AB Volvo to cut white-collar workforce by 4,100 jobs as pandemic weighs
Truck- and construction equipment maker AB Volvo plans to cut its white-collar workforce by around 4,100 positions during the second half of 2020, it said...
Wall Street surges after record rise in May retail sales
U.S. stocks jumped on Tuesday after a record rise in May retail sales revived hopes of a swift post-pandemic economic rebound, with sentiment also lifted...
European airlines face longer haul to recovery
A patchwork of national restrictions and a reluctance among travellers to cross borders mean European airlines face a bumpier return to the skies from coronavirus...
Stock tear higher on record U.S. retail sales rebound
Global stocks were back firing on all cylinders on Tuesday as a record rebound in U.S. retail sales and fresh support from the Federal Reserve...
Wall Street surges at open on record rise in May retail sales
U.S. stocks jumped at the open on Tuesday after a record rise in May retail sales revived hopes of a swift post-pandemic economic rebound, with...
AB Volvo to reduce white-collar workforce by 4,100 in second half of 2020
Truck- and construction equipment maker AB Volvo plans to cut its white-collar workforce by around 4,100 positions during the second half of 2020, it said...
U.S. retail sales post record increase; big hole remains
U.S. retail sales increased by the most on record in May after two straight months of sharp declines as businesses reopened, offering more evidence that...
Wall Street set to jump after record rise in May retail sales
Wall Street was set to jump on Tuesday after a record rise in May retail sales revived hopes of a swift post-pandemic economic rebound, with...
More senior executives leave Embraer as dust settles over failed Boeing deal
Four senior executives are leaving Embraer SA , in addition to its commercial aviation chief, in the wake of a failed deal with Boeing Co...
U.S. retail sales post record resurgence in May
U.S. retail sales experienced a record rise in May as 2.5 million Americans went back to work and people began moving about more freely, although...