May 14, 2020

Delta to have 7,000 more pilots than needed in the fall: memo

Delta Air Lines , with more than 14,000 pilots on its roster, expects to have 7,000 more than it needs in the fall as the coronavirus […]
May 14, 2020

Equities sink, bonds rise for third day on recovery fears

World stock markets fell for a third day on Thursday and safe-haven bonds rose as disappointing U.S. jobs data and signals by central banks that further […]
May 14, 2020

Nissan could look at shutting Barcelona plant, no decision made: sources

Nissan Motor may be looking at the possibility of closing its Barcelona factory but no final decision has been made as the Japanese carmaker plans a […]
May 14, 2020

Exclusive: Renault to discontinue Espace model as carmaker cuts costs – sources

Renault is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four […]
May 14, 2020

U.S. SEC charges two companies, CEO over misleading COVID-19 claims

The U.S. Securities and Exchange Commission said on Thursday it has charged two companies and a chief executive officer with making misleading claims related to COVID-19, […]
May 14, 2020

Trump says pandemic clouds U.S.-China trade deal

U.S. President Donald Trump on Thursday said he was very disappointed in China over its failure to contain the novel coronavirus, saying the worldwide pandemic cast […]
May 14, 2020

Coronavirus crisis a window of opportunity for bankers to the rich

When markets slumped in March as the spread of coronavirus gathered pace, wealth managers’ trading volumes soared as ultra rich clients reshuffled their portfolios. Powered by […]
May 14, 2020

Stocks drop for third day as recovery hopes falter

World stock markets fell for a third day running on Thursday after a sobering warning from the World Health Organization that the coronavirus may never go […]
May 14, 2020

BMW CEO sees ‘very slow’ U.S. recovery after corona rebound in China

BMW on Thursday said China sales of luxury passenger cars rebounded in April but the German premium car and motorbike manufacturer cautioned that other markets including […]
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