May 3, 2020

Iceland could mull taking stake in Icelandair if state injects funds: PM

Iceland may consider taking a stake in Icelandair Group if the government injects funds into the airline, Bloomberg reported, citing comments by Prime Minister Katrin Jakobsdottir […]
May 3, 2020

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 with […]
May 3, 2020

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 the […]
May 3, 2020

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 in […]
May 3, 2020

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 Program […]
May 3, 2020

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 money […]
May 3, 2020

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 for […]
May 3, 2020

Intel in talks to buy Israel’s Moovit public transit app for $1 billion: media

Chipmaker Intel Corp is in advanced talks to acquire Israeli public transit app developer Moovit for $1 billion, financial news website Calcalist reported on Sunday. Powered […]
May 3, 2020

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 he […]
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