6,880 people and was due to sail ...

Shanghai to stage 2021 Club World Cup final  according to local reports

Soccer Jan 8, 2020

Shanghai to stage 2021 Club World Cup final according to local reports

Shanghai will host the opening ceremony and final of the expanded 2021 Club World Cup in China, state media said. Eight Chinese cities will stage matches for the FIFA-organized tournament, which will involve 24 teams rather than the current seven. Chinese sports authorities officially launched preparations ...