Shares of the top four U.S. airlines dropped on Monday after billionaire investor Warren Buffett's Berkshire Hathaway said it offloaded its entire stake in the carriers last month, adding to the sense of crisis around the industry.
Operating profit at Czech carmaker Skoda Auto, part of the Volkswagen Group , fell 25per cent in the first quarter to 307 million euros as the new coronavirus outbreak started to bite, the company said on Monday.
General Electric Co said on Monday it was planning to cut its global workforce in the aviation unit by as much as 25per cent this year, including both voluntary and involuntary layoffs, due to business disruptions caused by the COVID-19 pandemic.
In a break from tradition caused by the coronavirus pandemic, the U.S. Supreme Court on Monday for the first time will hear arguments in a case not in person but by teleconference - a trademark dispute involving the popular hotel reservation website Booking.com.
Apple Inc on Monday launched a new version of its 13-inch MacBook Pro laptop with double the storage compared to its previous generation models as well as a faster 10th-generation processor, the company said.
Mobile operator Vodacom Group said on Monday it had switched on Africa's first live 5G mobile network in three cities in South Africa, with further rollouts planned in other parts of the country.
The French government has rejected Amazon 's request to tap a state partial unemployment scheme for employees at its six warehouses in the country, a spokeswoman for the labour ministry said on Monday.
