March 31 (Reuters) – The next are the highest tales within the Monetary Instances. Monetary Instances – March 31
Reuters has not verified these tales and doesn’t vouch for his or her accuracy.
Headlines – Monetary Instances – March 31
– Airbnb pledges to cowl some virus cancellation prices https://on.ft.com/39wDWEO
– Macy’s, Hole and Kohl’s put 1000’s on depart https://on.ft.com/33VYxkU
– Aston Martin opens $100m credit score line to avert cash crunch https://on.ft.com/3dMlN9J
– UK to spend as much as £75m chartering flights for stranded Britons https://on.ft.com/2QZtCyROverview
– Airbnb on Monday stated in a letter that it’s going to pay out $250 million to hosts to cowl the prices incurred for them due to coronavirus cancellations as co provided all visitors a 100 p.c refund for cancellations if their plans have been disrupted by journey bans and different authorities restrictions.
– U.S. retailers Macy’s Inc, Hole Inc and Kohl’s Corp introduced on Monday that tens of 1000’s of its staff can be briefly laid off, as prolonged restrictions to include coronavirus would maintain shops closed longer than beforehand thought.
– Carmaker Aston Martin has opened a recent $100 million credit score line along with a £500 million pound ($618.40 million) rescue package deal backed by Canadian billionaire Lawrence Stroll after warning the enterprise will run out of cash for its present spending plans inside 12 months.
– Britain’s overseas secretary Dominic Raab, unveiled a £75 million pound package deal on Monday to assist tens of 1000’s of Britons stranded abroad to return residence on lots of of chartered flights, assisted by airways together with Virgin, easyJet, Jet2 and Titan Airways. ($1 = 0.8085 kilos)
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