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Japan eyes fresh stimulus plan worth over $929 billion to battle pandemic: Nikkei
Sun, 24 May 2020 19:00:15 -0400
Japan is considering a fresh stimulus package worth over $929 billion that will consist mostly of financial aid programmes for…
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Aston Martin chief to leave, Mercedes-AMG CEO to replace him: source
Sun, 24 May 2020 15:01:17 -0400
Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced…
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Lufthansa to resume flights to 20 destinations from mid-June
Sun, 24 May 2020 14:22:39 -0400
Lufthansa , which is in talks with the German government over a 9 billion euro ($9.8 billion) bailout, will resume…
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Most publicly listed companies keep U.S. small-business aid loans
Sun, 24 May 2020 10:55:18 -0400
More than four-fifths of publicly listed companies that received emergency small-business loans from the U.S. government have held onto them,…
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Air France must slash domestic traffic in exchange for state guarantees -minister
Sun, 24 May 2020 07:41:33 -0400
Air France will have to "drastically" reduce its domestic air traffic in exchange for state loan guarantees, French Environment Minister…
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Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic
Sat, 23 May 2020 15:33:13 -0400
The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after…
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Jaguar seeks state loan as coronavirus pandemic takes toll: Sky News
Sat, 23 May 2020 10:54:38 -0400
Jaguar Land Rover is in talks with the British government about a request for temporary state funding of more than…
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Wall Street Week Ahead: Investors look beyond drug makers as hunt for COVID-19 treatment heats up
Sat, 23 May 2020 09:03:51 -0400
Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for Covid-19 has driven up prices…
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Large employers push back on U.S. healthcare mergers during coronavirus crisis
Sat, 23 May 2020 07:54:46 -0400
A group representing some of the largest U.S. employers has asked Congress for a year-long ban on mergers and acquisitions…
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Kuehne+Nagel owner sees about 20,000 job cuts: Die Welt
Fri, 22 May 2020 23:03:50 -0400
Freight-forwarder Kuehne+Nagel may cut more than 20,000 jobs, with warehouse workers most affected, as the coronavirus-caused economic crisis hits shipping,…
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Uber customer claims company won price-fixing suit because arbitrator was scared
Fri, 22 May 2020 22:03:23 -0400
An Uber customer on Friday asked a Manhattan federal judge to overturn an arbitration win for the company in a…
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U.S. agencies ask FCC to rescind Ligado spectrum decision
Fri, 22 May 2020 22:02:48 -0400
A group of U.S. agencies on Friday asked the Federal Communications Commission (FCC) to reconsider its unanimous April 22 decision…
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Business groups push Trump to keep skilled-worker visas amid pandemic
Fri, 22 May 2020 22:02:24 -0400
A range of business groups have made an 11th-hour appeal to U.S. President Donald Trump as he weighs whether to…
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Dozens of Chinese companies added to U.S. blacklist in latest Beijing rebuke
Fri, 22 May 2020 22:01:56 -0400
The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping…
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All 50 U.S. states shed jobs in April: Labor Department
Fri, 22 May 2020 22:01:30 -0400
Unemployment rates rose and total employment fell in all 50 U.S. states and the District of Columbia in April as…
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U.S. charges ousted Hollywood executive with defrauding pandemic loan program, BlackRock fund
Fri, 22 May 2020 22:00:41 -0400
U.S. prosecutors have charged the recently ousted owner of a Hollywood movie distributor with defrauding a federal coronavirus emergency relief…
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Automaker trade backs U.S. on effort to weaken fuel efficiency rules
Fri, 22 May 2020 22:00:12 -0400
A group representing many major automakers on Friday backed the Trump administration's decision to weaken Obama administration fuel efficiency standards…
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U.S. grants tentative OK for 15 air carriers to suspend service to 75 airports
Fri, 22 May 2020 20:38:08 -0400
The U.S. Transportation Department said late on Friday it had granted tentative approval to 15 airlines to temporarily halt service…
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Wall Street ends mixed as China-U.S. tensions weigh
Fri, 22 May 2020 20:28:40 -0400
Wall Street ended mixed on Friday in a mostly tame finish to a week of strong gains, as investors gauged…
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United Airlines CEO Kirby's annual base salary lower than predecessor
Fri, 22 May 2020 18:12:45 -0400
United Airlines Holdings Inc said on Friday it would pay Chief Executive Officer Scott Kirby an annual base salary of…