Renault chairman dismisses fears over potential Maubeuge closure
Renault has no plans to close its Maubeuge plant in northern France, Chairman Jean-Dominique Senard said on Sunday, two days after the carmaker announced 15,000...
EU trade commissioner Hogan mulling candidacy for WTO chief
European trade commissioner Phil Hogan is considering putting his name forward as a candidate to be the next director-general of the World Trade Organization, his...
Investors eye consumer discretionary stocks as U.S. reopens
Investors are taking a closer look at the market’s consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for some of...
Workers nervously eye return to Lear’s coronavirus-hit plant in Mexico
Lear Corp is implementing costly safety measures that may hurt productivity at its operations in Mexico after suffering the deadliest known factory-related coronavirus outbreak in...
Credit Suisse’s Rohner sees no big hit from oil & gas exposure: SRF
Credit Suisse will not take a significant hit from its exposure to the battered oil and gas sector, Chairman Urs Rohner told Swiss state broadcaster...
Lufthansa accepts tweaked demands by Brussels over state bailout
Lufthansa’s management board has accepted a more favourable set of demands from the European Commission in exchange for approval of a 9 billion euro ($10...
U.S. pipeline operator Energy Transfer warns of coming job cuts
U.S. pipeline operator Energy Transfer LP will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak oil and gas...
Exclusive: Zoom plans to roll out strong encryption for paying customers only
Zoom , the video conferencing provider whose business has boomed with the COVID-19 pandemic, plans to strengthen encryption on video calls made by paying clients...
Edging closer to bailout, Lufthansa accepts tweaked demands by Brussels
Lufthansa’s management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a 9 billion euro ($10...
United Airlines cutting 13 top jobs, adding international flights in July
United Airlines Holdings Inc said on Friday it will eliminate 13 officer positions even as it adds international flights back to its network, part of...