May 11, 2020

EU regulators to decide on $50 billion Fiat Chrysler, Peugeot deal by June 17

EU antitrust regulators will decide by June 17 whether to clear Fiat Chrysler and Peugeot maker PSA ‘s $50 billion merger, according to a European Commission […]
May 11, 2020

BA-owner IAG not in a position where it needs UK bailout: CEO

British Airways-owner IAG is not in a position where it has to ask for a specific bailout from the government to see it through the coronavirus […]
May 11, 2020

Halfords shares soar after Britons told cycle to work as lockdown eases

Shares in British bicycles and car parts retailer Halfords soared as much as 26% on Monday, boosted by the government’s announcement that people should consider cycling […]
May 11, 2020

KLM passengers must bring their own face masks on all flights

Passengers on all flights of KLM, the Dutch subsidiary of Air France KLM, must wear face masks during travel starting on Monday, the airline said in […]
May 11, 2020

Exclusive: Wuhan, recovering from virus, weighs policies to help hometown automaker Dongfeng

China’s Wuhan city is considering steps to support its biggest local automaker Dongfeng Motor Corp, according to a draft policy document reviewed by Reuters, as the […]
May 11, 2020

EasyJet, Heathrow want early exit from UK quarantine rules

Britain’s easyJet urged the government to only keep quarantine requirements for a short period, while Heathrow Airport called for a plan to re-open borders, as new […]
May 11, 2020

Telco SoftBank sees stable profit, offering Son respite from virus

SoftBank Corp on Monday forecast operating profit for the current financial year at 920 billion yen ($8.6 billion), largely unchanged from a year earlier, as it […]
May 11, 2020

Nissan’s China sales grew 1.1% in April as market recovered

Japanese automaker Nissan Motor said on Monday its April sales in China grew 1.1% from a year earlier to 122,846 vehicles, as the world’s biggest auto […]
May 11, 2020

Oil prices fall on supply glut, fears of second virus wave

Oil prices slipped more than 1% on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic cancelled out support from […]
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