NEW YORK: Exxon Mobil Corp on Monday (Apr 13) raised US$9.5 billion in new debt, with the largest US oil producer seeking to bolster its finances while debt markets remain open to new deals. Exxon paid a lower price to borrow than it did in a similar debt deal almost...
REUTERS: Walt Disney Co said on Monday (Apr 13) it has entered an unsecured credit agreement for US$5 billion, at a time when companies across industries are scrambling to bolster their liquidity to weather the fallout from the coronavirus crisis. Disney's theme parks business has taken a ...
Walt Disney Co said on Monday it has entered an unsecured credit agreement for US$5 billion, at a time when companies across industries are scrambling to bolster their liquidity to weather the fallout from the coronavirus crisis.
Wuhan demonstrated incredible resilience against the coronavirus as businesses and society got into action to fight the outbreak, say East Asian Institute’s Zhao Litao and Kong Tuan Yuen.
NEW YORK: Wall Street stocks mostly fell on Monday (Apr 13) ahead of major earnings and economic reports that will shed new light on the hit from coronavirus shutdowns on business conditions and jobs. The Dow Jones Industrial Average dropped 328.60 points (1.39 per cent) to 23,390.77. The broad ...
REUTERS: The US Treasury Department is holding firm on the terms of a US$25 billion offer for government aid to airlines to help them meet payroll during the coronavirus downturn, officials said on Monday (Apr 13), and the plan could give the government more than 3 per cent of American...
McDonald's Corp has been hit with a class action lawsuit accusing it of subjecting female employees in its corporate-owned fast-food restaurants in Florida to widespread sexual harassment.
Ford Motor Co said on Monday it is producing face masks at a Michigan plant to protect its workers from the coronavirus pandemic and is seeking to have those masks certified for medical use.
Germany's Volkswagen AG said on Monday its U.S. dealers would provide cars for free delivery of essential supplies to people in need during the coronavirus crisis.
Dish Network Corp has cut staff and is re-evaluating its business to cope better with the fallout from the coronavirus pandemic, the U.S. satellite TV provider told Reuters, without disclosing the number of employees laid off.
