Lufthansa CEO sees smaller fleet and reduced staff after crisis
Lufthansa expects it will operate 100 fewer aircraft with 10,000 fewer staff after the coronavirus crisis ends, its chief executive Carsten Spohr told employees on...
Ireland should consider forcing Google, Facebook to pay media for content: PM
The Irish government should consider copying Australia’s plan to force Facebook Inc and Alphabet Inc’s Google to share advertising revenue with local media, Prime Minister...
Hoarding for lockdown drives best Nestle sales growth in years
Swiss food giant Nestle reported its best quarterly sales growth in nearly five years on Friday as consumers stockpiled anything from Purina pet food to...
Insurers feel the heat as chefs, Trump join calls for payouts
Daniel Duckett, owner of the Lazy Claire patisserie in Belfast, was hoping for an insurance payout of up to 100,000 pounds ($123,460.00) to cover losses...
U.S. core capital goods orders post surprise gain in March
New orders for key U.S.-made capital goods unexpectedly rose in March, but the gains are not likely to be sustainable amid the novel coronavirus outbreak,...
S&P 500 gains on hopes of lockdown easing; Boeing, Intel weigh on Dow
The S&P 500 edged higher in choppy trading on Friday as some states prepared to relax curbs imposed to contain the coronavirus outbreak, but declines...
FCA to resume preparatory operations at Melfi plant in Italy from Monday
An average of 750 workers of Fiat Chrysler Melfi assembly plant in southern Italy will be back to work next week to prepare the facility...
AT&T announces John Stankey will become CEO on July 1
AT&T Inc said Friday that Chief Operating Officer John Stankey will take over as chief executive officer, effective July 1....
Oil heads for another weekly slide after coronavirus turmoil
Oil prices rose on Friday, but were on course for their third straight weekly loss as production shutdowns failed to keep pace with the collapse...
As U.S. coronavirus death toll nears 50,000, Georgia forges ahead with reopening
With the U.S. coronavirus death toll nearing 50,000, Georgia pushed ahead with its plan to become the first state to allow an array of small...