June 17, 2020

Special delivery: activists urge France to rein in Amazon

Environmental campaigners delivered a 12-foot (3.6-metre) tall mock-up of an Amazon parcel to the French finance ministry on Wednesday to demand that the government rein in […]
June 17, 2020

Lufthansa warns of threat to its $10 billion bailout deal

German airline Lufthansa warned on Wednesday that it might need to apply for protection from creditors if its state-backed bailout deal failed to win sufficient support […]
June 17, 2020

New U.S. Huawei rule targets standards, security concerns remain: Ross

A new U.S. rule regarding China’s Huawei Technologies Co Ltd is a needed “clarification” to help develop standards, U.S. Commerce Secretary Wilbur Ross said on Wednesday, […]
June 17, 2020

German Fin Min Scholz sees no danger of Lufthansa rescue deal collapse

German Finance Minister Olaf Scholz said on Wednesday a bailout deal for airline Lufthansa was a good, balanced solution which he hoped shareholders would approve, adding […]
June 17, 2020

Oil falls on fears of rising COVID-19 cases

Oil fell on Wednesday on fears over fresh outbreaks of COVID-19, but prices drew some support from stimulus measures and positive tests of a drug that […]
June 17, 2020

Southwest Airlines says has enough cash for two years as demand improves

Southwest Airlines said on Wednesday it has enough cash to carry on business for the next two years, up from its prior forecast of 20 months, […]
June 17, 2020

Wall Street rally wins more fans as economy hints at recovery

Record upside surprises in U.S. economic data are bolstering the case for a “V” shaped recovery from the COVID-19 recession and boosting investor confidence in a […]
June 17, 2020

Coronavirus turmoil fuels the rise of AI-powered companies

For the past seven years, a Munich-based firm called riskmethods has tried to interest companies in buying software that allows them to track all their suppliers […]
June 17, 2020

U.S. FAA chief to testify at hearing on jet certification after 737 MAX crashes

The head of the Federal Aviation Administration is set to testify on Wednesday before a Senate committee on the safety certification of jetliners like Boeing Co’s […]
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