Qantas Airways extends flight cancellations, raises A$550 million
Qantas Airways on Tuesday said it would extend flight cancellations into June and July, and added that it secured further debt funding that should support...
Intel buys Moovit transit app for $900 million to help develop robotaxis
Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving “robotaxis” that could take to...
U.S. coronavirus tariff exemptions sought for robots, drones, elevators
Major U.S. firms and trade groups want the U.S. Trade Representative’s Office to waive tariffs on a wide range of Chinese-made products as a result...
Wall Street snaps two-day slump on lift from tech titans
U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns about the latest U.S.-China tensions...
Global shares fall on U.S.-Sino spat but Wall Street rebounds
The dollar rose on risk aversion and global stock markets fell on Monday as U.S.-Chinese bickering over the origin of the coronavirus outbreak sparked fear...
AIG quarterly profit nosedives as COVID-19 claims loom
Insurer American International Group Inc on Monday posted a 93% drop in quarterly adjusted profit, as it set aside money to cover claims related to...
U.S. SEC eases crowdfunding rules for firms due to coronavirus disruption
The U.S. Securities and Exchange Commission (SEC) on Monday said it would provide relief to smaller firms seeking to raise capital via online platforms to...
Wall Street snaps two-day slump as tech titans give lift
U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns sparked by fresh U.S.-China tensions...
Air France-KLM union tensions surface in bailout’s wake
Air France-KLM’s French unions on Monday criticised calls by their Dutch counterparts for KLM to be given greater autonomy, amid signs that a multibillion-euro coronavirus...
Coronavirus will constrain U.S. meat supply despite Trump order: Tyson Foods
The coronavirus crisis will continue to idle U.S. meat plants and slow production, Tyson Foods Inc said on Monday, signaling more disruptions to the U.S....