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Singapore Airlines taps investors for up to $10.5 billion amid coronavirus shock

Singapore Airlines (SIA) is tapping existing investors for up to S$15 billion ($10.48 billion) through the sale of shares and convertible bonds to offset the shock to its business from the coronavirus outbreak......»»

Category: topSource: reutersMar 26th, 2020

Singapore Airlines obtains $13 billion rescue package amid coronavirus shock

State investor Temasek Holdings and others will inject as much as S$19 billion ($13.27 billion) of liquidity into Singapore Airlines (SIA) in the single biggest rescue for an airline slammed by the coronavirus pandemic......»»

Category: topSource: reutersMar 27th, 2020

Singapore Airlines latest to get massive rescue amid coronavirus crisis

Singapore Airlines Ltd said it had secured up to S$19 billion ($13 billion) of funding to help see it through the coronavirus crisis and expand afterward, in a sign of confidence travel demand will eventually return......»»

Category: topSource: reutersMar 27th, 2020

United Airlines to raise $2.25 billion in bonds, rolls back plan to cut work hours

United Airlines Holdings Inc said on Wednesday it plans to raise $2.25 billion through a bond offering amid a coronavirus-linked slump in air travel demand, and backtracked on a controversial plan to cut working hours for thousands of employees......»»

Category: topSource: reutersMay 6th, 2020

Hawaiian Airlines reports $144.4M loss amid ‘the most significant demand shock in aviation history’

Amid a drastic decline in global demand for travel as a result of the coronavirus, Hawaiian Holdings, Inc., the parent company of Hawaiian Airlines, reported a loss of $144.4 million in non-adjusted net income, or $3.14 per diluted share, for the f.....»»

Category: topSource: bizjournalsMay 5th, 2020

Eight Thai airlines seek $770 million government assistance

Thailand’s budget and full-service carriers are seeking soft-loans worth 25 billion baht ($770.65 million) from the government to support their businesses amid the coronavirus outbreak, an airline executive said on Friday......»»

Category: topSource: reutersApr 24th, 2020

Singapore Airlines secures $13 billion to survive coronavirus and grow after

Singapore Airlines Ltd said it had secured up to S$19 billion ($13 billion) of funding to help see it through the coronavirus crisis and expand afterward, in a sign of confidence travel demand will eventually return......»»

Category: topSource: reutersMar 26th, 2020

World stocks sink on coronavirus shock, oil price crash

Global share markets plunged on Monday as panicked investors fled to the safety of bonds and the yen to hedge the economic trauma of the coronavirus, while oil plunged more than 30% after Saudi Arabia opened the taps in a price war with Russia......»»

Category: topSource: reutersMar 9th, 2020

Coronavirus Wreaks Havoc on Chinese Markets, as Tech Responds to Outbreak

Investors wiped around $420 billion from China’s premier stock index, as commodities were dumped amid the country’s accelerating Coronavirus outbreak. The Shanghai Composite tumbled almo.....»»

Category: topSource: redherringFeb 3rd, 2020

Retail traders make up nearly 25% of the stock market following COVID-driven volatility, Citadel Securities says

Retail investors have accounted for as much as 25% of the stock market's activity amid coronavirus-dri.....»»

Category: topSource: businessinsiderJul 9th, 2020

Market Snapshot: Dow ends 360 points lower but Nasdaq notches 26th record of 2020 as investors find safety in tech

U.S. stocks close mostly lower Thursday, but off the low of the day, as investors seek safety in technology and tech-related investments amid rising cases of coronavirus in states like Arizona and Florida......»»

Category: topSource: marketwatchJul 9th, 2020

Dow ends 360 points lower amid coronavirus worries, while Nasdaq scores record

Stocks ended mostly lower Thursday, though tech shares continued to rally as investors sought safety amid a rise in the number of coronavirus cases in sates like Arizona .....»»

Category: topSource: marketwatchJul 9th, 2020

Market Snapshot: Dow trades 300 points lower but Nasdaq rebounds as investors seek safety in tech

U.S. stocks trade mostly lower Thursday afternoon, but off the low of the day, as investors seek safety in technology and tech-related investments amid rising cases of coronavirus in states like Arizona and Florida......»»

Category: topSource: marketwatchJul 9th, 2020

Why Gold And Silver Stocks Are Trading Higher Today

Shares of several precious metals companies are trading higher potentially amid market uncertainty due to growing U.S. coronavirus cases and as investors weigh continued government stimulus actions. read more.....»»

Category: blogSource: benzingaJul 8th, 2020

Southwest, Delta, United, Alaska, JetBlue finalize coronavirus loan terms: Treasury

Five additional U.S. air carriers - Alaska Airlines, Delta Air Lines, JetBlue Airways, United Airlines and Southwest Airlines - plan to seek federal loans amid the novel coronavirus outbreak, the U.S. Department of Treasury said on Tuesday......»»

Category: topSource: foxnewsJul 7th, 2020

Market Snapshot: Dow rises 200 points, Nasdaq trades at record ahead of 4th of July holiday, after strong employment data

U.S. stocks on Thursday afternoon trade solidly higher as investors digest a stronger-than-expected monthly employment report amid rising numbers of new coronavirus cases in states like Florida......»»

Category: topSource: marketwatchJul 2nd, 2020

Market Snapshot: Dow rises 300 points, Nasdaq trades at record ahead of 4th of July holiday, after strong employment data

Gains for U.S. stocks fade late-morning Thursday but benchmarks retain a respectable rally as investors digest a stronger-than-expected monthly employment report amid rising numbers of new coronavirus cases......»»

Category: topSource: marketwatchJul 2nd, 2020

American Airlines, 4 others finalize Treasury loans amid coronavirus travel bust

American Airlines, Frontier Airlines, Hawaiian Airlines, Sky West Airlines and Spirit Airlines will have to meet certain requirements to qualify for the CARES Act loans......»»

Category: topSource: foxnewsJul 2nd, 2020

Market Snapshot: Dow up nearly 400 points after strong jobs report despite record rise in daily new coronavirus cases

U.S. stocks punched higher Thursday as investors digested a stronger-than-expected monthly employment report amid rising numbers of new coronavirus cases......»»

Category: topSource: marketwatchJul 2nd, 2020

Market Snapshot: Dow opens nearly 400 points higher after strong jobs report despite record rise in daily new coronavirus cases

U.S. stocks made sharp gains early Thursday as investors digested a stronger-than-expected monthly employment report amid rising numbers of new coronavirus cases......»»

Category: topSource: marketwatchJul 2nd, 2020

Moody"s has downgraded $130 billion worth of automakers" debt as a result of COVID-19-induced downturn

Moody's Investors Service said Tuesday it has downgraded $130 billion worth of debt owed by automakers as a result of the coronavirus-induced economic downtur.....»»

Category: topSource: marketwatchJun 30th, 2020