A key step to the return to service of the grounded Boeing 737 MAX could take place as soon as early next week, two people briefed on the matter said.
U.S. consumer spending rebounded sharply in May, but the gains are not likely to be sustainable, with income dropping and expected to decline further as millions lose their unemployment checks starting next month.
L'Oreal, the world's biggest cosmetics company, has decided to remove words referring to "white", "fair" and "light" from its skin-evening products, a spokeswoman said on Friday.
American Airlines said on Friday it would stop limiting the number of seats it sells on each flight from July 1.
Canada's Supreme Court on Friday ruled in favor of a driver for Uber Technologies Inc in a gig economy case that paves the way for a class action suit calling for drivers to be recognized as employees.
Microsoft Corp said on Friday it would close its retail stores and take a related pre-tax asset impairment charge of US$450 million in the current quarter.
French video games group Ubisoft said it was investigating allegations of misconduct at the company, which earlier media reports said centred around charges of sexual misconduct.
Luckin Coffee Inc said on Friday Nasdaq Inc notified the Chinese coffee chain that its shares would be suspended at the open on Monday.
BANGKOK: Low-cost carrier Scoot announced on Friday (Jun 26) that the board of directors of NokScoot has passed a resolution to liquidate the troubled airline. NokScoot is a joint venture between Scoot and Thailand-based airline Nok Air. NokScoot's shareholders will deliberate the same ...
U.S. auto sales are expected to continue their recovery in June following a collapse in April, as coronavirus-led lockdown restrictions ease and buyers slowly return to the market, industry consultants J.D. Power and LMC Automotive said.
