WeWork co-founder Miguel McKelvey will leave the company at the end of June, a spokesman for the troubled office-sharing start-up said on Friday.
Chinese online grocery firm Dada Nexus Ltd on Friday raised US$320 million in an upsized initial public offering, amid increased scrutiny of Chinese companies pursuing U.S. listings.
Ford Motor Co is re-evaluating how much office space it needs for white-collar workers as restrictions put in place during the coronavirus pandemic are eased and employees return to workplaces.
The U.S. Transportation Department said Friday it will allow Chinese passenger air carriers to operate two flights after Beijing said it would ease coronavirus restrictions to allow in more foreign carriers.
The Brazilian real and Mexican peso have both rebounded strongly in recent weeks, but their rallies are starting to diverge with the peso running out of steam and the real gaining momentum.
The U.S. Transportation Department said Friday it will allow Chinese passenger air carriers to operate two flights after Beijing said it would ease coronavirus restrictions to allow in more foreign carriers.
Airbus is ready to sue airlines that refuse to honour contracts to take aircraft, its chief executive was quoted on Friday as saying, raising the stakes in a stand-off between some manufacturers and airlines over the corornavirus crisis.
Marriott International , the only U.S. company to run a hotel in Communist-run Cuba, the Four Points Sheraton in Havana, told Reuters it had been ordered by the Trump administration to wind down its operations by August 31.
Britain's high-street restaurant chains Bella Italia, Cafe Rouge and Las Iguanas could see around 30per cent of their outlets cut, two sources told Reuters, as their owner pushes ahead with talks to sell the businesses stricken by the COVID-19 crisis.
U.S. President Donald Trump said on Friday he views the Phase 1 trade deal inked between the United States and China differently in the wake of the coronavirus pandemic.
