Norwegian Air has cancelled orders for 97 Boeing aircraft, including 92 of the 737 MAX and five 787 Dreamliners, the Oslo-based budget carrier said in a statement on Monday.
WASHINGTON, DC: The US economy started to rebound earlier than expected, but the recovery will depend on containing the coronavirus and on government efforts to provide support, Federal Reserve Chair Jerome Powell said on Monday (Jun 29). In comments just days after several southern and western US ...
Tesla Inc chief Elon Musk in an internal email called on employees to work hard to allow the electric car maker to break even in the second quarter despite the coronavirus pandemic.
NEW YORK: Wall Street stocks finished solidly higher on Monday (Jun 29), recovering some of last week's losses amid improved investor sentiment as Boeing shares surged on progress in returning the 737 MAX to service. The Dow Jones Industrial Average jumped up 2.32 per cent, or 580.25 points, to 25...
The U.S. economy still appears headed for a "V"-shaped recovery despite some setbacks in efforts to reopen state economies that had been shuttered for the coronavirus, a top White House adviser said on Monday.
The New York Times Co said on Monday it will end its partnership with Apple News, effective June 29, at a time when the publisher is shifting focus to a digital subscription-based model.
Probably the best thing to say about world financial markets so far this year is simply that it has been quite a ride.
GENEVA: Geneva's auto show was cancelled this year amid the coronavirus pandemic, and organisers said on Monday (Jun 29) they were also scrapping the 2021 edition as the auto sector reels from the crisis. The executive committee of the foundation that runs the Geneva International Motor Show, a ...
Cirque du Soleil Entertainment Group said on Monday it has filed for protection from creditors under the Companies' Creditors Arrangement Act (CCAA) as the COVID-19 pandemic forced the famed circus to cancel shows and lay off its artistes.
Social media site Reddit said it had shut down r/The_Donald, a forum for supporters of U.S. President Donald Trump, on Monday as it announced an overhaul of its content policies.
