Business
Carnage masks winners in the COVID-19 gloom – The Australian Financial Review
The doom and gloom has lifted for some companies while others are finding that even in a global crisis, there is nowhere to hide.
Airports and travel agencies are also doing it very tough in the locked down society, warning the outlook for the remainder of the year is bleak as state governments insist on keeping borders shut, forcing people to delay their holiday plans and flight bookings even further than previously thought necessary.
Sydney Airport took a $51.8 million loss for the first half and announced it would raise $2 billion of equity via a renounceable rights issue so existing shareholders are compensated if the…
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