Cirque du Soleil Entertainment Group is exploring debt restructuring options that include a potential bankruptcy filing, after it was forced to cancel shows because of the coronavirus outbreak, people familiar with the matter said.
The Federal Reserve announced Thursday it was giving small U.S. banks another month to file financial statements due at the end of March.
PARIS: Huawei drove into its post-Google era on Thursday (Mar 26) with a flagship smartphone that uses none of the Android maker's apps now that the Chinese group has been blacklisted by US authorities. The new P40 might not be the first Google-free phone launched by Huawei, it is...
Senior cabinet officials in the Trump administration agreed to new measures to restrict the global supply of chips to China's Huawei Technologies, sources familiar with the matter said, as the White House ramps up criticism of China over coronavirus.
Stock exchanges across Europe have implemented their business continuity plans due to the coronavirus epidemic and markets are working well under extreme conditions, the Federation of European Securities Exchanges said on Thursday.
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,...
