Credit Suisse's CEO Thomas Gottstein expressed his positive view of business future on Wednesday, seeing improvements after the 2020 year's tough start.
On Wednesday, SoftBank Group-backed chip technology company Arm Ltd stated that Allen Wu, the CEO of its Chiese joint venture, has resigned from his position and been replaced.
Japan's Fujifilm Holdings is set to spend $928M to double capacity at the Danish drug manufacturing facility, as it plans to use it for producing COVID-19 treatments.
One of the largest long-haul airlines in the world, Emirates, announced it was planning more pilots, cabin crew layoffs on Wednesday, in its second consecutive day of redundancies.
According to the IATA forecast, airlines are heading towards $84B loss in 2020, as the COVID-19 crisis cut their income by half.
According to sources with knowledge of the matter, Germany's Economy Ministry plans to spend $566.95M to help investors to build charging terminals for electric vehicles.
The EU's €750B economic rescue plan is unfair to Hungary, the Hungarian Finance Minister Mihaly Varga stated on Tuesday.
According to a report released by the US Commerce Department on Tuesday, wholesale inventories in the US increased by slightly less than expected in April.
Warehousing specialist Segro is set to raise about £650M via private share placement to finance expansion across the UK and continental Europe.
Japan's April real wages declined at their quickest pace since 2019 end, fanning fears over the further consumer sentiment after the economy was hit by the coronavirus.
Turkey's industrial production is expected to have plunged 17% year-on-year in April amid an economic decline brought on by measures against the coronavirus spread.
Germany seeks to earmark €500M from its bumper stimulus package with intention to support the electric car charging stations launch, according to a Reuters report seen on Tuesday.
Airlines are heading to the $84B loss this year after the COVID-19 pandemic cut their revenue by half, marking the sector's worst year in history, the IATA anticipated on Tuesday.
On Tuesday, Wall Street opened lower as investors had shifted their focus to the Federal Reserve meeting over the gradual economic recovery, which took Nasdaq to its all-time high.
Thailand seeks international digital service copanies to pay a VAT, approving a draft bill on Tuesday, in the latest move by another Southeast Asian country that aims to raise tax revenues from foreign tech firms.
On Tuesday, Macy's Inc reported that 450 of its reopened stores beat forecasts by performing better than anticipated, after almost $1B in its quarterly operating losses amid the COVID-19 lockdowns.
On Tuesday, Honda Motor has experienced some output disruptions, as the Japanese carmaker was forced to suspend some of its motorcycle and auto production globally due to a potential cyberattack hit.
On Tuesday, Eurostat revealed that that the shared GDP of 19 EU countries declined by 3.1% on a year-on-year basis.
Vroom Inc, the online used auto seller, has raised $467.5M in its US listing, as the IPO market is gaining momentum following the coronavirus pandemic that put the majority of debuts on hold.
Alibaba Group's cloud unit is planning to recruit 5K staff globally this financial year, aiming to add new employees to the network, chips, AI, servers and database areas, it said on Tuesday.
Google Maps will alert its users about the coronavirus-related travel restrictions, aiming to help people plan their trips, according to the Alphabet unit statement.
The US government announced on Monday that in February the US economy officially entered a recession.
On Monday, the White House announced that the US President Donald Trump would be open for another coronavirus relief package.
Volkswagen announced on Monday that it would replace Herbert Diess as the CEO of the Volkswagen brand.