Fiat Chrysler’s dealers, mechanic workshops to reopen on Monday
Fiat Chrysler said on Thursday its Italian network of approved dealers and mechanic workshops would reopen on May 4, when the country is set to...
Oil prices rise on early signs of pick up in fuel demand
Oil prices jumped on Thursday, lifted by signs that the U.S. crude glut is not growing as quickly as expected and of a rise in...
Audi’s 2020 outlook ‘significantly below’ last year amid coronavirus
Audi , a unit of Volkswagen , said on Thursday it saw deliveries, revenue and operating profit “significantly below” last year as the coronavirus outbreak...
Airbus in talks with French state, no liquidity concerns at present, says CEO
European planemaker Airbus is in talks with the French state regarding possible support for aircraft deliveries, even though it has no liquidity problems at present,...
Shell cuts dividend for first time since World War Two
Royal Dutch Shell cut its dividend for the first time since World War Two on Thursday as the energy company retrenched in the face of...
Reckitt Benckiser’s sales surge on coronavirus disinfectant boom
Reckitt Benckiser achieved record sales growth in the first quarter and predicted a stronger than expected performance in 2020 as customers stocked up on Lysol...
Cargill expands plant-based protein food for China
U.S. agribusiness giant Cargill said on Thursday it will introduce a range of plant-based food products to China following a successful trial of plant-based nuggets...
Exclusive: Nissan shakes off virus woes in China sales with rebound in April – sources
Nissan Motor Co’s vehicle sales in China this month almost recovered to the prior year’s level after a coronavirus-related 45% plunge in March, two sources...
Malaysia Airlines working with Khazanah for financial support, parent co says
Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support needed due to the coronavirus crisis, it said on Thursday....
Exclusive: Thai Airways to seek $1.8 billion emergency loan to navigate virus impact – document
Thai Airways International PCL aims to seek a 58.1 billion baht ($1.80 billion) emergency loan to maintain liquidity and see it through a coronavirus-induced drop...