Markets

FRANKFURT: Investors welcomed former Daimler chief executive Dieter Zetsche's decision to forego his role as chairman of the German carmaker, announced at the weekend and starting a race to find an independent head of the company's supervisory board. Zetsche, 67, a former head of the Mercedes-Benz ...

Local union leadership in Canada across all Ford Motor Co locals in both trades and production approved the tentative deal reached between Unifor and the company, the union said http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20200927:nCNWpdNvTa on Sunday.

The nomination of Manfred Knof as chief executive of Germany's Commerzbank paves the way for an overhaul that could close hundreds of branches and shrink its foreign operations, though any major changes may still take months to formalise.

DUBAI: Qatar Airways received a 7.3 billion riyal (US$1.95 billion) lifeline from the government of Qatar after losing 7 billion riyals in the year to Mar 31, the state-owned carrier disclosed on Sunday (Sep 27). The airline had flagged in March that it would seek state support as the COVID-19 ......

An issue with England's COVID-19 smartphone app, launched to curb the spread of the virus, which meant it could not accept around a third of test results has been resolved, the government said on Sunday.

Qatar Airways reported a loss of 7 billion riyals (US$1.92 billion) on Sunday for the year ending March 31, as the coronavirus crisis hurt the aviation industry around the world.

Former Audi boss Rupert Stadler on Wednesday becomes the first to stand trial in Germany over the "dieselgate" emissions scandal, five years after parent company VW admitted responsibility.

OPEC faces a critical moment in its 60-year history with the coronavirus crushing crude demand and prices, discord among its members, and threats from a world seeking cleaner fuels.

Hopes raised by West African leaders of finally launching this year their "Eco" common currency, in the pipeline for three decades, have faded as the coronavirus crisis and squabbling over severing the remaining monetary ties to former colonial ruler France snarl progress.

A judge was set to rule Sunday on whether to allow a Trump administration ban on downloads of popular video-sharing app TikTok, which is seeking an injunction to prevent what it said could be a devastating blow.