General Motors Co's South Korean unit plans to sharply cut output this month at a factory producing its new Trailblazer sport-utility vehicle (SUV), as the coronavirus outbreak weighs on its U.S. exports and also disrupts parts supplies.
Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest 56.56 billion rupees ($746.74 million) in its digital arm, giving it a valuation of 4.90 trillion rupees.
Rocket Lab CEO Peter Beck told CNBC that the impact of the coronavirus crisis on the space industry is in "early days," as he expects a tough environment for at least 18 more months.
After the coronavirus pandemic passes, life will continue in many regards, but nothing will be the same and the economy won't return to the way it was, not for a long time.
Tesla Inc told furloughed employees on Friday that they will remain out of work for at least another week, postponing a plan to resume normal operations on May 4 at its San Francisco vehicle-assembly plant, according to an internal email.
French bank Societe Generale expects to have to provision 3.5 billion euros to 5 billion euros ($3.84 bln-5.49 bln) this year because of losses due to the coronavirus crisis, its chief executive said in an interview on Saturday.
Warren Buffett's Berkshire Hathaway Inc on Saturday posted a record net loss of nearly $50 billion as the coronavirus pandemic pummeled its common stock investments, but operating profit rose even as COVID-19 hurt its businesses.
Business owners who successfully got loans during the second round of the Paycheck Protection Program describe the emotional roller coaster of the process.
Icahn's next energy bet could pay off through a takeover or a rebound in oil prices.
Warren Buffett's Berkshire Hathaway Inc is being hit hard by the coronavirus pandemic, posting a record quarterly net loss of nearly $50 billion on Saturday and saying performance is suffering in several major operating businesses.
Gargiulo Produce opened in 1929 as a vegetable cart going door to door to sell food. Now, the company sells online to survive the coronavirus shutdown.
Germany, Italy and Spain have joined a call by 12 European Union governments for the EU's executive body to suspend rules forcing crisis-hit airlines to offer full cash refunds for cancelled flights, France said in a statement on Saturday.
Guest Post | May 2, 2020 For months the coronavirus pandemic has been affecting the world, the economy, and our daily lives. With this has come an uptick in some unexpected and negative situations including cybercrime. Cybercrime certainly isn’t a new concept for businesses, but increasingly organizations, including the World Health Organization, are the target
Uppercase COVID-19 Retail Guide for Founders | May 2, 2020 Your monthly rent is likely one of your larger expenses. COVID-19 has forced non-essential businesses to close in most states in the US and provinces in Canada. It's important to take the right steps and know what options you have as well as understand your
Warren Buffett said on Saturday gave an upbeat assessment of the United States' ability to withstand crises, even as he acknowledged that the coronavirus pandemic could have a wide range of impacts on the economy.