South Africa's SAA faces wind-down or liquidation, rescue team says

JOHANNESBURG (Reuters) – Specialists appointed to try to save state-owned South African Airways (SAA) said on Thursday that they had no further funds for rescue efforts and that the two remaining options were a wind-down process or placing the company

Can Libya's Khalifa Haftar pull back following Tripoli defeat?

Amid global economic downturn, analysts say it’s unclear if foreign supporters will continue to bankroll the strongman. The campaign will be swift. This was eastern-based renegade military commander Khalifa Haftar’s pledge to his supporters at home and abroad when he

PETA offers Spain's Pamplona cash to ban bull-running for good

MADRID (Reuters) – Seizing on a rare cancellation of Spain’s world-famous bull-running festival in Pamplona due to the coronavirus, animal rights group PETA offered 250,000 euros ($269,700) on Thursday for the city to make the ban permanent. The incentive offered

Coronavirus effect on reading on World Book Day

Will the pandemic turn off bookshops’ lights for good, or will it help the industry thrive? In 2015, it was Greece’s financial crisis keeping customers away from the Free Thinking Zone Bookstore & Cafe. At the time, the shop’s shelves were

Stocks pause before key EU meeting on coronavirus aid

LONDON (Reuters) – Caution gripped markets on Thursday, with stocks falling before a key Eurogroup meeting to discuss joint stimulus measures, offsetting optimism from a fresh round of U.S. coronavirus aid and a recovery in oil prices. The U.S. Congress