Daimler AG plans to invest in Farasis Energy's planned $480 million IPO, aiming to ensure a stable supply of batteries from the Chinese firm as it ramps up electric vehicle production, three people familiar with the matter said.
Hong Kong shares extended losses and a gauge of Asian stocks was largely subdued on Monday, after China's move to impose a new security law on Hong Kong heightened concerns about the future stability of the city and global trade prospects.
Lufthansa , which is in talks with the German government over a 9 billion euro ($9.8 billion) bailout, will resume flights to 20 destinations from mid-June, including some holiday hot-spots, a spokeswoman said on Sunday.
Air France will have to "drastically" reduce its domestic air traffic in exchange for state loan guarantees, French Environment Minister Elisabeth Borne said on Sunday.
Amid the coronavirus pandemic, summer offerings vary from traditional in-person day camps to online workshops and classes. In each case, the price varies.
The coronavirus pandemic has had a dramatic effect on nursing homes, including restricting in-person visits. Here's what families can expect in the future.
More than four-fifths of publicly listed companies that received emergency small-business loans from the U.S. government have held onto them, sticking with a certification that they need the money, according to data from market research firm FactSquared.
Aston Martin Chief Executive Andy Palmer is leaving the business as part of a shake-up, the Financial Times reported on Sunday.
Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday.
Japan's government is considering compiling a second extra budget for the current fiscal year worth over 100 trillion yen ($929.45 billion) to combat the economic fallout from the coronavirus pandemic, the Nikkei newspaper reported on Monday.
Japan is considering a fresh stimulus package worth over $929 billion that will consist mostly of financial aid programmes for companies hit by the coronavirus pandemic, the Nikkei newspaper said on Monday.
Asian shares started cautiously on Monday as central bank largesse globally boosted sentiment but rising trade tensions between the world's two biggest economies dulled risk appetite.
Japan is looking to lift a state of emergency for Tokyo and remaining areas still facing restrictions while also considering fresh stimulus worth almost $1 trillion to help companies ride out the coronavirus pandemic, Nikkei reported on Monday.
Great Wall Motor expects China's overall auto sales in the second half this year to return to the same level as last year, its president said, as the world's biggest auto market recovers from a coronavirus-driven low.
Japan will lift a state of emergency for Tokyo and remaining areas still facing restrictions on Monday, while the Nikkei reported a plan for new stimulus worth almost $1 trillion to help companies ride out the coronavirus pandemic.