Futures slump as stimulus high fades, Boeing tumbles
U.S. stock index futures tumbled on Wednesday, pointing to another volatile session for Wall Street as a bounce from sweeping stimulus measures was eclipsed by...
Impact of virus turmoil would hit Deutsche Bank later this year, not in first-quarter: executive
The impact of the current turmoil related to the coronavirus is more likely to affect Deutsche Bank later this year rather than in the first...
Japanese automakers close more plants in Europe, Asia due to virus
Japanese automakers on Wednesday said they would temporarily close more vehicle plants in Europe and Asia as the spread of the coronavirus prompts countries to...
Chairman of Santander’s Portuguese unit dies from coronavirus
The chairman of the Portuguese unit of Spain’s largest bank, Santander, Antonio Vieira Monteiro, died from the coronavirus on Wednesday, the second victim of the...
Fiat again halts Atessa, its only functioning assembly site in Europe
Fiat Chrysler has again halted its Atessa plant in Italy due to disruptions in parts supply linked to the coronavirus outbreak, after it was reopened...
Nissan to stop producing cars in Indonesia as part of reorganisation plan
Nissan Motor Co on Wednesday said it would stop producing vehicles in Indonesia, consolidating its global production in the face of falling sales which has...
Emirates asks pilots to take unpaid leave, Qatar Airways lays off staff
Middle East airline Qatar Airways laid off about 200 Filipino staff in Doha this week and rival Emirates asked pilots to take unpaid leave as...
Goldman tells staff in Americas, EMEA to work from home after two coronavirus cases found
Goldman Sachs has instructed most of its staff in the Americas, Europe, Middle East and Africa to work from home from Wednesday until further notice,...
Futures slide again as stimulus high fades
U.S. stock index futures tumbled on Wednesday, pointing to another volatile session for Wall Street on fears that even dramatic stimulus measures would not be...
German retailers plead for state aid as stores close
Germany’s HDE retail association called on Wednesday for the government to give immediate state aid and tax relief to stop businesses going bust as stores...