German carmakers had crisis call with Merkel: Handelsblatt
The bosses of Volkswagen , BMW and Daimler held a crisis call with German Chancellor Angela Merkel on Wednesday to discuss how to get production...
H&M in talks with tens of thousands of staff to cut working hours due to pandemic
Sweden’s H&M said on Thursday it was in talks with tens of thousands of its staff about shortening working hours with the firm among many...
Bayer says glyphosate settlement talks delayed by coronavirus-Handelsblatt
Talks between Bayer AG and plaintiff lawyers to settle claims that the German company’s glyphosate-based weedkillers cause cancer have been slowed by the coronavirus pandemic,...
WeWork troubles deepen as SoftBank pulls $3 billion tender offer
SoftBank Group Corp said it has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders, drawing threats of legal...
BA in union talks to suspend around 32,000 staff: source
British Airways is in talks with its union about a plan to suspend around 32,000 staff in response to the coronavirus pandemic, a person familiar...
Pandemic fears curb stocks as markets wait on U.S. jobs test next
Asian share markets were pinned down on Thursday, haunted by the rising U.S. coronavirus death toll, and with investors braced for more signs of economic...
SoftBank terminates $3 billion WeWork tender offer
SoftBank Group Corp said it has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders, including ousted co-founder Adam...
Delivery Hero takes steps to support struggling restaurants
Delivery Hero , one of the world’s top online food delivery marketplaces, announced measures on Thursday to support restaurants that are trying to survive coronavirus...
Boeing to offer voluntary layoffs to employees amid coronavirus fallout: sources
Boeing Co is set to offer buyout and early retirement packages to employees, two people familiar with the matter said on Wednesday, a bid to...
Trump says expects Russia-Saudi oil deal soon, invites US oil chiefs to White House
U.S. President Donald Trump said he has invited U.S. oil executives to the White House to discuss ways to help the industry “ravaged” by slumping...