Airbus struggles to lift crisis-hit jet output

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PARIS/TOULOUSE (Reuters) – Europe’s Airbus (AIR.PA) is grappling with labor and supply chain shortages and may only be able to restore aircraft production to some 10-20% of normal levels for now because of partial shutdowns, industry and union sources said.

FILE PHOTO: An Airbus A380 of the German carrier Lufthansa is parked on the tarmac, as the spread of the coronavirus disease (COVID-19) continues, at the airport in Frankfurt, Germany March 24, 2020. REUTERS/Ralph Orlowski

Worst affected are wide-body jets, demand for which is expected to come under pressure as the coronavirus crisis hits airlines worldwide, especially in

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Macy’s will furlough most employees beginning this week

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Macy’s said the majority of its employees will be furloughed beginning this week as it copes with significant sales losses during the coronavirus pandemic.

The retailer declined to say how many employees will be affected by the furloughs. It said it’s lost most of its sales, even as it remains open online, and that’s why cost cuts are necessary.

Macy’s is one of dozens of retailers that have been forced to close stores to slow the spread of the coronavirus in the U.S. All of its stores have been closed since March 18, and it has not decided when it

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WHO says early data shows some drugs ‘may have an impact’ on coronavirus, but more research is needed

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Tedros Adhanom Ghebreyesus, director general of the World Health Organization (WHO), speaks during a news conference on the COVID-19 coronavirus outbreak in Geneva, Switzerland, on Monday, March 2, 2020.

Stefan Wermuth | Bloomberg via Getty Images

World Health Organization officials said early research shows that some drugs “may have an impact” on fighting the coronavirus, but the data is extremely preliminary and more research needs to be done to determine whether the treatments can reliably fight COVID-19.

There is “some preliminary data from non-randomized studies, observational studies, that indicate some drugs and some drug cocktails may have an impact,” Dr.

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Finnish government pushes Fortum to strive for carbon neutrality

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HELSINKI (Reuters) – Finland’s center-left government on Monday gave its blessing to majority state-owned Fortum’s (FORTUM.HE) strategy to cut emissions, but promised to push the company further towards carbon neutrality, the minister in charge wrote.

FILE PHOTO: Finnish energy company Fortum sign is seen at their headquarters in Espoo, Finland July 17, 2018. REUTERS/Ints Kalnins/File Photo

The government’s statement came in response to a proposal by the World Wide Fund for Nature’s Finnish branch to amend Fortum’s articles of association at its annual general meeting on Tuesday.

The WWF hopes to pressure Germany’s Uniper [UN01.DE], in which Fortum

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