Mexico auto sector to resume operations once U.S. industry gears up
Mexican President Andres Manuel Lopez Obrador said on Wednesday the domestic auto sector can resume operations shortly after the U.S. industry gears up from a...
Russia, Saudi to debate oil output cuts as U.S. resists joining
OPEC and Russia meet on Thursday to try to agree to record oil output cuts but their efforts to address the slump in prices wrought...
U.S. senators question Amazon CEO about firing of warehouse protest leader
Five Democratic lawmakers on Wednesday wrote Amazon.com Inc to raise concern about its firing of a worker who protested warehouse operations during the coronavirus pandemic,...
Asia shares set to follow Wall Street’s rally
Asian shares were poised to track Wall Street’s gains on Thursday on hopes the coronavirus pandemic is nearing a peak and that governments would roll...
Exclusive: Airbnb to restrict bookings on its platform in Britain
Home rental firm Airbnb will block British bookings on its platform for the vast majority of customers on Thursday, allowing only key workers to stay...
U.S. crude futures up 5% ahead of OPEC+ meeting
U.S. crude futures rose as much as 6% in early trade on Thursday on expectations the world’s largest oil producers would agree to cut production...
U.S. crude futures rise 6% at open
U.S. crude futures rose as much as 6% in early trade on Thursday ahead of a crucial meeting between the Organization of the Petroleum Exporting...
Starbucks sees 47% drop in second-quarter earnings on coronavirus hit
Starbucks Corp on Wednesday forecast a 47% drop in second-quarter earnings, scrapped its full-year forecast and warned that the financial hit from the coronavirus pandemic...
Fed’s Kaplan sees U.S. growth returning in second half, but consumers staying cautious
The U.S. economy is headed for a return to growth in the second half of the year after a steep decline this quarter, Dallas Federal...
Streaming service Disney+ crosses 50 million paid subscribers mark globally
Walt Disney Co said on Wednesday Disney+ has garnered over 50 million paid users globally, with 8 million of them coming from India where the...