Futures tracking the S&P 500 were largely flat on Friday as investors digested a surprise quarterly loss for Nike and the Federal Reserve's move to limit shareholder payouts by banks amid a surge in new coronavirus cases.
German container shipping line Hapag-Lloyd said it had notified customers it will stop accepting cargoes of solid waste, including scrap metal, bound for China that arrive from Sept. 1 onwards to comply with new legislation.
The European Union is investigating Germany's financial regulator over the collapse of payments company Wirecard in a rare move that heaps embarrassment on Berlin days before it is due to take over the EU's rotating presidency.
The German government is making part of its 9 billion euro (US$10.10 billion) bailout fund available to Lufthansa immediately after shareholders backed the rescue plan on Thursday, Der Spiegel magazine reported on Friday.
BMW should shift course and establish a technology platform just for electric cars, moving away from developing cars that can be fitted with either electric or combustion engines, the head of the influential works council said.
Americans will soon get a first full look at which businesses received US$515 billion of taxpayer funds when the government, after initial resistance by President Donald Trump's administration, releases borrower data for one of its highest- profile pandemic aid efforts.
The European Commission in a rare move has asked its markets watchdog to investigate German financial regulator BaFin over the collapse of payments company Wirecard .
SINGAPORE: Southeast Asian e-commerce firm Lazada, a unit of Alibaba Group Holding, on Friday (Jun 26) named its third chief executive in three years, as it battles for dominance in the fast-growing market. Chun Li, Lazada co-president and head of its Indonesia operations, will take the helm from ......
The U.S. Justice Department is seeking the final documents to complete an antitrust investigation of Alphabet Inc's Google , said three sources familiar with the probe, which is expected to end with a lawsuit this summer.
Sanofi is considering cutting up to 1,680 jobs in Europe, two sources familiar with the matter said on Friday, as the French drugmaker outlined plans to reduce costs to staff representatives.
