Lufthansa said on Monday it was shrinking its fleet further as a result of the coronavirus pandemic, forcing it to take a 1.1 billion euro (US$1.3 billion) impairment on the value of its aircraft in the third quarter.
"If we find that they don't have total control, then we're not going to approve the deal... We will be watching it very closely," Trump told Fox News in an interview.
Dow futures fell more than 600 points on Monday as concerns about fresh coronavirus-driven lockdowns and the inability of Congress to agree on more fiscal stimulus raised fears about another hit to the domestic economy.
The U.S. Commerce Department said Monday it will challenge an order issued Sunday by a U.S. judge that blocked the department's order requiring Apple and Google to remove WeChat from their U.S. app stores.
China's ride-hailing giant Didi Chuxing and electric vehicle maker BYD plan to launch this year a test batch of a vehicle they have designed for ride-hailing services, people familiar with the matter said.
Goldman Sachs has promoted investment bankers Michael Carr, Dusty Philip and Gilberto Pozzi to co-chairs of its global mergers and acquisitions franchise, a memo seen by Reuters showed.
Gene sequencing company Illumina Inc will pay US$7.1 billion in cash and stock to buy cancer test startup Grail Inc, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Washington's leading liberal think tank, which for years has shaped Democratic financial, economic and social policies, has begun drawing up a list of Wall Street-friendly rules that could be swiftly repealed if the party wins big in the election.
Boeing Co is nearing a decision to shift more 787 Dreamliner production to South Carolina, industry sources said, a cost-cutting strategy accelerated by the COVID-19 pandemic that would deplete its iconic factory north of Seattle.
Norway's US$1.15 trillion sovereign wealth fund should shift more assets into the United States and Canada, while cutting its holdings in Europe, the country's minority government said on Monday.
