Lufthansa board hopeful of securing government bailout soon
Lufthansa is hopeful that its bailout talks with the German government can be concluded soon, the airline’s board told staff in a letter seen by...
Pipe-laying vessel reaches Baltic as Russia’s Nord Stream 2 target looms
A special pipe-laying vessel that could be used by Russia to complete construction of the Nord Stream 2 gas pipeline to Germany has arrived in...
U.S. processes over $500 billion in small business loans to stem coronavirus fallout
The U.S. Small Business Administration has processed over 3.8 million loans for more than half a trillion dollars since the launch of the Paycheck Protection...
Dutch McDonald’s trials social-distancing restaurant
Big Macs delivered on meal trolleys, hand sanitizers at the entrance and designated waiting spots to separate customers could become a feature of McDonald’s restaurants...
White House adviser won’t rule out more money for states, small businesses
White House economic adviser Larry Kudlow said on Sunday he would not rule out any element in the next potential coronavirus relief bill, including more...
Thyssenkrupp sees coronavirus cash squeeze despite elevator sale: letter
Germany’s Thyssenkrupp expects the coronavirus crisis to cause a new financial squeeze, scuppering hopes that selling its elevator business would deliver a swift cash respite...
Roche wins U.S. nod for COVID-19 antibody test, aims to boost output
Roche has won emergency approval from the U.S. Food and Drug Administration (FDA) for an antibody test to determine whether people have ever been infected...
Roche gets FDA emergency use nod for COVID-19 antibody test
Roche Holding AG received emergency use approval from the U.S. Food and Drug Administration (FDA) for an antibody test to help determine if people have...
Roche gets FDA emergency use approval for COVID-19 antibody test
Roche Holding AG received emergency use approval from the U.S. Food and Drug Administration for an antibody test to help determine if people have ever...
Warren Buffett says the coronavirus cannot stop America, or Berkshire Hathaway
Billionaire investor Warren Buffett on Saturday said the United States’ capacity to withstand crises provides a silver lining as it combats the coronavirus, even as...