© Reuters. By Gina Lee Investing.com – Virgin Australia Holdings (ASX:) announced on Tuesday morning that it will enter voluntary administration as the COVID-19 pandemic continues to bite into its income. The Brisbane-based company joined U.K. budget airline FlyBe as the airline industry’s latest COVID-19 casualty, […]
Macro: Entertainment, hospitality, and travel-related companies are seeing their operations shut down due to COVID-19. Some which involve large groups of people congregating in tight spaces – airplanes, stadium based concerts, plays and sporting events, […]
© Reuters. By Gina Lee Investing.com – Asian stocks slid on Tuesday morning as they reacted to oil’s slide into negative territory in the previous session. In a “devastating day” for the industry, WTI futures for May delivery slumped to -$37.63 ahead of […]
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