May 14, 2020

Exclusive: Renault to discontinue Espace model as carmaker cuts costs – sources

Renault is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four […]
May 14, 2020

U.S. SEC charges two companies, CEO over misleading COVID-19 claims

The U.S. Securities and Exchange Commission said on Thursday it has charged two companies and a chief executive officer with making misleading claims related to COVID-19, […]
May 14, 2020

Trump says pandemic clouds U.S.-China trade deal

U.S. President Donald Trump on Thursday said he was very disappointed in China over its failure to contain the novel coronavirus, saying the worldwide pandemic cast […]
May 14, 2020

Coronavirus crisis a window of opportunity for bankers to the rich

When markets slumped in March as the spread of coronavirus gathered pace, wealth managers’ trading volumes soared as ultra rich clients reshuffled their portfolios. Powered by […]
May 14, 2020

Stocks drop for third day as recovery hopes falter

World stock markets fell for a third day running on Thursday after a sobering warning from the World Health Organization that the coronavirus may never go […]
May 14, 2020

BMW CEO sees ‘very slow’ U.S. recovery after corona rebound in China

BMW on Thursday said China sales of luxury passenger cars rebounded in April but the German premium car and motorbike manufacturer cautioned that other markets including […]
May 14, 2020

Dolce & Gabbana will lose out from virus crisis, founders tell paper

Italian fashion group Dolce & Gabbana will lose out “a lot” this year, after the coronavirus emergency, founders Domenico Dolce and Stefano Gabbana said on Thursday. […]
May 14, 2020

Temperature checks, masks the new normal for air travel, says Dubai airport CEO

Temperature screening and face masks will become common sights at airports to mitigate the spread of the new coronavirus but physical distancing could make flying more […]
May 14, 2020

Stocks drop as virus recovery begins to look distant

Stock markets fell and bonds were in demand on Thursday as worries grew about a second wave of coronavirus infections and a dour assessment from the […]
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