3M Co said on Friday it would continue to increase the production of respirators, after US President Donald Trump announced he was invoking the Defense Production Act to get the company to manufacture more face masks.
Italy and Spain, the two European countries hardest hit by the new coronavirus, have enforced the most drastic lockdowns to curb the pandemic but one country, Sweden, stands out for allowing life to go on much as before, Google data show.
Aircraft lessor Avolon has cancelled an order for 75 Boeing 737 MAX planes that were due to be delivered by 2023 as it adjusts its order book to the industry disruption caused by the coronavirus pandemic, the Dublin-based firm said on Friday.
With the future of many coronavirus hit firms in their hands, British banks, still scarred by the financial crisis, are worried that they are being asked by a desperate government to make loans that will never be repaid.
SoftBank Group Corp founder and CEO Masayoshi Son on Friday began polling his Twitter followers over whether a state of emergency should be declared, as the number of people in Tokyo infected with the coronavirus continues to rise.
Family-owned restaurants fear they could be pitted against larger competitors, hotel chains and potentially investment funds in a race starting on Friday for a US$349 billion pot of money the US government will offer businesses hard-hit by coronavirus.
China's securities regulator said on Friday it would investigate claims of fraud at Luckin Coffee Inc , and sources said some of the banks involved in the Chinese chain's successful US IPO last year were reviewing their work in the listing.
Fiat Chrysler (FCA) has begun producing ventilator parts to help Italy's Siare Engineering boost its output of the medical equipment needed to treat patients during the coronavirus crisis, the carmaker said on Friday.
Dairy farmer Jason Leedle felt his stomach churn when he got the call on Tuesday evening.
OPEC and allies are working on a deal for an unprecedented production cut equivalent to around 10per cent of global supply, an OPEC source said after U.S. President Donald Trump called on oil nations to stop the oil rout caused by the coronavirus pandemic.
