Lufthansa and Germany's government agreed on a preliminary rescue deal worth $9.8B, as the flagship carrier had been hit hard by the crisis caused due to the coronavirus outbreak.
Andy Palmer, Aston Martin's CEO is set to leave the carmaker amid management shake-up, with the Mercedes-AMG's head Tobias Moers to become his successor, according to Reuters.
On Monday, Spain's top industry minister official stated that there was no confirmation from Nissan Motor regarding its plans to shut down the plant in Barcelona.
LVHM's Bernard Arnault has agreed its Groupe Arnault would acquire a stake in his fellow billionaire Arnaud Lagardere's holding company, Lagardere Capital & Management, in a deal that would boost LCM's financial capacities and corporate structure.
The British Prime Minister Boris Johnson seeks to reduce the involvement of Huawei Technologies in the country's 5G network amid the coronavirus crisis, according to the Daily Telegraph newspaper.
Germany's Lufthansa is planning to resume its flights to at least 20 destinations starting from mid-June, including holiday hot-spots, the airline's spokeswoman said.
Hertz Global Holdings, the car rental company, has filed for the US bankruptcy protection, as its business was hit during the coronavirus outbreak, while negotiations with creditors failed to provide the relief.
The freight-forwarder Kuehne+Nagel is likely to cut over 20K jobs, with warehouse employees most affected, due to the global economic crisis caused by the coronavirus that hit shipping, firm's owner Klaus-Michael Kuehne stated.
According to the Financial Times report, published on Sunday, Andy Palmer, the President and Group CEO of Aston Martin, is departing the company.
According to the Chinese state media report, the President of China Xi Jinping said that China could have set the annual GDP growth goal to be around 6% if there was no COVID-19 crisis.
According to the German DPA news agency report, published on Sunday, Richard Grenell, the US Ambassador to Germany, is planning to resign in the coming weeks.
Elisabeth Borne, the French Environment Minister, stated on Sunday that Air France would have to cut domestic flights in exchange for a state loan.
The Indian Federal Civil Aviation Ministry decided on Sunday to renew domestic flights despite the ongoing rise of the number of people infected with coronavirus.
According to Refinitiv Eikon data, the leading Iranian tanker carrying fuel is approaching the Venezuelan coast being escorted by the military.
According to the Financial Times, Aston Martin's Chief Executive Officer Andy Palmer is quitting the company as part of review of management team.
India's southern state of Tamil Nadu, Maharashtra in the west and West Bengal in the east said on Sunday that they are not ready to reopen for flights.
Grant Shapps, Britain's Secretary of State for Transport, announced on Sunday that the UK government would reopen primary schools from June 1.
The German airline Lufthansa would recommence flights to 20 destinations from the middle of June. The company's spokeswoman stated on Sunday.
Wang Yi, China's government top diplomat, said on Sunday that the United States should work with China to fight the coronavirus pandemic.
On Sunday, several lawmakers from Boris Johnson's Conservative Party called for Dominic Cummings, the special advisor for Britain's Prime Minister, to resign.
Grant Shapps, the UK Transport Minister, said on Sunday that Dominic Cummings, the special advisor to Britain's Prime Minister Boris Johnson, would not resign.
The US Ambassador to Australia Arthur B. Culvahouse Jr stated on Sunday that Australia had means to ensure security of telecommunications networks.
On Sunday, the Jerusalem District Court began a trial over the country's Prime Minister Benjamin Netanyahu accused of corruption.
Reliance Industries Ltd launched on Sunday JioMart, an online grocery store, thus challenging Amazon and Flipkart in the Indian market.