Trump leapfrogs back ahead of Obama in stock market gains
U.S. President Donald Trump is once again beating predecessor Barack Obama in stock market performance following a stunning recovery on Wall Street....
Amazon to offer permanent roles to 70% of 175,000 new U.S. hires
Amazon.com Inc plans to offer permanent jobs to about 70% of the U.S. workforce it has hired temporarily to meet consumer demand during the coronavirus...
Oil falls as surprise U.S. stock build douses demand recovery hopes
Oil prices fell on Thursday after U.S. industry data showed a surprise steep build in crude oil inventories, dampening hopes of a smooth recovery in...
GM, Ford turn to fast-payment programs to aid suppliers hit by shutdowns
General Motors Co and Ford Motor Co are using fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused...
Nissan plans to slash costs after first loss in 11 years
Nissan Motor Co outlined a new plan on Thursday to become a smaller, more cost-efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability...
Renault to take 3.6 billion euro hit from Nissan losses
French carmaker Renault said on Thursday that losses at its Japanese partner Nissan , in which it has a 43% stake, would drag on its...
EasyJet to cut 4,500 jobs to stay competitive after crisis
Britain’s easyJet plans to cut up to 4,500 jobs and shrink its fleet to adjust to the smaller travel market which is forecast to emerge...
Europe cheers super-sized stimulus plan, U.S.-China tensions simmer
European shares rose for the fourth straight session on Thursday and the euro perched at a two-month high, as businesses returning to work and a...
Nissan sets out survival plan after first loss in 11 years
Nissan Motor Co unveiled a plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling...
Safran shares lifted by Boeing 737 MAX restart plan
Safran shares rose on Thursday after Boeing said it would restart production of its 737 MAX jet and announced further cost-cutting measures....