Business Blog

This company is looking for more fashion brands to buy, and now it has the money to do it

WHP Global's latest capital raise, in addition to a facility already in place with BlackRock, gives it north of $1 billion in buying power.

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Airlines could lose up to $113 billion in revenue due to coronavirus, trade group says

Airlines could lose $63 billion to $113 billion in revenue for passenger traffic globally in 2020, depending on how the coronavirus spreads, International Air Transport Association (IATA) said on Thursday.

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OPEC reportedly agrees on massive oil supply cut to offset virus impact; awaits Russia's approval

The meeting of the 14-member group OPEC and 10 non-member allies, known collectively as OPEC+, is taking place in Vienna, Austria.

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Airbnb has a specific policy for coronavirus-related cancellations

The company has rolled out a specific policy for bookings that need to be changed because of issues relating to the coronavirus.

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Australia let Chinese students get around a travel ban. Critics warn it could spread the coronavirus

Chinese students make up the largest portion of international students in Australia, accounting for about 0.6% of the country's GDP.

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Travelers to Thailand are getting mixed messages on restrictions amid coronavirus

The coronavirus has taken a toll on Thailand's tourism sector, which accounts for a significant proportion of the country's economy.

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