Embraer SA said on Monday it had secured a $600 million loan, partly backed by Brazil's government, at the same time as a key executive departed the planemaker weeks after a potentially transformational deal with Boeing Co fell apart.
The Federal Reserve on Monday launched its Main Street Lending Program, the most complex program undertaken yet by the U.S. central bank to help keep the backbone of the economy from buckling under the strains of the coronavirus pandemic.
The United States and China will each allow four weekly flights between the two countries, the U.S. Transportation Department said on Monday, easing a standoff on travel restrictions in the midst of the novel coronavirus pandemic.
Proxy adviser Institutional Shareholder Services Inc (ISS) on Monday urged Tesla Inc shareholders to vote against the re-election of chairwoman Robyn Denholm at the electric carmaker's annual meeting next month.
General Motors Co's top executive struck an optimistic note on Monday about U.S. new vehicle demand despite the coronavirus pandemic, and the ability to sell electric vehicles at a profit, especially in China.
The U.S. economy will experience a "significant, historic" contraction in the second quarter before it starts to rebound, and unemployment will remain elevated at the end of 2020, Dallas Federal Reserve President Robert Kaplan said on Monday.
Britain's Foreign Secretary Dominic Raab voiced a thinly veiled criticism of HSBC on Monday after the bank backed China's national security law for Hong Kong, contradicting the British government's opposition to it.
Italian Economy Minister Roberto Gualtieri said on Monday the government is closely watching the merger between the London Stock Exchange (LSE) and Refinitiv, and its implications for the Italian bourse owned by LSE.
If the pandemic has taught investors anything it's that they can't predict what's going to happen next to their portfolio. Their best bet is to hope that what's been true over the last century hasn't changed: over the long-term, stocks go up in value.
Oil prices rose on Monday as signs fuel demand was recovering while OPEC+ members were complying with a production cut deal outweighed fears that new coronavirus infections could further slow the global economy.
The United States will amend its prohibitions on U.S. companies doing business with China's Huawei to allow them to work together in standards setting for next-generation 5G networks, according to people familiar with the matter.
The Trump administration doesn't want to extend a federal enhancement to unemployment benefits, which is scheduled to end July 31, according to a senior aide. Instead, it wants to offer a cash bonus for those who return to work.
Oil prices fell on Monday as new coronavirus infections hit the United States and China, feeding worries that renewed lockdowns could hamper economic recovery and dent fuel demand.
The U.S. mattress business has bounced back after months of shutdowns from the coronavirus pandemic kept customers away.
BP will write off up to $17.5 billion from the value of its assets after cutting its long-term oil and gas price forecasts, betting the COVID-19 crisis will cast a lasting chill on energy demand and accelerate a shift away from fossil fuels.