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…
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…
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…
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,…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…