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Markets

Ford re-evaluates office space in coronavirus world

Ford Motor Co is re-evaluating how much office space it needs for white-collar workers as restrictions put in place during the coronavirus pandemic are eased and employees return to workplaces.

Markets

US will allow Chinese passenger carriers two flights per week

The U.S. Transportation Department said Friday it will allow Chinese passenger air carriers to operate two flights after Beijing said it would ease coronavirus restrictions to allow in more foreign carriers.

Markets

Brazil, Mexico currencies both rebound but real has more legs than peso

The Brazilian real and Mexican peso have both rebounded strongly in recent weeks, but their rallies are starting to diverge with the peso running out of steam and the real gaining momentum.

Markets

US will allow Chinese passenger carriers to fly two flights per week

The U.S. Transportation Department said Friday it will allow Chinese passenger air carriers to operate two flights after Beijing said it would ease coronavirus restrictions to allow in more foreign carriers.

Markets

Airbus warns it may sue airlines over undelivered jets: paper

Airbus is ready to sue airlines that refuse to honour contracts to take aircraft, its chief executive was quoted on Friday as saying, raising the stakes in a stand-off between some manufacturers and airlines over the corornavirus crisis.

Markets

Exclusive: Marriott says ordered by Trump administration to cease Cuba hotel business

Marriott International , the only U.S. company to run a hotel in Communist-run Cuba, the Four Points Sheraton in Havana, told Reuters it had been ordered by the Trump administration to wind down its operations by August 31.

Markets

Cafe Rouge, Bella Italia could see nearly a third of outlets closed: sources

Britain's high-street restaurant chains Bella Italia, Cafe Rouge and Las Iguanas could see around 30per cent of their outlets cut, two sources told Reuters, as their owner pushes ahead with talks to sell the businesses stricken by the COVID-19 crisis.

Markets

Trump says he views US-China trade deal differently amid coronavirus

U.S. President Donald Trump said on Friday he views the Phase 1 trade deal inked between the United States and China differently in the wake of the coronavirus pandemic.

Markets

Amended COVID-19 laws passed requiring landlords to give SME tenants more rental waivers

SINGAPORE: Landlords will now be required to step up and provide their struggling small and medium-sized enterprise (SME) tenants with rental waivers of up to two months after Parliament passed amendments to the COVID-19 regulations on Friday (Jun 5). As part of the changes that will be ...

Markets

Volkswagen board to review internal probe into racist car ad

Volkswagen has completed an internal report into how it came to publish a racist advert, the German carmaker said on Friday, adding that its findings will be released once its management board has reviewed the matter.

Markets

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