Fiat Chrysler resumes van production in Atessa, some other Italian operations
Fiat Chrysler resumed van production on Monday at its Atessa plant in central Italy, a week before the country plans to start lifting a national...
Wall Street gathers steam as U.S. states prepare to reopen
U.S. stock markets jumped more than 1% on Monday as more states prepared to ease stay-at-home orders and investors geared up for one of the...
Embraer takes Boeing to arbitration over failed deal as shares plummet
Brazil’s Embraer SA on Monday said it had begun an arbitration process against Boeing Co , after the U.S. planemaker abruptly canceled a $4.2 billion...
Wall St gains as U.S. states start to reopen
U.S. stock markets rose on Monday as more states prepared to lift coronavirus-induced curbs and investors geared up for the busiest week of quarterly earnings...
Boeing negotiation for Embraer’s commercial division ‘no longer helpful’: CEO
Boeing Co reached a point where negotiation for Embraer’s commercial aerospace division “was no longer helpful,” chief executive Dave Calhoun told shareholders on Monday at...
Nissan plans to slash Japan May car output by 78% vs last year, June: documents
Japan’s Nissan Motor Co Ltd plans to slash the number of cars it produces at home in May by 78% from last year, as the...
U.S. oil plunges, Brent below $20 a barrel on storage, economic woes
Oil prices slumped again on Monday on concerns over scarce storage capacity, especially in the United States, and global economic doldrums from the coronavirus pandemic....
Shares rise on lockdown easing hopes; oil drops
Global stock markets rose on Monday as investors cheered news that more countries and U.S. states were looking to ease lockdowns and the Bank of...
Buffett and Abel, but not Munger, to field questions at Berkshire annual meeting
Warren Buffett’s Berkshire Hathaway Inc will hold a truncated virtual annual meeting on Saturday where its billionaire chairman will be present but his longtime Vice...
Europe restarts car factories amid uncertain demand
German carmaking giant Volkswagen resumed production at its biggest factory on Monday as part of a broader industry drive to get back to work in...