Lufthansa's management board has accepted a more favourable set of demands from the European Commission in exchange for approval of a 9 billion euro ($10 billion) government bailout, the carrier said on Saturday, paving the way for its rescue.
The University of Michigan said it is taking steps to bring students back on campus, although going to football games might be harder to imagine.
Credit Suisse will not take a significant hit from its exposure to the battered oil and gas sector, Chairman Urs Rohner told Swiss state broadcaster SRF on Saturday.
Forbes | Colin Harper | May 17, 2020 Two Canadian Bitcoin companies have partnered up to deliver their clients the world’s first 1:1 insurance on bitcoin and cryptocurrency exchange deposits. Toronto-based cryptocurrency exchange Bitbuy, which offers trading in Bitcoin and 6 altcoins, has just inked a deal with Montreal-based Bitcoin security firm Knox. Through the
Aircraft makers are circling Brazil's Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with the matter said.
A 529 savings plan can do more than just help you pay for college — and those benefits could come in particularly handy during the coronavirus crisis.
Interested in raising capital on MicroVentures? In our recent blog, we’re covering four big-picture criteria we look at when reviewing raise application. Continue reading
Millions of Americans who are still waiting for their stimulus payments are likely expecting paper checks by mail. But they could get something else: prepaid debit cards. About 4 million payments will go out this way. Here's what to look for to make sure the card you receive is legit.
Americans are hoarding more money than ever. Here's how to make this momentary spike in savings last through the downturn.
Giovanni Pili, a worker at a Renault factory in France, was on Friday savoring the fact that he was not laid off in a global shakeup at the carmaker, and trying not to think too much about the uncertain future facing his plant, and his industry.
Uber Technologies Inc on Friday said it would offer rides by the hour in some U.S. cities, a feature aimed at helping Americans with essential trips during the coronavirus pandemic.
"Productivity is significantly higher when you give people what they want," Kevin O'Leary told CNBC.
OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey found, although Nigeria and Iraq are laggards in making their share of the reduction.
German automaker Volkswagen will have full management control of its JAC-VW joint venture, the company's China CEO said on Friday.
The Berlin government is likely to reach a deal with Brussels on a $10 billion government bailout of stricken airline Lufthansa , senior government official Thomas Jarzombek said on Friday, but stressed the German airline needed fair treatment.