Saudi-led coalition in Yemen calls for end to escalation in south
The Saudi-led coalition engaged in Yemen on Monday urged a main separatist group that declared self-rule in the south to rescind its move, saying it...
German companies call for COVID-19 aid to be tied to climate action
German companies including ThyssenKrupp, Salzgitter, Bayer, Covestro, E.ON, HeidelbergCement, Puma, Allianz and Deutsche Telekom have called for coronavirus-related state aid to be tied to climate...
Adidas misses forecasts with 93% profit plunge, warns on sales
Adidas reported a 93% plunge in first-quarter profit and sales off 19%, missing forecasts, and warned of a deeper hit to second-quarter revenue as lockdowns...
Oil prices skid on oversupply, storage capacity fears
Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not come fast enough to...
China says all virus patients in Wuhan discharged
A Chinese health official told reporters on Sunday that all coronavirus patients in Wuhan, where the outbreak first emerged in December, have now been discharged,...
Norwegian Air’s debt plan sharply dilutes stake of current owners
Norwegian Air’s proposed financial rescue plan could leave current shareholders with a combined ownership stake of just 5.2%, details of its proposed debt-to-equity swap showed...
VW re-starts Europe’s largest car factory after coronavirus shutdown
Volkswagen the world’s largest carmaker by sales, on Monday said it had resumed work at its biggest factory in Wolfsburg, Germany, to give its workers...
No decision yet on state aid for Germany’s Lufthansa: minister
Berlin will decide on state support for Lufthansa once the country’s largest airline applies for aid and all facts are on the table, the German...
Back at work, British PM Johnson faces lockdown Catch-22
Prime Minister Boris Johnson returns to work on Monday to the biggest dilemma of his premiership: how to lift the coronavirus lockdown that is destroying...
French police watchdog to probe alleged racist incident: minister
France’s IGPN internal police watchdog will investigate an incident of alleged racist behaviour by police officers in the Ile-Saint-Denis area near Paris, Interior Minister Christophe...