Delta Air Lines wants at least 3K of its roughly 20K flight attendants taking unpaid leave for the period of 4-12 months, seeking involuntary furloughs avoidance, a source familiar with the issue said on Friday.
Refinitiv data showed that profit growth outlooks of the US companies are expected to remain unharmed in the following five years, suggesting that the coronavirus impact on firms might be more fleeting compared to previous crises.
Japan and Britain are close to signing their trade deal, but the conditions of the accessibility to the agricultural goods have not been defined yet.
Despite the $1.8B net loss reported by Uber in Q2 2020, the revenue of Uber Eats grew twice to $1.2B under the influence of the coronavirus restrictions.
The Indian vehicle manufacturer Mahindra & Mahindra Limited is searching for financing partners and planning to become a leading electric car manufacturer in India.
US job growth slowed sharply in July due to a new outburst of the coronavirus infections, according to the Labor Department data published on Friday.
On Friday, Mitsubishi Motors announced its Chairman Osamu Masuko had resigned due to health issues and was succeeded by the CEO Takao Kato.
Singapore's second-biggest lender OCBC has posted a larger-than-anticipated 40% drop in its Q2 net profit this Friday, hit by the loan-loss provisions in the market hurt by the pandemic and its customer activity slowdown.
On Friday, Goldman Sachs Group has cut its previously announced quarterly earnings due to setting aside additional money for the settlement with Malaysia over the 1MDB scandal.
Jeff Bezos, Amazon.com's Chief Executive Officer, has sold $3.1B worth shares in the e-commerce giant, according to regulatory filings, Reuters reported.
On Friday, the Chinese tech giant Tencent's shares plunged over 4% after the US President Donald Trump ordered a ban of the WeChat-related US transactions.
The US President Donald Trump is preparing bans on the US transactions with China owners of the WeChat messaging app and TikTok, the video-sharing app, escalating tensions with Beijing and clouding the the global tech industry's future.
Intercontinental Exchange is set to acquire Ellie Mae, the mortgage finance industry tech platform, from the PE company Thoma Bravo in the deal worth $11 billion.
China's exports grew 7.2% in July, the fastest pace in the seven-month period, while the country's trade surplus remained at $62.33B.
Indonesia added more technology firms, which will be obligated to apply 10% VAT on sales to local customers to include Disney, Facebook and TikTok.
Amazon.com Inc CEO Jeff Bezos sold his shares worth $3.1B in the e-commerce firm in recent days, regulatory filings revealed.
T-Mobile US stated that it added more postpaid subscribers than anticipated in the Q2, as more clients used its services to stay connected during coronavirus lockdowns.
World trade is expected to decline sharply in 2020 amid the coronavirus pandemic, a statement published by the World Trade Organization shows.
The economy of Morocco is expected to shrink by 2% in 2020, a statement published by the European Bank for Reconstruction and Development shows.
The Cyprus economy is expected to contract 6.9% in 2020 amid the coronavirus pandemic, a statement published by the Research Center of the University of Cyprus shows.
Moody's Investors Service revised India's economic growth forecast to 0% for the fiscal year 2021, data published by the company show.
The Polish economy is expected to contract 4.25% in 2020 amid the COVID-19 pandemic, a report published the European Commission states.
Toyota Motor reported its Q2 operating profit plunged as much as 98% to $131.73M, the weakest Q2 profit in the last nine years, tumbled by the coronavirus pandemic that hit the carmaker's vehicle sales.
ViacomCBS Inc surprised Wall Street with higher-than-expected results of its Q2 profit and revenue on Thursday, driven by robust demand for streaming and sending its shares up 7% on the news.