March 17, 2020

Norwegian Air asks for similar help to regional rival SAS

Struggling Norwegian Air needs government support similar to that which SAS received from the Danish and Swedish governments if it is to protect jobs in Norway […]
March 17, 2020

U.S. airlines face push-back in Congress on $50 billion bailout proposal

Some Democrats in Congress are pushing back on aspects of a proposal by major airlines seeking $50 billion in grants and loans in the face of […]
March 17, 2020

GM employee at Cole Engineering Center tests positive for coronavirus

General Motors Co said on Tuesday an employee at its Cole Engineering Center in Warren tested positive for coronavirus. Powered by WPeMatico
March 17, 2020

Exclusive: Amazon stops receiving non-essential products from sellers amid coronavirus outbreak

Amazon.com Inc is suspending sellers from sending non-essential products to its U.S. and U.K. warehouses until April 5 in the latest move to free up inventory […]
March 17, 2020

McDonald’s considering deferring rent for franchisees amid virus outbreak

McDonald’s Corp is considering rent deferral and other measures to ensure liquidity at its franchisees around the world, amid curbs on dine-in restaurants to contain the […]
March 17, 2020

VW to start using high-nickel batteries for electric car

Volkswagen will raise the amount of nickel used in it electric car battery cells to 80% in the next year from 65% at present, Frank Blome, […]
March 17, 2020

StanChart expects record fall in global oil demand in 2020

Standard Chartered on Tuesday said it expects global oil demand to decline by a record amount in 2020 citing the rapidly spreading coronavirus and the travel […]
March 17, 2020

Wall Street opens higher after biggest rout since 1987

The main U.S. stock indexes opened higher on Tuesday, a day after their biggest drop since the 1987 crash, as efforts to contain the rapidly spreading […]
March 17, 2020

U.S. retail sales fall broadly in February

U.S. retail sales fell by the most in more than a year in February and the coronavirus outbreak is expected to depress sales in the months […]
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