[ad_1] FILE PHOTO: A worker builds a production ventilator at the General Motors Kokomo manufacturing facility in response to the coronavirus disease (COVID-19) outbreak in Kokomo, Indiana, U.S. April 13, 2020. Picture taken April 13,
Ford to issue debt securities after virus triggers $2 billion loss
[ad_1] (Reuters) – Ford Motor Co said on Friday it would tap debt markets to shore up its cash reserves as the coronavirus outbreak pummeled vehicles sales and halted production, resulting in an estimated loss
Vox Media set to furlough 9% of employees due to coronavirus impact
[ad_1] NEW YORK (Reuters) – Vox Media, the owner of New York magazine, on Friday announced it is furloughing 9% of its workers in an effort to cut spending as the company’s revenues face the
‘It’s a financial choice’ – Romanian farm workers head west despite coronavirus
[ad_1] BUCHAREST (Reuters) – Carmen Mocanu, a 51-year-old labourer, has spent most springs for 15 years picking fruit and vegetables on a German farm. Carmen Mocanu, a 51 years old seasonal, reacts while chatting with
Cash is king as U.S. quarterly reporting season gains steam
[ad_1] FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking (Reuters) – As the U.S. quarterly earnings season picks
Wall Street climbs on Boeing, Trump’s reopening plan
[ad_1] (Reuters) – Wall Street bounced on Friday, boosted by a surge in Boeing shares, with President Donald Trump’s plan to reopen the economy and hopes of a potential drug by Gilead to treat COVID-19
Exclusive: Chinese-backed owners committed to British HQ for Imagination Tech
[ad_1] LONDON (Reuters) – The Chinese-backed owners of Imagination Technologies told the British government on Friday the chip designer would remain headquartered in the United Kingdom and they would consult over any board changes. FILE
Airbus furloughs 3,000 French aerospace workers
[ad_1] FILE PHOTO: The logo of Airbus is pictured at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, November 15, 2019. REUTERS/Regis Duvignau/File Photo TOULOUSE, France (Reuters) – Airbus will furlough some
Latam countries scrap duties on some breathing devices from India
[ad_1] NEW DELHI/BENGALURU (Reuters) – Latin American countries including Brazil, Argentina and Colombia have scrapped import duties on some respiratory equipment from India as a temporary trade-relief measure to fight the new coronavirus, engineering exports
Institutional investors tell Big Pharma to cooperate on coronavirus
[ad_1] AMSTERDAM (Reuters) – Institutional investors in 15 major pharmaceutical companies have called on the drugmakers to set aside rivalries and short-term interests and cooperate on finding solutions to the coronavirus. FILE PHOTO: The logo