Key U.S. lawmaker pushes for a ban on mergers until coronavirus pandemic ends
The chair of the House Judiciary Committee’s antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a...
Ryanair must be clear about full ticket price: EU court
Ryanair must indicate the full price of the ticket when it displays offers on its website, the European Union’s top court said on Thursday, although...
U.S. House meets to pass $500 billion in coronavirus relief as unemployment soars
Hundreds of members of the U.S. House of Representatives gathered in Washington on Thursday to pass a $484 billion coronavirus relief bill, bringing the unprecedented...
Wall Street pares gains as business activity crashes
Wall Street pared gains slightly on Thursday as business activity plumbed new record lows in April with the novel coronavirus disrupting manufacturing and services industry...
Global equities edge higher on oil rebound, stimulus hopes
Global equity benchmarks edged higher Thursday as investors weighed an ongoing rebound in oil prices against stark economic data from Europe and the United States...
U.S. business activity hits fresh record lows amid coronavirus lockdowns
U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted...
Empty kitchens, closed stores: Small China firms struggle to cope with epidemic fallout
Ma Xinli has shut four of his clothing stores and expects to close another three by mid-June. Unsold winter stock is now hard to sell,...
Millions of Americans join unemployed ranks as coronavirus ravages economy
A stunning 26.5 million Americans have sought unemployment benefits over the last five weeks, confirming that all the jobs gained during the longest employment boom...
Air France-KLM says CEO Ben Smith to give up 2020 bonus
Air France-KLM Chief Executive Ben Smith will give up his 2020 bonus, the airline group said on Thursday as it negotiates financial aid from the...
Wall Street gains on hopes worst for U.S. labor market over
U.S. stock markets climbed higher at the open on Thursday as jobless claims declined for a third straight week, raising hopes that the worst of...