TOKYO (Reuters) – Nissan Motor Co (7201.T) expects equal contributions to global car sales from China, the United States and elsewhere in coming years as the struggling Japanese carmaker strategises to recover profitability, two people with knowledge of the issue said. FILE PHOTO: A Nissan logo is pictured at Brussels Motor Show, Belgium, January 9,
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FILE PHOTO: An empty Wework office is seen after California issued a stay-at-home order as the spread of the coronavirus disease (COVID-19) continues, in Los Angeles, California, U.S., April 3, 2020. REUTERS/Lucy Nicholson (Reuters) – The We Company, owner of WeWork, said on Thursday that for the first time quarterly revenue surpassed $1 billion and
FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 26, 2020. REUTERS/Jeenah Moon (Reuters) – U.S. stock index futures edged lower on Thursday following two sessions of sharp declines, as investors worried that
New York (Reuters) – The S&P 500 closed lower for the second day in a row after Federal Reserve Chairman Jerome Powell warned on Wednesday of extended economic weakness due to the coronavirus pandemic and called for Congress to agree on additional fiscal support. FILE PHOTO: The New York Stock Exchange (NYSE) is seen in
COPENHAGEN (Reuters) – Shipping group A.P. Moller-Maersk (MAERSKb.CO) warned of a sharp drop in global container volumes due to the coronavirus pandemic, with weaker retail sales and depressed car production dampening demand. FILE PHOTO: The ship Anna Maersk is docked at Roberts Bank port carrying 69 containers of mostly paper and plastic waste returned by
FILE PHOTO: An American Airlines airplane sits on the tarmac at LAX in Los Angeles, California, U.S., March 4, 2019. Picture taken March 4, 2019. REUTERS/Lucy Nicholson (Reuters) – The top three U.S. airlines have told their flight attendants not to force passengers to comply with a new policy requiring face coverings, just encourage them
FRANKFURT/DUESSELDORF, Germany (Reuters) – German conglomerate Thyssenkrupp (TKAG.DE) warned on Tuesday that its operating loss could swell to 1 billion euros ($1.1 billion) in the April to June quarter due to the coronavirus crisis. FILE PHOTO: The logo of Thyssenkrupp is seen near elevators in its headquarters in Essen, Germany, November 21, 2019. REUTERS/Leon Kuegeler
(Reuters) – Caesars Entertainment Corp (CZR.O) missed quarterly revenue estimates on Monday as it shuttered its casinos amid nationwide lockdowns to contain the spread of the COVID-19 pandemic. FILE PHOTO: The 550 foot-tall (167.6 m) High Roller observation wheel, the tallest in the world, is the centerpiece of the $550 million Linq project, a retail,
LONDON (Reuters) – Oil prices fell on Monday as a new wave of coronavirus infections in some countries and concern over a persistent glut cancelled out support from supply cuts by the world’s biggest producers. FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in
FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. Picture taken November 24, 2019. REUTERS/Angus Mordant/File Photo NEW YORK (Reuters) – Oil prices opened about 1% lower on Sunday as a persistent glut continued to weigh on
DUBAI (Reuters) – Emirates, one of the world’s biggest long-haul airlines, said on Sunday it will raise debt to help it through the coronavirus pandemic and may have to take tougher measures as it faces the most difficult months in its history. FILE PHOTO: Emirates Airline Boeing 777-300ER planes are seen at Dubai International Airport
FILE PHOTO: Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo (Reuters) – Tesla Inc’s (TSLA.O) chief executive Elon Musk tweeted on Saturday that Tesla will move its headquarters and future programs to Texas or Nevada from California immediately.
SAN FRANCISCO (Reuters) – As many parts of the world’s biggest economy begin to reopen after weeks of stay-at-home orders that slowed the spread of the coronavirus but gutted jobs, Americans should not expect a quick return to growth, U.S. Federal Reserve officials said on Friday. FILE PHOTO: The Federal Reserve Board building on Constitution
(Reuters) – Major U.S. stock indexes jumped on Friday and logged solid gains for the week after data on historic job losses due to the coronavirus crisis showed they were slightly fewer than feared. FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of
FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder FRANKFURT (Reuters) – Germany’s financial market watchdog BaFin is investigating Wirecard’s (WDIG.DE) communication with investors directly ahead of the publication of a critical
(Reuters) – Michigan Governor Gretchen Whitmer on Thursday said the state’s factories can reopen on May 11, removing one of the last major obstacles to North American automakers bringing thousands of laid-off employees back to work amid the coronavirus pandemic. FILE PHOTO: Michigan Democratic gubernatorial candidate Gretchen Whitmer with U.S. Sen. Debbie Stabenow talk to