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Workers nervously eye return to Lear's coronavirus-hit plant in Mexico

Lear Corp is implementing costly safety measures that may hurt productivity at its operations in Mexico after suffering the deadliest known factory-related coronavirus outbreak in the Americas, but the U.S. auto parts maker still faces a battle to win back workers' trust.



5 years ago

EU trade commissioner Hogan mulling candidacy for WTO chief

European trade commissioner Phil Hogan is considering putting his name forward as a candidate to be the next director-general of the World Trade Organization, his spokesman said on Sunday.



5 years ago

Here's how retirement communities are adapting to a post-Covid 19 world

Given the outsized risk that the coronavirus poses to older individuals, age-restricted communities — i.e., those for the 55-plus or 60-plus demographic — are retooling how they operate.

5 years ago

With SpaceX’s first astronaut launch, a new era of human spaceflight has dawned

Space | Mike Wall | May 30, 2020 Momentum is building in the private sector We've gotten our hopes up before. The success of NASA's Apollo moon missions half a century ago, for example, made Mars seem very much within reach for human explorers. Indeed, the space agency drew up plans to put boots on

5 years ago

Without the coronavirus pandemic, these jobs probably wouldn't have existed

As the virus has forced businesses, restaurants, stores and theaters across the country to shut down, a quarter of American workers have filed for unemployment benefits. Yet the public health crisis has also created some new jobs.

5 years ago

Renault chairman dismisses fears over potential Maubeuge closure

Renault has no plans to close its Maubeuge plant in northern France, Chairman Jean-Dominique Senard said on Sunday, two days after the carmaker announced 15,000 job cuts globally as part of a major restructuring.



5 years ago

Russia has no objection to earlier OPEC+ meeting: sources

Russia has no objection to the next meeting of OPEC and its allies, known as OPEC+, being brought forward to June 4 from the following week, three OPEC+ sources familiar with the meeting's preparations told Reuters on Sunday.



5 years ago

Exclusive: Mexican broadcaster Televisa to launch mobile phone service, challenging Slim

Mexican broadcaster Televisa said on Sunday it will start offering mobile phone service, a bid to challenge billionaire Carlos Slim's America Movil, which has long dominated the country's telecommunications market.



5 years ago

Embraer negotiating $600 million bank financing for exports

Brazilian planemaker Embraer SA , the world's third largest commercial jet builder, should obtain $600 million in credit lines from Brazil's state development bank BNDES and private banks in June, government sources said on Sunday.



5 years ago

Amazon's Jeff Bezos invests in UK digital freight forwarder Beacon

Amazon.com Inc Chief Executive Jeff Bezos has picked British startup Beacon, a digital freight forwarder, for his latest investment.



5 years ago

Retailers already hit by coronavirus board up as U.S. protests rage

Retail giant Target shuttered stores across the U.S. as retailers already reeling from closures due to the coronavirus pandemic shut stores amid protests that included looting in many U.S. cities on Sunday.



5 years ago

Crude prices fall on concerns of U.S. riots, even as OPEC meeting advanced

Oil prices fell due to concerns about riots in major U.S. cities that could staunch demand after trading higher on optimism that OPEC would extend or enhance production cuts at a meeting in June.



5 years ago

Coty to appoint Chairman Peter Harf as its new CEO: WSJ

Coty Inc is set to announce that Peter Harf, its current chairman, will become the cosmetics company's new chief executive officer, replacing Pierre Laubies, the Wall Street Journal reported on Sunday, citing people familiar with the matter.



5 years ago

Asia cautious as U.S. riots weigh on S&P futures

Asian share markets started on a cautious note and gold gained on Monday as images of riots in burning U.S. cities unnerved investors already tense over Washington's power struggle with Beijing.



5 years ago

Delta, union working to avoid furloughs of 2,300 pilots

Delta Air Lines Inc and its pilots union said on Sunday they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffing to summer 2021 flying.



5 years ago