Airlines say ticket cancellations slowing; business models may change

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Airlines say ticket cancellations slowing; business models may change

(Reuters) – Top U.S. airlines and Air Canada (AC.TO) on Tuesday reported slower ticket cancellations and an improvement in bookings on some routes, though executives said overall demand remained weak and changes to travel rules may force new …
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Facebook pays $9.5 million to end Competition Bureau's probe into privacy claims

TORONTO — Facebook will pay $9.5 million in a no-contest agreement with the Competition Bureau, which says the social media company made false or misleading claims about how much control Canadians had over the privacy of their personal information …
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Boost to Italian bonds, euro from recovery fund proposal may not last long

LONDON (Reuters) – A Franco-German proposal for a half-a-trillion euro recovery fund has lifted Italian bonds and the common currency, but investors say the effect may wear off soon once sceptical Northern European countries get their say. FILE PHOTO: 50 …
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People Are Beginning to Fly Again, Airline Data Suggests

Earlier today, Southwest, Delta and United Airlines all announced at least some degree of improvement in terms of new customer bookings over cancellations for the first time in many weeks and plans to start adding flights back into their schedules for summer …
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BOJ Looks to Demonstrate Agile Stance With Emergency Meeting

Pedestrians walk past the Bank of Japan headquarters in Tokyo. Photographer: Kiyoshi Ota/Bloomberg
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