May 1, 2020

Telefonica in talks to merge O2 with Virgin Media, source says

Spain’s Telefonica SA is in talks with billionaire John Malone’s Liberty Global Plc to explore a merger of its British mobile operator O2 with cable network […]
May 1, 2020

Jetmaker Embraer focuses on future after Boeing divorce ‘pain’

The head of Embraer’s commercial aircraft unit defended the benefits of a $4.2 billion tie-up abandoned by Boeing Co last week, but said the Brazilian aerospace […]
May 1, 2020

Wall Street selloff resumes after Trump’s China tariff threat

U.S. stocks fell on Friday after President Donald Trump threatened to impose new tariffs on Beijing over the coronavirus crisis, while business warnings from Amazon.com and […]
May 1, 2020

Norwegian Air bondholders reject debt plan in setback for survival hopes

Norwegian Air’s bondholders have turned down a proposed debt-to-equity swap, casting doubt on a plan that is vital to help the indebted airline survive the COVID-19 […]
May 1, 2020

McDonald’s to reopen 15 outlets in UK this month, fast food fans relieved

McDonald’s Corp said it would reopen 15 restaurants in the United Kingdom this month, only for delivery, leaving some fast food fans cheering. Powered by WPeMatico
May 1, 2020

Tesla tumbles after tweet from Musk account saying stock too high

Shares of Tesla Inc tumbled 10% on Friday following a tweet from Chief Executive Elon Musk’s Twitter account that the electric car maker’s recently high-flying stock […]
May 1, 2020

Embraer suffered ‘pain’ in preparing Boeing deal, commercial head says

The head of the commercial aircraft unit of Embraer defended the benefits of a $4.2-billion tie-up abandoned by Boeing Co but said the Brazilian aerospace group […]
May 1, 2020

Ford Chairman’s daughter joins board of directors at EV startup Rivian

Ford Motor Co said on Friday Executive Chairman Bill Ford Jr’s daughter would immediately join electric vehicle startup Rivian’s board of directors. Powered by WPeMatico
May 1, 2020

Take Five: Trade winds to blow again?

China has headed off on Labour Day holidays but its leaders won’t be resting easy. U.S. President Donald Trump has ratcheted up anti-China rhetoric again. He […]
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