Imperial’s premium cigar era draws to $1.33 billion end after slow burn sale
Imperial Brands is withdrawing from the premium cigar business to focus on vaping, with a 1.23 billion euro ($1.33 billion) sale of hand-rolled makes including...
U.S. banks gird for mad grab of another $310 billion in new small business aid
U.S. banks were girding on Monday for another chaotic dash to grab $310 billion in fresh small business aid due to be released by the...
Wall Street set to rise as U.S. starts to reopen, Boeing gains
Wall Street was set to rise at the open on Monday as more states prepared to lift coronavirus-induced curbs and Boeing gained after pulling out...
Thai Airways to press ahead with maintenance facility after Airbus withdraws
State-owned Thai Airways International Pcl will press on with a project to build a $339 million maintenance facility east of Bangkok after partner Airbus dropped...
Brazil’s Embraer files arbitration proceedings against Boeing after deal collapse
Brazil’s Embraer SA has already begun an arbitration process against Boeing Co , its CEO said on Monday, after the U.S. planemaker canceled a $4.2...
EasyJet’s battle with founder heads for May 22 showdown
EasyJet’s battle with its founder and biggest shareholder Stelios Haji-Ioannou will come to a head on May 22, when the results of an investor vote...
Futures gain as more states prepare to ease lockdown
U.S. stock index futures rose on Monday as more states looked set to lift coronavirus-induced curbs, and investors awaited earnings reports from marquee companies including...
GM suspends dividend, share buybacks as coronavirus hits sales
General Motors Co said on Monday the automaker has suspended its quarterly cash dividend on its common stock and its share buybacks to save cash...
Volkswagen re-starts Europe’s largest car factory after coronavirus shutdown
VW the world’s largest carmaker by sales, resumed work at its biggest factory in Wolfsburg, Germany, on Monday even as inventory levels across the industry...
Norway now in formal talks with Thyssenkrupp over new submarines
Norway has started formal talks with the shipbuilding division of Thyssenkrupp for the construction of new submarines and expects to conclude the negotiations this year,...