China's auto sales in May rose 14.5% from the same month a year earlier, industry data showed on Thursday, the second consecutive month of increase as the world's biggest vehicle market recovers from lows hit during coronavirus lockdowns.
Britain's Heathrow Airport, which before the coronavirus pandemic was the busiest in Europe, said it had started a voluntary redundancy scheme after passenger numbers fell to an all-time low and it could not rule out further job losses.
Asian shares swung lower on Thursday while bonds rallied after a downbeat economic outlook from the U.S. Federal Reserve stoked speculation it would have to add to already historic levels of stimulus to underpin a recovery.
Finnish telecoms network maker Nokia said on Thursday it has appointed Marco Wiren as chief financial officer following changes of its chairman and chief executive this year.
Layoffs in the United States are abating, but millions who lost their jobs because of COVID-19 continue to draw unemployment benefits, suggesting the labor market could take years to heal from the pandemic even as businesses resume hiring workers.
Indonesian motorcycle taxi driver Aji chain-smokes and checks his smartphone constantly while waiting for orders by the roadside in downtown Jakarta on a hot June morning, but is staring at the prospect of another fruitless day.
Battered by lockdowns and movement restrictions in the coronavirus pandemic, ride-hailers around the world are cutting jobs and pay, and slashing other costs. In Southeast Asia, the pandemic has raised doubts whether the ride-hailing firms can maintain their promise of improving the lives of millions of poor.
New U.S. solar installations will increase by a third this year, a report published on Thursday showed, as soaring demand by utilities for carbon-free power more than outweighs a dramatic decline in rooftop system orders for homes and businesses due to the coronavirus pandemic.
"I think you just kind of have to let it come down and see whether there's anything left of the day traders after they have their margin calls," said "Mad Money" host Jim Cramer.
Democrats and Republicans in Congress are butting heads over the extension of enhanced unemployment payments past July, when they're scheduled to expire.
Record levels of unemployment. Terrifying market volatility. A pandemic that's infected more than 1.8 million Americans. Three financial advisors describe how they prepared themselves and their clients for the Covid-19 crisis
Whether the jackpot is claimed as an annuity or lump sum, federal and state taxes will be withheld, and more will likely be due to Uncle Sam at tax time.
Although the SBA has approved more than 4.5 million emergency loans to support small businesses, many workers are still unemployed.
Starbucks Corp said on Wednesday it expects current-quarter operating income to plunge by up to $2.2 billion, and sales to decline for the rest of the year even as nearly all its cafes have reopened following easing of coronavirus lockdowns.
Jack Dorsey, the chief executive of Square Inc and Twitter Inc, said June 19, popularly known as 'Juneteenth', would be a permanent company-wide holiday in the United States to show support for racial diversity.