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Spain says it will do all it can to reverse Nissan closure, workers protest

Spain says it will do all it can to reverse Nissan closure, workers protest

Spain said on Thursday it would do everything possible to stop Nissan from closing its main car factory in the country as angry workers burned tyres and shouted "War" outside the Barcelona plant.



6 years ago
Exclusive: U.S. taxpayers' virus relief went to firms that avoided U.S. taxes

Exclusive: U.S. taxpayers' virus relief went to firms that avoided U.S. taxes

Last month Zagg Inc, a Utah-based company that makes mobile device accessories, received more than $9.4 million in cash from a U.S. government program that has provided emergency loans to millions of businesses hit by the coronavirus.



6 years ago
Citigroup looks to return some staff to NY headquarters over the summer: Bloomberg News

Citigroup looks to return some staff to NY headquarters over the summer: Bloomberg News

Citigroup Inc looks to return a small number of staff to its New York headquarters in July or possibly August, with workers reentering its London offices possibly even earlier, Chief Executive Officer Michael Corbat told Bloomberg News in an interview.



6 years ago
Oil prices little changed as U.S. crude, diesel stocks swell

Oil prices little changed as U.S. crude, diesel stocks swell

Oil futures dipped and then bounced to trade around even on Thursday after U.S. crude and distillate inventories rose much more than expected, with traders also worried that China's new Hong Kong security law could result in trade sanctions.



6 years ago
Spain aims to convince Nissan to change mind on Barcelona plant, hopes Renault stays

Spain aims to convince Nissan to change mind on Barcelona plant, hopes Renault stays

Spain will do everything it can to get Nissan to reverse its decision to close its Barcelona plant, Foreign Minister Arancha Gonzalez Laya said on Thursday.



6 years ago
Stocks, euro rise on recovery hopes, U.S.-China tensions lift gold

Stocks, euro rise on recovery hopes, U.S.-China tensions lift gold

Equity markets climbed on Thursday as more businesses returned to work and as a 750-billion-euro stimulus plan in Europe lifted regional stock indices and the euro, but gold rebounded on deteriorating U.S.-China relations.



6 years ago
Spain says will try to convince Nissan to change its mind on Barcelona plant, hopes Renault stays

Spain says will try to convince Nissan to change its mind on Barcelona plant, hopes Renault stays

Spain will do everything it can to overturn Nissan's decision to close its Barcelona plant, Foreign Minister Arancha Gonzalez Laya told Reuters in an interview.



6 years ago
Southwest Airlines adds routes catering to business travelers

Southwest Airlines adds routes catering to business travelers

Southwest Airlines Co said on Thursday it was adding new routes with more frequencies and nonstop flights from Phoenix, Denver, Las Vegas and Nashville.



6 years ago
S&P 500 drifts higher on healthcare, tech lift

S&P 500 drifts higher on healthcare, tech lift

Wall Street's major indexes rose on Thursday, boosted by gains in healthcare and technology stocks, as investors hoped for a swift economic recovery from a coronavirus-driven economic slump.



6 years ago
Home trading triggers bank 'black hole' surveillance alerts

Home trading triggers bank 'black hole' surveillance alerts

Potential breaches of market rules have spiked since traders began working from home in March, drawing scrutiny from regulators and piling pressure on banks to plug "black holes" in surveillance systems, industry officials say.



6 years ago
Here's how unpaid debts are handled when a person passes away

Here's how unpaid debts are handled when a person passes away

Several factors determine how unpaid obligations are treated at death, including the type of debt and whose name is on it, as well as applicable state laws.

6 years ago
Renault to take 3.6 billion euro hit from Nissan losses

Renault to take 3.6 billion euro hit from Nissan losses

French carmaker Renault said on Thursday that losses at its Japanese partner Nissan , in which it has a 43% stake, would drag on its on net earnings by 3.6 billion euro ($3.96 billion) in the first quarter.



6 years ago
GM, Ford turn to fast-payment programs to aid suppliers hit by shutdowns

GM, Ford turn to fast-payment programs to aid suppliers hit by shutdowns

General Motors Co and Ford Motor Co are using fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by the coronavirus pandemic.



6 years ago
Amazon to offer permanent roles to 70% of 175,000 new U.S. hires

Amazon to offer permanent roles to 70% of 175,000 new U.S. hires

Amazon.com Inc plans to offer permanent jobs to about 70% of the U.S. workforce it has hired temporarily to meet consumer demand during the coronavirus pandemic, the company told Reuters on Thursday.



6 years ago
Trump leapfrogs back ahead of Obama in stock market gains

Trump leapfrogs back ahead of Obama in stock market gains

U.S. President Donald Trump is once again beating predecessor Barack Obama in stock market performance following a stunning recovery on Wall Street.



6 years ago