Tesla’s California fight heats up competition for jobs
Tesla Inc Chief Executive Elon Musk’s fight with local authorities over the reopening of its California plant has gotten the attention of those who scout...
Fed’s Powell to assess next phase of pandemic economy
Federal Reserve Chair Jerome Powell, having overseen the rapid creation of the central bank’s massive network of pandemic-era programs, turns his attention Wednesday morning to...
Emirates plans scheduled flights from May 21 to nine cities
Emirates Airline from May 21 plans to operate scheduled flight services from Dubai to London Heathrow, Frankfurt, Paris, Milan, Madrid, Chicago, Toronto, Sydney and Melbourne,...
Forex firm Travelex to default on coupon payment
Currency service provider Travelex [TFPI.UL] said on Wednesday it would default on a 14.4 million euro ($15.6 million) coupon payment on some of its senior...
Korean Air to issue $817 million in new shares as virus strains industry
South Korea’s largest airline, Korean Air , said on Wednesday its board decided to sell about 1 trillion won ($816.55 million) in new shares to...
Korean Air says to issue new shares worth about $817 million
South Korea’s largest airline, Korean Air , said on Wednesday its board decided to sell about 1 trillion won ($816.55 million) in shares to raise...
Japan stands by its integrated resort policy despite Sands’ move
Japan has no plan to change its schedule regarding the launch of integrated resorts (IR) – Las Vegas-style complexes that include casinos and shopping arcades...
Amazon expects to extend France warehouse closures to May 18
Amazon plans to extend until May 18 the closure of its six French warehouses, which have been closed since April 16 after court rulings ordering...
Maersk sees drop in global container demand this year
Shipping group A.P. Moller-Maersk on Wednesday warned of a sharp drop in global container volumes due to the coronavirus pandemic, sending its shares down sharply....
Aston Martin posts deep quarterly loss as pandemic slams brakes on sales
Aston Martin posted a deep first-quarter loss after sales dropped by nearly a third due to the impact of the coronavirus crisis, though the luxury...