Renault PA> has put one of its historic buildings up for sale in Boulogne-Billancourt, the birthplace of the carmaker, to cut costs, three sources close to the company told Reuters.
Goldman Sachs Group Inc said Thursday at its annual shareholder meeting that 71per cent of votes were cast in favor of the bank's executive compensation policies for 2019, in preliminary tallies.
Nissan Motor Co's vehicle sales in China this month almost recovered to the prior year's level after a coronavirus-related 45per cent plunge in March, two sources with knowledge of the Japanese automaker's preliminary data said.
Pilots at Lufthansa are ready to sacrifice up to 45per cent of their salaries for more than two years to help cut costs, their union Cockpit said on Thursday, as the airline struggles with the impact of the coronavirus pandemic.
REUTERS: Wall Street brokerages gave a resounding thumbs-up to Tesla Inc's first-quarter numbers on Thursday, lauding the electric carmaker's improved gross margins and sending its shares 8per cent higher in trading before the opening bell. Slipping into profanity on a call with analysts after ...
Breakfast cereal maker Kellogg Co on Thursday reported a 23per cent rise in quarterly profit as consumers in North America and Europe stocked up on its packaged foods amid coronavirus-driven lockdowns.
A group of leading German travel start-ups appealed to U.S. tech giant Google on Thursday to offer them easier terms on paying for advertising to help them ride out the coronavirus pandemic that has devastated their business.
Comcast Corp on Thursday reported its best quarter of broadband net additions in 12 years, but revenue fell shy of Wall Street's estimate as the coronavirus pandemic hurt advertising.
American Airlines on Thursday posted its first quarterly loss since emerging from bankruptcy in 2013, and said it expects second-quarter cash burn rate to be about US$70 million per day, as the COVID-19 pandemic brought travel to a near standstill.
McDonald's Corp reported a 16.7per cent slide in quarterly profit on Thursday as most of its restaurants across the globe limited their services to deliveries and take-aways to halt the spread of the coronavirus pandemic.
