Markets

Nissan Motor Co is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more effective sharing of products and investments with partner Renault, three sources told Reuters.

U.S. stock index futures surged on Monday with gains spread across stocks ranging from autos to oil as many of the hard-hit countries eased restrictions on business and social activities, boosting hopes of a global economic recovery.

U.S. car rental company Hertz Global Holdings Inc on Monday appointed Paul Stone as its chief executive officer.

REUTERS: With jury trials on hold throughout the United States because of the coronavirus pandemic, court officials in Texas are preparing to try something new: let jurors hear a case through Zoom. Lawyers in an insurance dispute in Collin County District Court on Monday will present their case by...

Medical diagnostic firm PerkinElmer Inc faces a federal investigation into its role in an alleged Medicare fraud involving tens of thousands of unnecessary genetic cancer tests, according to three sources with knowledge of the probe and documents reviewed by Reuters.

U.S. stock index futures surged on Monday with gains spread across stocks ranging from autos to oil as many of the hard-hit countries eased restrictions on business and social activities, boosting hopes of a global economic recovery.

REUTERS: The coronavirus crisis is accelerating a shift in the world of autonomous cars toward delivering packages instead of people, as big players open up a lead over startups in the race for funding. "The reality right now is that goods delivery is a bigger market than moving people,"...

Thyssenkrupp's powerful labor representatives are open to consolidation talks in the steel sector, a leading union official told Reuters on Monday.

Chris and Amy Hillyard opened their Oakland, California restaurant late last month for the first time since mid-March, thanks in large part to a government loan aimed at tiding over small firms during the worst of the coronavirus crisis.

SINGAPORE: Gojek drivers will now be able to provide food delivery services to supplement their income, through a partnership with Deliveroo. Announcing the move on Monday (May 18), ride-hailing operator Gojek said that its drivers will be allowed to deliver food in four locations: Bukit Merah ...