Exclusive: Toyota to cut North American output by 29% through October – source
Toyota Motor Corp plans to slash production in North America by nearly a third through October due to the coronavirus crisis and expects it will...
Marriott profit misses as bookings, revenue per room plunge
U.S. hotel operator Marriott missed already lowered estimates for first-quarter profit by a huge margin on Monday, as bookings plunged due to coronavirus-led lockdowns that...
Exclusive: Toyota plans to cut North American production by 29% through October, source says
Toyota Motor Corp plans to slash North American production by nearly a third through October and expects it will take some time for output to...
Wall Street falls on fears of new infection wave
U.S. stocks opened lower on Monday after last week’s rally as investors worried about a second wave of coronavirus infections with the reopening of several...
Wall Street set to drop on fear of new infection wave
Wall Street’s main indexes were set to fall at the open on Monday after last week’s rally, as investors worried about a second wave of...
Oil prices rise on Saudi voluntary cuts
Oil prices rose on Monday, recovering earlier losses on news that leading exporter Saudi Arabia will reduce its output by 1 million barrels per day...
BA owner says burning cash, quarantine plan will make it worse
British Airways owner IAG has exhausted every avenue to shore up its finances and is burning through cash, its CEO said on Monday, as the...
Stocks stumble on fears of second wave of coronavirus
Stock markets fell on Monday after reports of a pick-up in new coronavirus cases rattled investors, who worried that it could slow or reverse the...
Futures lower on fears of another wave of virus infections
U.S. stock index futures fell on Monday following a strong week of gains for Wall Street, as investors turned cautious about a second wave of...
Over 80% of U.S. small businesses expect longer impact of pandemic: survey
Eighty-one percent of small U.S. companies surveyed by Veem, a global payments network, expect the new coronavirus pandemic to affect their business over the next...