U.S. auto industry returns to life after lockdown
The Detroit Three automakers and their suppliers began restarting assembly lines on Monday after a two-month coronavirus lockdown in a slow revival of a sector...
IMF chief warns full global economic recovery unlikely in 2021
The global economy will take much longer to recover fully from the shock caused by the new coronavirus than initially expected, the head of the...
Wall Street surges on hopes for stimulus, coronavirus vaccine
Wall Street’s main indexes surged on Monday as encouraging early data from a potential coronavirus vaccine trial boosted sentiment, with investors also counting on more...
Delta to resume flying several major routes in June
Delta Air Lines said on Monday it would resume flying several major routes in June that were suspended due to the COVID-19 pandemic....
Brent at one-month high, U.S. oil tops $32 as lockdowns ease
Oil prices jumped on Monday, with benchmark Brent hitting a one-month high and U.S. crude topping $30, supported by optimism about the reopening of economies...
U.S. homebuilder confidence rises in May
Confidence among U.S. single-family homebuilders rose in May, potentially signaling that the worst of the economic downturn was probably over as the country gradually reopens...
Exclusive: Nissan’s survival plan for Europe: SUVs and sharing with Renault
Nissan Motor Co is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more...
Nissan’s survival plan for Europe: SUVs and sharing with Renault
Nissan Motor Co is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more...
Starbucks reopens in Italy but keeps Milan flagship closed
Italians will be able to grab a cup of their favorite Starbucks coffee again after the group said on Monday it would reopen its Italian...
Wall Street jumps at the open on coronavirus vaccine hopes
U.S. stock indexes shot up in early trade on Monday as encouraging data from a potential COVID-19 vaccine trial fueled optimism, while investors also counted...