Turkey held talks with U.S. over possible Fed swap line: Turkish officials
Turkey has held talks with the United States about possibly securing a swap line from the Federal Reserve and has discussed other funding options to...
Trump: ‘Have to save the airlines!’
U.S. President Donald Trump said on Friday that American airlines must be saved, as his administration prepares to give them details this weekend about the...
Russia’s Putin to hold new talks on oil – TASS
Russian President Vladimir Putin said on Friday he was planning to hold new talks on oil prices after phone calls with U.S. President Donald Trump...
Saudi, Russia seek to finalise oil cuts in G20 talks, want U.S. involved
Saudi Arabia, Russia and their allies will press Mexico on Friday to join an accord for collective oil production cuts equivalent to 10% of global...
Trump says he is speeding help to farmers hurt by coronavirus dislocation
U.S. President Donald Trump said on Thursday he has directed his agriculture secretary to expedite help to farmers, especially small farmers, hurt by the economic...
Nissan restructuring may assume cut of 1 million cars to annual sales target: sources
Nissan Motor Co Ltd’s management has become convinced the struggling automaker needs to be much smaller and a restructuring plan due out next month would...
Airbus shelves plan to add new A321 assembly line
Airbus has shelved plans to create a new assembly line in Toulouse, France, for its A321 airliner as the company wrestles with the coronavirus crisis....
Renault chairman: could seek 4-5 billion euros worth of bank loans
Renault Chairman Jean-Dominique Senard said on Friday that the carmaker could seek bank loans worth 4-5 billion euros ($4.4-$5.4 billion)....
Japan’s battle with pandemic may mark end of Abe’s fiscal experiment
The huge cost of the coronavirus pandemic is upending Japan’s seven-year experiment to rescue the economy from its debt timebomb, as recession fears prompt calls...
Tesla expands locally made line-up, blunting trade war impact
U.S. electric vehicle maker Tesla Inc said on Friday it has started China sales of two more Model 3 variants built at its Shanghai plant,...