Renault and Nissan rebuild their alliance to ride out the coronavirus storm
When Renault SA , Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was...
U.S. lawmaker wants insurers, govt. to share future pandemic business losses
U.S. legislation introduced on Tuesday would create a taxpayer-backed insurance program to protect businesses from revenue losses during future pandemics and require insurers to pay...
NYSE reopens trading floor after two-month coronavirus closure
New York Governor Andrew Cuomo donned a face mask and rang the opening bell at the New York Stock Exchange on Tuesday, marking the partial...
U.S. lawmaker wants insurers and taxpayers to share payouts for future pandemic business losses
U.S. legislation introduced on Tuesday would create a taxpayer-backed insurance program to protect businesses from revenue losses during future pandemics and require insurers to pay...
U.S. business borrowing for equipment falls about 7% in April: ELFA
U.S. companies’ borrowings for capital investments fell about 7% in April from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Tuesday....
Oil prices climb, bolstered by ongoing supply curbs
Oil prices rose on Tuesday, supported by signs that producers are following through on commitments to cut supplies and as fuel demand picks up with...
French carmaker Renault to cut 5,000 jobs by 2024: Le Figaro
French carmaker Renault is about to announce plans to cut 5,000 jobs by 2024 in its drive to save 2 billion euros ($2.20 billion) in...
Blackstone risks paying damages in dispute with Italy’s RCS
Milan’s Arbitral Tribunal has judged that the contracts over the sale of Italy’s RCS headquarters to Blackstone in 2013 were valid but found that the...
‘Rally of hope’: Why the S&P soared back past 3,000
Unthinkable just two months ago as the world economy shut down in response to the coronavirus pandemic, the U.S. stock benchmark S&P 500 index broke...
S&P 500 clears 3,000 barrier on economic recovery and vaccine hopes
U.S. stocks jumped on Tuesday, propelling the S&P 500 past the key psychological level of 3,000 points as optimism about developing coronavirus vaccines and the...