U.S. senators hold call with Saudi officials urging them to put oil cut in motion
Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three...
Air France in talks with French govt over emergency funding: Les Echos
Air France KLM has requested several billion euros of emergency funds from the French state while it negotiates a loan package from banks, which would...
Staff mailboxes at Italy’s Monte dei Paschi suffer hacker attack: document
Hackers have accessed the mailboxes of some employees at Italian state-owned bank Monte dei Paschi ‹BMPS.MI› and sent emails to clients, according to a notice...
EU puts anti-dumping duties on stainless steel from China, Indonesia and Taiwan
The European Commission has imposed provisional anti-dumping duties on some stainless steel products from China, Indonesia and Taiwan, according to the official EU journal, nearly...
Siemens CEO rules out job cuts from coronavirus impact
Siemens will not cut its workforce because of the economic downturn triggered by the new coronavirus, Chief Executive Joe Kaeser said, although short-time working measures...
Honeywell renews $1.5 billion revolving credit agreement
Honeywell International Inc said on Friday it had renewed a revolving credit agreement for $1.5 billion, to be used for general corporate purposes when needed....
Boeing hires Lazard, Evercore to assess government aid or private loans: source
Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential U.S. government assistance or private sector loans, a person briefed on the...
Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19
U.S. aero parts maker Triumph Group Inc said it was furloughing about 2,300 employees across its U.S. and European plants for two to four weeks...
U.S. approves $168 billion of small business loans under coronavirus plan: Kudlow
The United States has approved 661,000 loans to small businesses totaling $168 billion under a program to address the fallout from the novel coronavirus epidemic,...
Treasury wants warrants, repayment from major U.S. airlines on 30% of grant money: sources
U.S. Treasury Secretary Steven Mnuchin told major airlines on Friday he wants them to repay some of the $25 billion in cash grants the U.S....