The aviation crisis worsens as coronavirus pain increases

BERLIN / SYDNEY (Reuters) – The airline crisis deepened on Thursday with Lufthansa (LHAG.DE) warned that the industry may not survive without state aid if the coronavirus pandemic lasts long and Qantas Airways (QAN.AX) has told most of its 30,000 employees to take leave. FILE PHOTO: Workers are seen near Qantas Airways, Australian national carrier, […]

Credit Suisse offers paid leave for workers who need care for children and the elderly

FILE PHOTO: a Credit Suisse logo is pictured on a building in Geneva, Switzerland, 8 November 2017. REUTERS / Denis Balibouse ZURICH (Reuters) – Credit Suisse (CSGN.S) will offer employees who need to take care of children and family members affected by the coronavirus epidemic a month of paid vacation until mid-April, the president and […]

Buffett calls the coronavirus epidemic “frightening”, but says he won’t sell shares

(Reuters) – Warren Buffett, the billionaire president of Berkshire Hathaway Inc (BRKa.N), Monday called the coronavirus epidemic “scary stuff” but said the shares remain a good long-term investment and will not sell shares despite the threat of a pandemic. FILE PHOTO: Berkshire Hathaway President Warren Buffett walks through the exhibition hall as shareholders gather to […]