Norway's sovereign wealth fund will vote in favour of a resolution committing Barclays to tackling climate change at the bank's annual general meeting on May 7, the fund said on Friday.
The fate of Norwegain Air was in the balance on Friday after a deadline passed overnight for bondholders to vote on a rescue package for the transatlantic budget airline.
The largest U.S. airlines are moving rapidly to mandate facial coverings for all passengers, with Southwest Airlines Co and Alaska Airlines on Friday joining other major airlines in imposing the measure to address the spread of the coronavirus and convince reluctant passengers to resume flying.
The U.S. House of Representatives Judiciary Committee on Friday called on Amazon.com < AMZN.O> founder Jeff Bezos to testify to the panel about allegations that the online retailer uses data from its own third-party sellers to create competing products.
U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs on Beijing, as his administration crafted retaliatory measures over the outbreak.
Wall Street's main indexes fell on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while a profit warning from Amazon added to the gloom.
Options investors are preparing for more volatility ahead despite last month's sharp rebound in U.S. stocks, reflecting doubts that markets will be quick to return to their former highs in the middle of the coronavirus pandemic.
Spain's Telefonica SA and billionaire John Malone's Liberty Global Plc are exploring a combination of their UK operations, Bloomberg News reported on Friday.
Norwegian Air's bondholders have turned down a proposed debt-to-equity swap, casting doubt on a plan that is vital to help the indebted airline survive the COVID-19 pandemic, although talks will still continue.
Comcast Corp owned NBCUniversal is evaluating a significant reduction of staff across its portfolio of media and entertainment properties as part of a cost-cutting effort, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Eager to bolster the healthcare system during the coronavirus pandemic, the U.S. government last month sped $30 billion in stimulus payments to most healthcare providers that billed Medicare last year.
In just six weeks, Boeing Co went from seeking government aid to announcing it no longer needed it.
British aero-engine maker Rolls-Royce Holdings Plc is considering cutting up to 15% of its workforce, a source close to the company told Reuters, with its customers cutting production and airlines parking planes due to the coronavirus pandemic.
British aero-engine maker Rolls-Royce Holdings Plc is planning to slash up to 8,000 jobs, the Financial Times reported https://www.ft.com/content/027ce53d-8770-48a6-ba7b-000d979033b0 on Friday.
Wall Street took a nosedive on Friday on fears that the world's two largest economies could resume a trade war, dragging down a global stocks index on a day that many financial markets were closed for a holiday.