Toyota Motor Corp said it will extend a shutdown of all North American plants for two weeks due to the ongoing COVID-19 pandemic and decline in vehicle demand.
Morgan Stanley pledged to not cut any jobs this year, according to a memo seen by Reuters, as the Wall Street bank sought to reassure employees worried about their jobs during the coronavirus pandemic.
SAN FRANCISCO: Airbnb said on Thursday (Mar 26) it would provide free or subsidised housing for up to 100,000 relief workers responding to the coronavirus pandemic around the world. The home-sharing platform said it would subsidise the stays for health professionals and other emergency responders ...
The German airline Condor has applied for an additional 200 million euros in state aid in the wake of the coronavirus outbreak, two people with knowledge of the matter said on Thursday.
GENEVA: The number of jobs lost around the world due to the coronavirus crisis could be "far higher" than the 25 million the International Labour Organization (ILO) estimated just a week ago, a senior ILO official said on Thursday (Mar 26). The United Nations agency said on Mar 18 that,...
WASHINGTON: The World Bank's board is finalising a package of coronavirus relief valued at up to US$160 billion over the next 15 months, the development lender's president, David Malpass said on Thursday (Mar 26). "The goals are to shorten the time to recovery; create conditions for growth; ...
Two employees of Tesla Inc have tested positive for coronavirus, Business Insider reported on Thursday, citing an internal email.
WeWork told investors on Thursday the US$4.4 billion in cash and cash commitments it had on hand at year-end 2019 is sufficient to execute its five-year plan, including managing the challenges posed by the recession-bearing coronavirus crisis.
HSBC has said it is delaying the "vast majority" of its planned redundancies to deal with the fallout from the coronavirus pandemic, a memo sent to staff seen by Reuters said.
Harley-Davidson Inc on Thursday withdrew its financial forecasts as the coronavirus outbreak hurts its supply chain, and warned further disruptions could dent its ability to supply and sell motorcycles.
