Explainer: U.S. payroll protection program: What has changed in round two?
The Small Business Administration (SBA) on Monday will release $310 billion in funds for the second round of its program that aims to help small...
EasyJet calls shareholder meeting under pressure from founder Stelios
Britain’s easyJet said it will hold a general meeting of investors on May 22 to consider resolutions put forward by its biggest shareholder and founder...
GE’s coronavirus troubles likely to hit power business, not just aviation
Quarantines and lockdowns at large U.S. power plants are threatening to squeeze a multibillion-dollar slice of revenue that General Electric Co is counting on to...
Adidas says worse to come as profits and sales plunge
Adidas warned of an even deeper hit to second-quarter sales and profits from coronavirus lockdowns after the German sportswear firm reported worse-than-expected first-quarter results and...
Scrutiny mounts on China’s Luckin Coffee as market regulator inspects
China’s top market regulator has launched an inspection into Luckin Coffee , joining the country’s securities watchdog in doing so as the coffee chain comes...
Nissan to slash Japan production by 70% in May, 43% in June: documents
Japan’s Nissan Motor Co Ltd will slash its domestic auto production plans by 70% in May and 43% in June, documents seen by Reuters show,...
Broadcom offers to settle EU antitrust probe into exclusivity deals
U.S. chipmaker Broadcom has offered to settle an EU antitrust investigation into its exclusivity deals with TV and modem makers, EU antitrust regulators said on...
Oil prices skid on oversupply, storage concerns
Oil prices fell on Monday on concerns about scarce storage capacity and global economic doldrums from the coronavirus pandemic....
Allianz agrees bankassurance deal with BBVA: sources
German insurer Allianz has struck a deal to invest in the bancassurance business of Spanish lender BBVA , two sources close to the matter told...
Lufthansa, Air France-KLM shares rise on bailout progress
Shares in Air France-KLM and Lufthansa led European stock market gains on Monday on hopes that government bailouts would see them through the coronavirus crisis....