As lockdowns ease, a Bronx nail salon plans a careful reopening
When Yahaira Caraballo opened her nail salon in the Bronx, New York nearly seven years ago, it was a bare-bones shop with two nail technicians....
Volkswagen pumps 2 billion euros into China electric vehicle bet
Volkswagen AG plans to boost its electric push in China, the world’s biggest auto market, by pumping 2.1 billion euros in two Chinese electric vehicle...
Ukraine expects $5 billion IMF loan approval on June 5 – PM
Ukraine expects the International Monetary Fund (IMF) to approve a $5 billion (4.05 billion pounds) loan package at a board meeting on June 5 and...
SoftBank leads $500 million fundraising for Didi’s self-driving unit
China’s Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by...
Japan backs nearly a third of $6.6 billion loans to Nissan: sources
The Japanese government has guaranteed almost a third of the 7l3 billion yen ($6.65 billion) in loans Nissan Motor Co has secured from its main...
Global stocks slip as investors await Trump’s Hong Kong response
Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington’s response to China tightening...
Exclusive: Russia’s Rosneft finds extended oil cuts painful – sources
Rosneft does not have enough crude to ship to buyers with which it has long-term supply deals, making it hard for the Russian company to...
Virgin Australia administrator to shortlist two bidders early next week
The administrator of Virgin Australia Holdings expects to shortlist two preferred bidders early next week after parties on Friday confirmed non-binding indicative proposals to acquire...
German official sees Lufthansa bailout in reach, demands fairness
The Berlin government is likely to reach a deal with Brussels on a $10 billion government bailout of stricken airline Lufthansa , senior government official...
Renault to restructure French factories in bid to slash costs
Renault said on Friday it was launching talks with unions to restructure several French car plants, potentially leading to closures, as it confirmed plans to...