T-Mobile completes merger with Sprint
T-Mobile US Inc said on Wednesday it officially completed the merger with Sprint Corp and the combined company will now operate under the T-Mobile name....
U.S. private payrolls post first drop in 2-1/2 years
U.S. private payrolls dropped in March for the first time in 2-1/2 years, likely as businesses shut down in compliance with strict measures to contain...
U.S. private payrolls post first decline in two-and-a-half years
U.S. private payrolls dropped in March for the first time in 2-1/2 years, likely as businesses shut down in compliance with strict measures by authorities...
Adidas apologizes for deferring store rent, will pay up
German sportswear maker Adidas apologizes on Wednesday for saying it would stop paying rent for stores around the world forced to close by coronavirus lockdowns...
Whiting begins Chapter 11 bankruptcy proceeding as oil prices hover at $20
Whiting Petroleum Corp said on Wednesday it had started Chapter 11 bankruptcy proceeding amid a rout in crude oil prices that has seen fuel plunge...
Exclusive: Germany ready to nationalise airline Condor – sources
The German government stands ready to take over Condor as a deal for the airline to be bought by Polish rival LOT is likely to...
Oil falls towards $25 as oversupply fears mount with U.S. inventory rise
Oil fell towards $25 a barrel on Wednesday, within sight of its lowest in 18 years, as a report showing a big rise in U.S....
Income funds sift for survivors as coronavirus cuts into dividends
As companies cut dividends in response to the financial havoc caused by the coronavirus, fund managers whose portfolios rely on the payouts are sifting for...
U.S. private payrolls post first decline since 2017
U.S. private payrolls dropped in March for the first time since 2017, likely as businesses shut down in compliance with strict measures by authorities to...
EU proposes short-time work scheme to avoid coronavirus lay-offs
The European Commision proposed a short-time work scheme on Wednesday modelled on Germany’s Kurzarbeit programme to help people keep their jobs as the coronavirus pandemic...