Japan’s first-quarter GDP shrinks less than initial estimate but still faces steep recession
Japan’s economy shrank less than initially estimated in the first quarter but the broad impact from the coronavirus crisis is still expected to send the...
Instant View: Japan’s economy set for worst postwar slump despite capex gains in first-quarter GDP
Japan’s economy shrank less than initially estimated in the first quarter, revised data showed on Monday, but the broad impact from the coronavirus crisis is...
Samsung heir appears in court for arrest warrant hearing
Samsung Group heir Jay Y. Lee appeared in court on Monday for a hearing to determine whether he should be jailed over allegations of accounting...
World shares advance on surprise U.S. job recovery
U.S. stock futures and Asian shares advanced on Monday after a surprise recovery in U.S. employment gave further confidence of a quick economic recovery after...
Court to decide whether to jail embattled Samsung heir again
A South Korean court will rule as soon as Monday whether to send Samsung Group heir Jay Y. Lee back to jail after more than...
Lufthansa CEO promises Germans a ‘homecoming guarantee’
Lufthansa will bring home any Germans it flies abroad on vacation, Chief Executive Carsten Spohr said in a newspaper interview, seeking to assuage holidaymakers’ concerns...
BA, Ryanair, easyJet protest over ‘wholly unjustified’ UK quarantine plan
Three airlines have written to the British government in protest at its “wholly unjustified and disproportionate” quarantine rules for most international arrivals from Monday, a...
Emirates, Etihad extend temporary salary cuts to September
Gulf carriers Emirates and Etihad Airways are extending the period of reduced pay for their staff until September as they try to preserve cash during...
AstraZeneca approached Gilead about potential merger – Bloomberg News
AstraZeneca Plc has approached rival drugmaker Gilead Sciences Inc about a potential merger, Bloomberg News reported on Sunday, citing people familiar with the matter....
Rosneft says no change to dividend policy despite lower state stake
Russia’s largest oil producer Rosneft said on Sunday it planned to maintain a dividend policy of paying out half of its net profit despite the...