Trump threatens new taxes on companies that make goods outside United States
President Donald Trump threatened on Thursday to impose new taxes on American companies that produce goods outside the United States, another move his administration could...
U.S. jobless claims remain elevated amid second layoffs wave
The novel coronavirus crisis continues to pummel the U.S. labor market, with the number of Americans filing for unemployment benefits falling less than expected last...
Lufthansa plans 1,800 round trips a week by the end of June
German flagship carrier Lufthansa on Thursday said it would be offering 1,800 round trips a week to more than 130 destinations around the world by...
Exclusive: Airbus must be ‘resized’ to tackle crisis, CEO tells staff – sources
Planemaker Airbus has told senior staff the company must be “resized” in plans to be set out by around end-June and is ready to cut...
Delta to have 7,000 more pilots than needed in the fall: memo
Delta Air Lines , with more than 14,000 pilots on its roster, expects to have 7,000 more than it needs in the fall as the...
Equities sink, bonds rise for third day on recovery fears
World stock markets fell for a third day on Thursday and safe-haven bonds rose as disappointing U.S. jobs data and signals by central banks that...
U.S. SEC charges two companies, CEO over misleading COVID-19 claims
The U.S. Securities and Exchange Commission said on Thursday it has charged two companies and a chief executive officer with making misleading claims related to...
Airbus must be ‘resized’ to tackle crisis, bosses told: sources
Planemaker Airbus has told top staff that the company must be “resized” in plans to be set out by around end-June and is ready to...
Nissan could look at shutting Barcelona plant, no decision made: sources
Nissan Motor may be looking at the possibility of closing its Barcelona factory but no final decision has been made as the Japanese carmaker plans...
Exclusive: Renault to discontinue Espace model as carmaker cuts costs – sources
Renault is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans,...