United Airlines loses $1.6 billion in the second…

A United Airlines Boeing 777-200 aircraftNicolas Economou | NurPhoto | Getty ImagesUnited Airlines posted a $ 1.63 billion net loss for the second quarter, driven by a plunge in air travel demand because of the coronavirus…

Egyptian billionaire Naguib Sawiris sees oil at $100…

Naguib Sawiris, billionaire and chairman of Orascom Investment Holding.Sima Diab | Bloomberg | Getty ImagesEgyptian billionaire Naguib Sawiris says he would buy airlines, going against fellow billionaire investor Warren Buffett, who announced that Berkshire Hathaway…