Americans are split along party lines over whether federal stimulus programs to boost the U.S. economy during the COVID-19 pandemic should prioritize clean energy businesses, according to a survey published by Reuters/Ipsos on Thursday.
Developing a COVID-19 vaccine in record time will be tough. Producing enough to end the pandemic will be the biggest medical manufacturing feat in history.
Peugeot maker PSA's boss Carlos Tavares said on Thursday he was confident the merger of the French carmaker and Fiat Chrysler (FCA) would go ahead as planned and yield synergies of at least 3.7 billion euros (US$4.2 billion).
US cruise line operator Carnival is looking to raise its first leveraged loan as it seeks alternative forms of liquidity to shore up its business, which has been sunk by the coronavirus pandemic.
Lufthansa shares jumped around 15per cent on Thursday after its top shareholder dropped his objections to a 9 billion euro (US$10 billion) government bailout for the German airline brought to the brink of collapse by the COVID-19 pandemic.
BERLIN/MUNICH: Wirecard said on Thursday (Jun 25) it was filing for insolvency after disclosing a US$2.1 billion financial hole in its accounts. The move makes it the first sitting member of Germany's blue-chip share index to go out of business. Shares were suspended by the Frankfurt Stock ...
Global software giant Atlassian will build the world's tallest "hybrid timber" building for its new headquarters in Sydney, the company said Thursday.
German payments company Wirecard said on Thursday it was filing to open insolvency proceedings after disclosing a US$2.1 billion financial hole in its accounts.
Chinese internet giant Tencent said Thursday it had bought some assets of struggling Asian streaming service iflix, in a major expansion of its online video presence in the region.
Unilever is considering marketing changes to its dominant line of skin lightening creams, according to a company source in South Asia, even as the company and its rivals face a growing global social media backlash against such products.
