RIO DE JANEIRO: Brazilian plane manufacturer Embraer SA , the world's third largest commercial jet builder, should obtain US$600 million in credit lines from Brazil's state development bank BNDES and private banks in June, government sources said on Sunday (May 31). The loans will finance ...
Amazon.com Inc Chief Executive Jeff Bezos has picked British startup Beacon, a digital freight forwarder, for his latest investment.
CARACAS: Venezuela will increase fuel prices in June, the president said, putting a limit on state subsidies that for decades had allowed citizens to fill their gas tanks virtually for free. Although the country has huge oil reserves, production has collapsed and Venezuelans are facing dire ...
MOSCOW: Russia has no objection to the next meeting of OPEC and its allies, known as OPEC+, being brought forward to Jun 4 from the following week, three OPEC+ sources familiar with the meeting's preparations told Reuters on Sunday (May 31). Algeria, which currently holds the presidency of the ......
Russia has no objection to the next meeting of OPEC and its allies, known as OPEC+, being brought forward to June 4 from the following week, three OPEC+ sources familiar with the meeting's preparations told Reuters on Sunday.
Renault has no plans to close its Maubeuge plant in northern France, Chairman Jean-Dominique Senard said on Sunday, two days after the carmaker announced 15,000 job cuts globally as part of a major restructuring.
European trade commissioner Phil Hogan is considering putting his name forward as a candidate to be the next director-general of the World Trade Organization, his spokesman said on Sunday.
SINGAPORE: A new digital office announced on Sunday (May 31) will recruit 1,000 ambassadors by the end of next month to help stallholders and seniors go online, as part of efforts to accelerate digital adoption in Singapore's post COVID-19 economic recovery. The digital ambassadors will cover all ...
Lear Corp is implementing costly safety measures that may hurt productivity at its operations in Mexico after suffering the deadliest known factory-related coronavirus outbreak in the Americas, but the U.S. auto parts maker still faces a battle to win back workers' trust.
Factory activity in China expanded at a slower pace in May as the country attempts to get back on track after the coronavirus, official data showed Sunday, with the global economic slump making the sector's recovery difficult.
