June 15, 2020

Wall Street gripped by fears of fresh virus wave

U.S. stocks dropped on Monday after a spike in new coronavirus cases in China and parts of the United States dampened hopes of a swift economic […]
June 15, 2020

Volkswagen expects very bad second-quarter, positive 2020 adjusted operating profit

Volkswagen expects a very bad second quarter, but also sees a positive adjusted operating profit before special items for 2020, Chief Financial Officer Frank Witter said […]
June 15, 2020

Delta has received approval from Shanghai govt to resume flights

Delta Air Lines has received approval from the Shanghai government to resume flights from June 18, a company spokeswoman said on Monday, paving the way for […]
June 15, 2020

Stocks, oil under pressure amid fears of second wave of pandemic

Fears of a second wave of COVID-19 infections sent jitters across global markets on Monday with stocks and oil under pressure while investors bought into safe […]
June 15, 2020

U.S. mattress business springs back from pandemic shutdown

The U.S. mattress business has bounced back after months of shutdowns from the coronavirus pandemic kept customers away. Powered by WPeMatico
June 15, 2020

Meatpacking workers often absent after Trump order to reopen

Smithfield Foods Inc [SFII.UL] is missing about a third of its employees at a South Dakota pork plant because they are quarantined or afraid to return […]
June 15, 2020

Commerzbank preparing to make more job cuts: board member

Commerzbank will announce “considerably” more branch closures and job cuts when it lays out its strategy review in August, a member of the bank’s supervisory board […]
June 15, 2020

H&M says recovery uneven after March-May sales tumble 50%

H&M , the world’s second-biggest fashion retailer, on Monday reported a sharp but slightly smaller than expected drop in second-quarter sales as measures to slow the […]
June 15, 2020

Oil falls on growing fears of a second wave of coronavirus

Oil prices fell on Monday as new coronavirus infections hit China, Japan and the United States, adding to concerns that a resurgence of the virus could […]
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