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The Latest
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American Airlines Sends Job Cut Notices To 25,000 Staff As Air Travel Drops
Furlough notices have also been sent to 3,200 maintenance staff and 1,000 reservation officers. 
Furlough notices have also been sent to 3,200 maintenance staff and 1,000 reservation officers. -
Huawei Makes Surprise Rally In First Half Despite Pandemic, US Sanctions
Sales of world's No. 2 smartphone maker soar 13.1 percent in the first two quarters this year. 
Sales of world's No. 2 smartphone maker soar 13.1 percent in the first two quarters this year. -
Iran Executes Former Defense Ministry Staff Convicted Of Spying For CIA
Reza Asgari served in the aerospace unit before retiring around four years ago. 
Reza Asgari served in the aerospace unit before retiring around four years ago. -
Diageo To Unveil Johnnie Walker In Paper Containers
Plan represents the latest example of a whiskey maker trying to move to more sustainable packaging. 
Plan represents the latest example of a whiskey maker trying to move to more sustainable packaging. -
India's Flipkart Secures $1.2 Billion In Walmart-Led Funding
The investment will give India's biggest online store a valuation of around $24.9 billion. 
The investment will give India's biggest online store a valuation of around $24.9 billion. -
UAE Raring To Go With Mars Launch, But Weather Delays Liftoff
The mission has been put on hold until later this month, with a launch window extended to Aug. 3. 
The mission has been put on hold until later this month, with a launch window extended to Aug. 3. -
Carnival Corp To Sell 13 Ships As Part Of Rightsizing Amid Ongoing Crisis
Carnival said the move is part of the group's efforts to deal with a $4.4 billion loss in Q2 this year. 
Carnival said the move is part of the group's efforts to deal with a $4.4 billion loss in Q2 this year. -
Virgin Atlantic Secures $1.5 Billion Bailout Amid Pandemic
British airline plans to restart commercial flights starting July 20. 
British airline plans to restart commercial flights starting July 20. -
China To Slap Lockheed With Sanctions Over Taiwan Weapons Sale
Lockheed Martin is the main contractor for a $620 million upgrade for Taiwan's missile defense system. 
Lockheed Martin is the main contractor for a $620 million upgrade for Taiwan's missile defense system. -
Britain Changes Its Mind, Bans Huawei From 5G Network
Washington has pressured Britain for months, claiming Huawei is a security risk. 
Washington has pressured Britain for months, claiming Huawei is a security risk.
