Bridgestone to suspend 11 Japanese plants during late April-early May
Japanese tyremaker Bridgestone Corp said on Monday it will suspend operations at its 11 domestic plants, including 8 tyre factories, from late April to early...
Coronavirus pushes Latin America’s budding startups into survival mode
The chief executive of Colombian food technology startup Muy had expected to spend the past few weeks gearing up to raise a dollop of fresh...
China’s top brokerage hires Vanguard ex-Asia boss for global drive
China’s Citic Securities Co. , has hired Charles Lin, the former Asia head of Vanguard Group, to be vice chairman of Hong Kong unit CLSA,...
Germany to grant rescue liquidity for carrier Condor: sources
Germany has agreed in principle to support struggling carrier Condor with emergency liquidity after the owner of Poland’s national airline LOT pulled out of a...
Branson says Virgin Atlantic will need UK government help to survive
Virgin Atlantic will only survive the coronavirus outbreak if it gets financial support from the British government, the airline’s founder Richard Branson said on Monday....
Virgin Australia poised to enter voluntary administration: reports
Virgin Australia Holdings is poised to enter voluntary administration, local media reported on Monday, with the cash-strapped airline unable to weather the coronavirus crisis because...
Volkswagen settles emissions class action with three-quarters of claimants
Volkswagen has reached settlements with 200,000 of the 260,000 claimants participating in a class action lawsuit brought by German consumer group VZBV over the carmaker’s...
Oil falls as stocks fill, earnings set to shrink
Oil prices fell on Monday, depressed by concerns U.S. storage facilities will soon be full as the novel coronavirus pandemic destroys demand and as companies...
Shares turn cautious as U.S. crude gets crushed
Caution recaptured world markets on Monday as another drubbing for U.S. crude oil futures kicked off a week of data and earnings that will drive...
Danske Bank board proposes no dividends be paid for 2019
Danske Bank’s board of director will propose that no dividends be paid for 2019, it said in a statement on Monday....