Southwest Airlines sees coronavirus to hit Q1 revenue

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Source: Dukascopy Bank SA
On Thursday, Southwest Airlines forecast a hit worth about $300M to its Q1 operating revenue by the coronavirus outbreak, making the carrier to trim the outlook for its quarterly revenue.
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Thu, 05 Mar 2020 15:53:18 GMT

OPEC backs largest oil cut in over decade

OPEC agreed to trim the oil output by extra 1.5M barrels per day in the current year's Q2 to support prices hit by the outbreak of coronavirus across the globe, it stated on Thursday.

Thu, 05 Mar 2020 14:32:50 GMT

Israel's Hailo attracts $60M, total funding $88M

Israeli start-up Hailo, the artificial intelligence chips developer, announced on Thursday it had raised $60M in a round of funding, bringing the company's total financing to $88M.

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