Wall Street gripped by fears of fresh virus wave
U.S. stocks dropped on Monday after a spike in new coronavirus cases in China and parts of the United States dampened hopes of a swift...
GE picks Embraer planemaking chief to run aviation unit
General Electric Co on Monday tapped the planemaking head of Brazil’s Embraer to run its key aircraft engines division on Monday, as the global aviation...
LSE offers no concessions to avert deeper EU probe of Refinitiv deal: sources
The London Stock Exchange will not offer concessions to EU antitrust regulators reviewing its $27 billion bid for data and analytics company Refinitiv, two people...
For shrinking stock markets, corona crisis looks like a turning point
The coronavirus crisis is likely to reverse a decade-long trend of shrinking equity supply that helped to power the longest bull market in history as...
Fears of fresh virus wave hit Wall Street, S&P 500 slips below 3,000 points
Wall Street’s main indexes slumped with the S&P 500 falling below 3,000 points on Monday after a spike in new coronavirus cases in China and...
United Airlines pledges loyalty program for $5 billion loan
United Airlines said on Monday it is pledging its MileagePlus frequent flyer program for a new $5 billion loan aimed at further buffering its liquidity,...
Carmaker PSA cuts back on transfer of Polish workers to French plant
France’s PSA , the maker of Peugeot cars, on Monday said it would only transfer a small group of Polish workers to help out in...
UAW president, U.S. prosecutor to meet for union reform talks on June 30
United Auto Workers (UAW) President Rory Gamble will meet Matthew Schneider, the U.S. attorney for the Eastern District of Michigan, at the end of the...
Goldman Sachs increases COVID-19 federal aid commitment by $250 million
Goldman Sachs Group Inc on Monday pledged an additional $250 million to fund the federal aid program to help businesses hurt by the COVID-19 pandemic....
PM Orban says government ready to help Audi to allow Hungarian plant run at full capacity
Hungary is ready to give financial support to Audi to allow its Hungarian manufacturing plant to run at full capacity in the wake of the...