Italian PM Conte says Fiat Chrysler entitled to seek state-backed loan
Italian Prime Minister Giuseppe Conte said on Saturday that Fiat Chrysler Automobiles NV (FCA) was entitled to apply for Italy’s state guarantees on loans as...
Fiat Chrysler asked Rome for a three-year state-backed loan for its Italian operations: union
Fiat Chrysler (FCA) has asked the Italian government for a state-backed three-year loan, to help the automaker pay suppliers and continue its investment plan in...
Canada’s Trudeau to look at possible further aid for airlines, after Air Canada layoffs
Canadian Prime Minister Justin Trudeau said on Saturday that he would look at possible ways to help airlines further, but announced no new measures after...
Saudi wealth fund boosts U.S. holdings with stakes in Citi, Boeing, Facebook
Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing , Facebook and Citigroup , a regulatory filing showed, giving...
British grocer Tesco’s slavery review reports abuses in Malaysia
U.K.-based multinational groceries chain Tesco PLC has found abuses against migrant workers at its stores and distribution centres in Malaysia and Thailand, it said in...
Saudi sovereign fund buys minority stakes in Citi, Boeing, Facebook
Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing , Facebook and Citigroup , according to a U.S. regulatory...
China asks United States to stop ‘unreasonable suppression’ of Huawei
China’s foreign ministry said on Saturday the United States needed to stop the “unreasonable suppression” of Chinese companies like Huawei....
Saudi sovereign fund discloses stakes in Citi, Boeing, Facebook
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has purchased minority stakes in major U.S. companies including Boeing , Facebook and Citigroup ,...
Fed warns of ‘significant’ financial vulnerabilities from pandemic
The U.S. Federal Reserve warned Friday that the financial sector faces “significant” vulnerabilities due to the coronavirus pandemic, as businesses and households grapple with fragile...
Wall Street Week Ahead: Investors prepare for more U.S. stock swings as states reopen
Investors are bracing for more turbulence in U.S. stocks, as some states prepare to reopen their economies and global trade tensions rise....