Wall Street tumbles on fears of new virus wave, Fed’s cautious outlook
U.S. stocks slumped on Thursday with the S&P 500 and the Dow set for their steepest percentage declines since April 1, as investors fretted over...
Just Eat Takeaway’s $6 billion Grubhub grab tests growth limits
Just Eat Takeaway said on Thursday its proposed $6 billion takeover of Grubhub to create a trans-Atlantic giant would give it the upper hand in...
S&P 500 falls 3% on new virus wave fears, Fed’s cautious outlook
U.S. stocks extended losses on Thursday, with the S&P 500 on track for its sharpest percentage decline since April 1, as investors worried about a...
U.S. layoffs abating, labor market distress persists
The number of Americans seeking jobless benefits fell last week, but millions laid off because of COVID-19 continue to receive unemployment checks, suggesting the labor...
Volkswagen blames cultural insensitivity for ad criticised as ‘racist’
Volkswagen on Thursday apologised for posting on its Instagram page last month an advert widely criticised as “racist”, and said it was published because of...
Wall Street lower on fears of new virus wave, Fed’s cautious outlook
The S&P 500 and the Dow Jones hit a one-week low on Thursday, after a sharp climb over the past month, as investors worried about...
VW blames cultural insensitivity for ad criticised as ‘racist’
Volkswagen on Thursday apologised for posting on its Instagram page last month an advert widely criticised as “racist”, and said it was published because of...
British Airways turns to Damien Hirst in its hour of need
British Airways will sell at least 10 works of art that normally hang in its executive lounges, a source said, turning to pieces by famous...
Delta rolling out COVID-19 testing for all employees
Delta Air Lines Inc is launching next week a program to test employees for active COVID-19 and antibodies under a partnership with the Mayo Clinic...
Wall Street slides at open on fears of second virus wave
U.S. stocks opened sharply lower on Thursday with the Nasdaq falling after a four-day rally on fears of a second wave of coronavirus infections and...