Toyota prepping for gradual re-start in Mexico: spokesman
Toyota Motor Corp’s Mexico unit is in a preparation phase for the gradual re-start of its operations in the states of Baja California and Guanajuato,...
Canada’s banks to cement status as solid investments in a crisis
Canadian banks, whose dividends yields climbed during the financial crisis, are again gaining favor with investors, as their pledges to maintain payouts gives them an...
Lufthansa and German government agree $9.8 billion rescue package
The German government and Lufthansa , which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro...
German sentiment survey boosts stocks, Europe focuses on recovery fund
Stocks gained modestly on Monday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse of optimism to battered...
Lufthansa says Germany approves stabilization package
Germany’s new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa , Germany’s flagship carrier said on Monday....
Nissan says preparing to gradually restart Mexico operations
The Mexican unit of Nissan Motor Co Ltd unit said on Monday that it is preparing to gradually reopen under strict safety measures, beginning with...
French carmaker Renault could close plants and cut jobs: union
French carmaker Renault could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros ($2.2 billion) in costs,...
Air Canada, Transat deal faces intense EU antitrust scrutiny
Air Canada’s bid for Canadian tour operator Transat AT Inc may result in higher prices and less choice for flights between Europe and Canada, EU...
German survey fuels stock gains, euro investors eye EU summit
Stocks gained modestly on Monday after a survey showed German business morale rebounded in May, while investors kept a close eye on escalating U.S.-China tensions...
Lufthansa, German government agree on $9.8 billion rescue package: sources
The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached a preliminary deal...