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Branson invests US$250m to sustain Virgin Group

Branson invests US$250m to sustain Virgin Group

Entrepreneur Richard Branson is set to invest US$250 million into the Virgin Group as the company battles the fallout from the coronavirus outbreak. “This is the most significant crisis the world has experienced in my lifetime,” said Branson.

Air Canada latest airline to announce huge layoffs

Air Canada latest airline to announce huge layoffs

Air Canada has revealed plans to cut 5,000 jobs in the coming weeks as the carrier battles the impact of the global coronavirus pandemic. The company has said the move is temporary – and that most of those affected will return once the airline ramps up its operating schedule.