Unthinkable just two months ago as the world economy shut down in response to the coronavirus pandemic, the U.S. stock benchmark S&P 500 index broke through the psychologically-important 3,000 level on Tuesday, capping a 37per cent stock rally since its March low.
ETAPLES, France: President Emmanuel Macron on Tuesday (May 26) announced an 8-billion euro (US$8.8 billion) plan to revive France's auto industry by making it the European leader in electric cars, in a boost for a sector brought to its knees by the coronavirus. Macron said the package would ...
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Tuesday that he expects the bank to take another significant credit reserve build in the second quarter that is "roughly equivalent" to the billions it added to its reserves in the first quarter.
NEW DELHI: Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday (May 26), after some employees tested positive for COVID-19. Nokia did not disclose how many workers at the plant in Sriperumbudur in Tamil Nadu tested positive ...
Apple Inc said on Tuesday that it plans to reopen about 100 stores in the United States, most with curbside pickup but some with walk-in service.
Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday, after some employees tested positive for COVID-19.
Elon Musk's SpaceX said on Tuesday that it raised US$346.2 million in a new round of funding, a day before it launches two American astronauts to the International Space Station.
NEW DELHI: Huge swarms of desert locusts are destroying crops across western and central India, prompting authorities on Tuesday (May 26) to step up their response to the country's worst plague in nearly three decades. Drones, tractors and cars have been sent out to track the voracious pests and...
The Cannes film festival was canceled and the September jamborees in Venice and Toronto are uncertain but this week movie lovers are being offered a taste of the film festival experience from the comfort of their homes.
U.S. passenger railroad Amtrak told Congress in a letter made public Tuesday it needs another US$1.475 billion bailout or it will be forced to make sweeping service cuts and likely suspend some routes.
