North American airlines say ticket cancellations slowing, demand improving
Two top U.S. airlines and Air Canada said on Tuesday ticket cancellations were slowing and demand was showing signs of improvement since the coronavirus pandemic...
Nasdaq informs China’s Luckin Coffee it plans to delist it
Luckin Coffee Inc said on Tuesday that Nasdaq Inc has given it notice that it plans to delist it from the U.S. stock exchange a...
AT&T closes its payTV service in Venezuela amid U.S. sanctions
AT&T Inc said on Tuesday it has closed its DirecTV Latin America operations in Venezuela amid sanctions by the United States on the country....
U.S. housing starts post record decline; permits slump
U.S. homebuilding dropped by the most on record in April and permits for future construction tumbled, underlining fears that the novel coronavirus crisis would lead...
Renault to cut 400 jobs at its Slovenia unit
French carmaker Renault plans to cut about 400 out of some 3,200 jobs at its Slovenian unit Revoz after the coronavirus epidemic hit demand for...
U.S. housing starts fall sharply in April
U.S. homebuilding dropped to a five-year low in April, underlining fears that the novel coronavirus crisis would lead to the deepest economic contraction in the...
British retailer Asda’s customers fear economic depression
British supermarket group Asda got a sales boost in the first quarter from consumers stocking up before the coronavirus lockdown but it also highlighted that...
Southwest and United airlines say ticket cancellations slowing, demand improving
Two top U.S. airlines said on Tuesday ticket cancellations were slowing and demand was showing some signs of improvement, with Southwest Airlines Co recording more...
Wall Street set to open flat; Walmart jumps on results
U.S. stock index futures were trading flat on Tuesday, handing back some gains from the S&P 500’s best day in six weeks in the previous...
Trump administration awards contract to make COVID-19 drugs in U.S.
U.S. President Donald Trump’s administration has awarded a $354 million contract to U.S.-based Phlow Corp to manufacture drugs being tested or used to fight the...