April 17, 2020

Ford to issue debt securities after virus triggers $2 billion loss

Ford Motor Co said on Friday it would tap debt markets to shore up its cash reserves as the coronavirus outbreak pummeled vehicles sales and halted […]
April 17, 2020

GM dispatches first batch of ventilators for COVID-19 patients

General Motors said on Friday it had started delivering the first batch of 54 ventilators to U.S. hospitals treating severely ill COVID-19 patients. Powered by WPeMatico
April 17, 2020

NYSE and Nasdaq challenger MEMX delays launch due to coronavirus crisis

The Members Exchange (MEMX), a new bourse backed by major Wall Street firms looking to take on the New York Stock Exchange and Nasdaq Inc through […]
April 17, 2020

Volvo Cars to restart production in Sweden next week

Volvo Cars will reopen its Torslanda factory and offices in Sweden next week after overhauling its production processes to help prevent coronavirus infections, following a three […]
April 17, 2020

GE aircraft leasing unit cancels 69 737 MAX orders

General Electric Co’s aircraft leasing subsidiary on Friday canceled 69 orders for Boeing Co’s grounded 737 MAX jets as it evaluates its order book during the […]
April 17, 2020

Gilead’s shares rise on report of experimental drug’s promise in COVID-19

Shares of Gilead Sciences Inc rose 8% on Friday after a report that patients with COVID-19 treated with the company’s experimental drug, remdesivir, in a clinical […]
April 17, 2020

Nigeria’s oil hub quarantines 22 Exxon Mobil workers: governor

Nigeria’s Rivers State has quarantined 22 Exxon Mobil Corp. employees for violating an order introduced last month restricting movement into the state to curb the spread […]
April 17, 2020

Half of announced North American oil cuts come from just three companies

Numerous U.S. and Canadian oil companies have said they are reducing output in 2020, but a Reuters analysis of the announcements so far show that just […]
April 17, 2020

U.S. airlines sitting on $10 billion owed to consumers for canceled flights, lawmakers say

U.S. airlines are estimated to be sitting on more than $10 billion in travel vouchers that should have been cash refunds from canceled flights, a group […]
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