Ford Motor is seeking to convince the UAW union's leaders to restart its operations at the carmaker's most profitable plants in the US, taking a similar step made by Fiat Chrysler and General Motors.
Macy's is planning to reopen 68 stores in the United States on Monday, as the coronavirus lockdowns ease in some of the states, according to the department store operator's statement.
Elliott Management, the US hedge fund, has further reduced its stake in the Italian largest phone company Telecom Italia due to an ongoing rebalancing of its portfolio amid the coronavirus crisis.
AT&T Inc is planning to bring Xandr, its advertising unit, under the WarnerMedia label, right ahead of the streaming channel called "HBO Max" launch in May.
The US Federal Reserve expanded its "Main Street" programme to the larger companies with up to 15K employees, in efforts to support businesses and economy amid the coronavirus crisis.
Twitter reported its Asia's ads sales had slightly rebounded after a drop caused by the coronavirus pandemic, topping the forecasts and adding it had accelerated its work on tools that would help attract advertisers.
Germany's unemployment surged by 373K to 2.639M in April, according to the Labour Office data, while retail sales decreased at their fastest pace in 13 years amid the coronavirus lockdown that hit the European largest economy.
Global smartphone output is seen to plunge by record 16.5% to 287M phones in the Q2 from the prior year as the coronavirus outbreak hit demand, according to TrendForce.
The earnings of the German chemical giant BASF declined to €1.6B in the first quarter of 2020, a decline of 6% from the same period the prior year, the company reports.
The Indonesian economy is expected to expand around 7% the next year, a statement published by the central bank's governor Perry Warjiyo shows.
Taiwan revised its economic growth forecast for the first quarter of 2020 to 1.54% from a previous estimate of 1.8%, the island's statistic agency reports.
The Italian economy contracted by 4.8% in the first three months of 2020, compared to the same period the prior year, Italy's National Statistics Institute reports.
Nokia, Finland-based telecommunications company, reported a net profit of €116M in the first three months of 2020, a statement published by the company shows.
Belarus' foreign debt declined to $16.6B at the end of the first quarter of 2020, a decline of $500M from the beginning of the year, the Finance Ministry reports.
On Thursday, Twitter Inc reported its Asia's ads sales had slightly rebounded after a drop caused by the coronavirus pandemic, topping the forecasts and adding it had accelerated its work on tools that would help attract advertisers.
Germany's unemployment surged by 373K to 2.639M in April, according to the Labour Office data, while retail sales decreased at their fastest pace in 13 years amid the coronavirus lockdown that hit the European largest economy.
On Thursday, McDonald's Corp has missed Wall Street's expectations for its quarterly profit due to the majority of its restaurants around the world limiting their services to the take-away, drive-thru and home delivery to avoid the coronavirus spread.
The video conferencing app Zoom has admitted on Thursday it did not have 300M of daily active users, citing its "unintentional" reference to participants of daily meetings as users in its blog post.
Global smartphone output is seen to plunge by record 16.5% to 287M phones in the Q2 from the prior year as the coronavirus outbreak hit demand, according to TrendForce.
On Thursday, Nokia Oyj posted a 2% drop in its Q1 revenue due to a hit of around $217M to the company's topline amid the coronavirus pandemic, which disrupted China supply.
Airbus has entered talks with France over potential aid for the European jet manufacturer, as the transport sector was hit hard by the outbreak of coronavirus, Airbus CEO Guillaume Faury said on Thursday.
On Thursday, oil prices surged over 10% amid early signs of the US gasoline demand is recovering after being hit by the coronavirus-related restrictions.
Royal Dutch Shell slashed its dividend on Wednesday, for the first time since 1940 after a sharp plunge in its profit due to collapsed global oil demand amid the coronavirus outbreak.
Russia's gas group Gazprom reported a decline net profit to 1.20 trillion roubles last year from 1.46 trillion roubles in 2018 due to weaker demand in Europe in 2019.