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Spain says will try to convince Nissan to change its mind on Barcelona plant, hopes Renault stays

Spain will do everything it can to overturn Nissan's decision to close its Barcelona plant, Foreign Minister Arancha Gonzalez Laya told Reuters in an interview.



5 years ago

Exclusive: Nissan settles dispute with Indian state over unpaid dues - sources

Nissan Motor Co has agreed to settle a long-running dispute with the Indian state of Tamil Nadu after claiming it was owed 50 billion rupees ($660 million) in unpaid dues and damages, six sources told Reuters.



5 years ago

Oil prices little changed as U.S. crude, diesel stocks swell

Oil futures dipped and then bounced to trade around even on Thursday after U.S. crude and distillate inventories rose much more than expected, with traders also worried that China's new Hong Kong security law could result in trade sanctions.



5 years ago

S&P 500 drifts higher on healthcare, tech lift

Wall Street's major indexes rose on Thursday, boosted by gains in healthcare and technology stocks, as investors hoped for a swift economic recovery from a coronavirus-driven economic slump.



5 years ago

Citigroup looks to return some staff to NY headquarters over the summer: Bloomberg News

Citigroup Inc looks to return a small number of staff to its New York headquarters in July or possibly August, with workers reentering its London offices possibly even earlier, Chief Executive Officer Michael Corbat told Bloomberg News in an interview.



5 years ago

Expanded unemployment benefits for self-employed reach 8 million workers

Expanded unemployment benefits offered through the Pandemic Unemployment Assistance program are reaching nearly 8 million Americans, about 25% of all recipients.

5 years ago

KKR to inject money into vending machine group Selecta: sources

U.S. buyout group KKR is preparing to inject funds into Swiss vending machine company Selecta, which is saddled with debts and faces a loss of business due to the coronavirus crisis, four sources close to the matter said.



5 years ago

Spain aims to convince Nissan to change mind on Barcelona plant, hopes Renault stays

Spain will do everything it can to get Nissan to reverse its decision to close its Barcelona plant, Foreign Minister Arancha Gonzalez Laya said on Thursday.



5 years ago

Southwest Airlines adds routes catering to business travelers

Southwest Airlines Co said on Thursday it was adding new routes with more frequencies and nonstop flights from Phoenix, Denver, Las Vegas and Nashville.



5 years ago

Stocks, euro rise on recovery hopes, U.S.-China tensions lift gold

Equity markets climbed on Thursday as more businesses returned to work and as a 750-billion-euro stimulus plan in Europe lifted regional stock indices and the euro, but gold rebounded on deteriorating U.S.-China relations.



5 years ago

Morgan Stanley not given advisory role on Aramco pipeline sale: sources

Morgan Stanley has not been given an advisory role on the potential sale of a stake in Saudi Aramco's pipeline business, a deal worth over $10 billion, two sources told Reuters.



5 years ago

General Electric CEO warns of negative cash flow in 2020

General Electric Co on Thursday warned 2020 free cash flow would be negative as it struggles with weakness in its aviation and power units due to the coronavirus outbreak.



5 years ago

Champagne sales sink in a world with little to celebrate

Global champagne sales are forecast to slump by a third, or 100 million bottles, this year as the coronavirus crisis shuts bars and restaurants worldwide and hammers economies.



5 years ago

Trump set to order review of law that protects social media companies

U.S. President Donald Trump is expected to order a review of a law that has long protected internet companies, including Twitter and Facebook, an extraordinary attempt to intervene in the media that experts said was unlikely to survive legal scrutiny.



5 years ago

Volkswagen approves further projects in Ford alliance

Volkswagen said on Thursday its supervisory board had approved further projects in its alliance with Ford .



5 years ago