Nearly 13,000 Boeing workers, mostly in the US, are set to lose their jobs in the…
Category: News
Tesla to cut car prices in North America and China
Tesla said on Wednesday it will cut prices of its electric vehicles in North America as the…
France announces €8bn rescue plan for car industry
The French government has announced an €8bn (£7.1bn) rescue plan for its car industry, which has…
Lufthansa agrees €9bn rescue deal with Germany
Lufthansa has agreed a rescue deal worth €9bn (£8bn) with the German government that saves it…
New York Stock Exchange trading floor to reopen
The New York Stock Exchange (NYSE) is set to reopen its trading floor on Tuesday after…
UK borrowing at record high as virus cost soars in April
Government borrowing surged to £62bn in April, the highest monthly figure on record, after heavy spending…
Jaguar Land Rover in talks over government loan
Jaguar Land Rover (JLR) is in talks with the government to secure a loan of more…
China scraps annual economic growth target for first time
China will not set an economic growth goal for this year as it deals with the…
Amazon trials online food delivery in India
Internet giant Amazon is entering the meal delivery business with a trial in four parts of…
Rolls-Royce to cut 9,000 jobs amid virus crisis
Rolls-Royce has said it will cut 9,000 jobs and warned it will take “several years” for…
EasyJet to resume flights in June
EasyJet has said it will resume some flights on 15 June, with all passengers and cabin…
Thai Airways saved from the brink by government
Loss-making Thai Airways has been allowed to restructure its debts to keep its planes in the…