April 27, 2020

Wall St gains as U.S. states start to reopen

U.S. stock markets rose on Monday as more states prepared to lift coronavirus-induced curbs and investors geared up for the busiest week of quarterly earnings reports, […]
April 27, 2020

Boeing negotiation for Embraer’s commercial division ‘no longer helpful’: CEO

Boeing Co reached a point where negotiation for Embraer’s commercial aerospace division “was no longer helpful,” chief executive Dave Calhoun told shareholders on Monday at the […]
April 27, 2020

Buffett and Abel, but not Munger, to field questions at Berkshire annual meeting

Warren Buffett’s Berkshire Hathaway Inc will hold a truncated virtual annual meeting on Saturday where its billionaire chairman will be present but his longtime Vice Chairman […]
April 27, 2020

Any aid for Germany’s Lufthansa must have strings attached: senior SPD lawmaker

Any state support for Germany’s largest airline, Lufthansa , must come with strings attached, a senior legislator for the Social Democrats said, suggesting that management should […]
April 27, 2020

Nissan plans to slash Japan May car output by 78% vs last year, June: documents

Japan’s Nissan Motor Co Ltd plans to slash the number of cars it produces at home in May by 78% from last year, as the impact […]
April 27, 2020

Shares rise on lockdown easing hopes; oil drops

Global stock markets rose on Monday as investors cheered news that more countries and U.S. states were looking to ease lockdowns and the Bank of Japan […]
April 27, 2020

U.S. oil plunges, Brent below $20 a barrel on storage, economic woes

Oil prices slumped again on Monday on concerns over scarce storage capacity, especially in the United States, and global economic doldrums from the coronavirus pandemic. Powered […]
April 27, 2020

Alibaba demotes top executive after probe into behaviour: source

Chinese e-commerce giant Alibaba Group Holding Ltd has demoted Jiang Fan, one of its most senior executives, after an internal investigation into allegations of improper behaviour, […]
April 27, 2020

Europe restarts car factories amid uncertain demand

German carmaking giant Volkswagen resumed production at its biggest factory on Monday as part of a broader industry drive to get back to work in Europe, […]
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