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....
EasyJet will not fly to Italy with distancing on planes: report
EasyJet will not fly to Italy if Rome prolongs social distancing rules on planes beyond June 15, the budget airline’s chief executive said in a...
Spain says Nissan has decided to close its Barcelona plant
Japan’s Nissan Motor Co has decided to close its factory in Barcelona, resulting in the loss of about 3,000 jobs as part of a new...
Britain’s easyJet to axe up to 30% of staff
British low cost airline easyJet said it planned to cut up to 30% of its staff, or 4,500 jobs, and shrink its fleet, to fit...
Britain’s easyJet to axe up to 30% of its workforce
British low cost airline easyJet said it planned to cut up to 30% of its staff and shrink its fleet, to fit the smaller market...
Gum, mints and snack bar sales slump, as U.S. consumers order online amid COVID-19 crisis
Impulse purchases – gum, mints and snack bars tossed into a shopping basket as one snakes through the supermarket checkout line – are falling as...
New wave of U.S. layoffs feared as coronavirus pain deepens
Job cuts by U.S. state and local governments whose budgets have been crushed fighting the COVID-19 pandemic and more second-wave layoffs in the private sector...
American Airlines says to cut management and support staff by 30%
American Airlines Group Inc must reduce its management and support staff by about 30% as it moves to run a smaller airline due to the...