EU industry chief Thierry Breton says he does not see any ulterior motive behind Huawei [HWT.UL] and other Chinese companies' donations of face masks to the bloc and that solidarity is the best way to tackle the global coronavirus outbreak.
The U.S. Federal Trade Commission said on Wednesday that it had filed a complaint aimed at forcing Altria Group to sell its $12.8 billion investment in e-cigarette maker JUUL.
The United States "will work with the world's largest oil producers to address volatility in global oil markets," U.S. President Donald Trump's national security adviser Robert O'Brien said on Wednesday.
U.S. crude oil futures rose 5% on the open on Thursday, reversing Wednesday's losses, despite growing concerns about a looming economic depression due to the coronavirus pandemic.
Online travel agency Booking Holdings said on Wednesday Chief Executive Officer Glenn Fogel has tested positive for coronavirus.
U.S. President Donald Trump said on Wednesday he expected Saudi Arabia and Russia to reach a deal in the next few days on oil production to end a price war that has "ravaged" the oil industry worldwide.
U.S. crude oil futures opened 5% higher on Thursday, reversing Wednesday's losses, despite growing concerns about a looming economic depression due to the coronavirus pandemic.
NEW YORK (LPC) - General Electric Co is asking its lenders to replace US$20bn in revolving loans with a new debt package that will come with a smaller size and shorter maturities, sources said.
IAG-owned British Airways is expected to announce suspension of about 36,000 of its employees, BBC News reported on Wednesday.
The U.S. Energy Department on Wednesday urged Saudi Arabia and Russia to calm oil markets after the kingdom's crude supply rose to a record of more than 12 million barrels per day even as oil demand falters on the coronavirus pandemic.
Elon Musk's rocket company SpaceX has banned its employees from using video conferencing app Zoom, citing "significant privacy and security concerns," according to a memo seen by Reuters, days after U.S. law enforcement warned users about the security of the popular app.
Apple Inc said on Wednesday it would stop taking a cut of some sales for "qualifying" streaming video services on iPhones and other Apple devices, including Amazon.com's Prime Video.
The dollar held gains on Thursday as investors rushed to the security of the world's most liquid currency as the coronavirus pandemic caused massive disruptions to global trade.
Asian equity markets and crude oil looked set for further losses on Thursday, after a dire warning about the U.S. coronavirus death toll and mounting evidence the fast-spreading disease has sent the world economy hurtling into a deep recession.
The U.S. Treasury Department plans to hire PJT Partners Inc , Moelis & Co and Perella Weinberg Partners to advise on the airline portion of Washington's $2 trillion stimulus bill, the Wall Street Journal reported on Wednesday.