AirAsia pare down losses after top brass cleared from allegations

KUALA LUMPUR: Amid global volatility, Air Asia stocks have pared down its losses in today’s early trading after their co-founders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun were cleared from corruption allegations related to the Airbus scandal.  As at 10.15 am, AirAsia Group was four sen lower to 64 sen compared to its earlier loss of […]

COVID-19: US to lose US$98 million in visa revenues

WASHINGTON: The US State Department is expected to lose US$98 million in visa revenues used to provide critical services to Americans abroad, due to the novel coronavirus outbreak, Bureau of Consular Affairs Principal Deputy Assistant Secretary Ian Brownlee said during a congressional hearing. “We anticipate a loss of 98 million dollars of visa revenues this […]