Honda back to work in China’s Wuhan with temperature checks and masks
Temperature checkpoints and posters telling workers to keep more than a metre apart at Japanese automaker Honda Motor Co’s reopened plant in the Chinese city...
Britain’s Tesco warns coronavirus costs could top $1 billion
Britain’s biggest retailer Tesco estimated a hit of up to 925 million pounds ($1.1 billion) from the costs of dealing with the coronavirus pandemic and...
BMW to start producing face masks
German carmaker BMW will start producing face masks to help protect its own staff and the public against the spread of the new coronavirus, Chief...
Global stocks turn negative as virus death toll mounts
World stocks turned negative on Wednesday as the coronavirus death toll mounted and euro zone finance minister failed to agree a rescue package to help...
Dollar gains on rising coronavirus crisis concerns
The dollar firmed on Wednesday as optimism that the coronavirus crisis was slowing waned, increasing investor concerns over the economic impact of the pandemic....
BAE Systems to raise $1.3 billion in debt to fund pension deficit
Britain’s BAE Systems is looking to raise $1.3 billion in debt to fund its pension deficit and repay related loans, the company said on Wednesday,...
Figure of $6.5 billion in loans for Air France KLM ‘not unrealistic’: minister
A figure of 6 billion euros ($6.5 billion) in loans to help Air France KLM amid the coronavirus crisis is “not unrealistic”, French junior transport...
French carmaker PSA sets up fund for staff and new health check measures
French carmaker and Peugeot owner PSA announced on Wednesday the creation of a solidarity fund to help staff affected by the closures of plants due...
BAE Systems plans to raise $1.3 billion in bonds due 2030
Britain’s BAE Systems is seeking to raise $1.3 billion in bonds to fund its employee benefit plans and repay debt, the company said on Wednesday,...
Oil rises as markets eye OPEC, Russia meeting on output cuts
Oil rebounded on Wednesday after a two-day fall, lifted by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output...