Volkswagen the world's largest carmaker by sales, on Monday said it had resumed work at its biggest factory in Wolfsburg, Germany, to give its workers time to adapt to new hygiene measures to combat the coronavirus.
Holiday Inn-owner InterContinental Hotels said on Monday it had agreed changes to the terms of its borrowing with creditors and made use of UK government supported loans as it predicted a 25% plunge in global revenue per available room in the first quarter.
German drugs and pesticides company Bayer said the economic downturn has prompted it to take a tougher stance in talks to settle claims its glyphosate-based weedkillers cause cancer, even as its earnings rose.
Norwegian Air's proposed financial rescue plan could leave current shareholders with a combined ownership stake of just 5.2%, details of its proposed debt-to-equity swap showed on Monday.
German companies including ThyssenKrupp, Salzgitter, Bayer, Covestro, E.ON, HeidelbergCement, Puma, Allianz and Deutsche Telekom have called for coronavirus-related state aid to be tied to climate action, daily Handelsblatt reported.
Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not come fast enough to fully offset the collapse in demand from the coronavirus pandemic.
A little-known U.S.-based engineering and design firm said it plans to invest 10 billion yuan ($1.41 billion) to make sports cars with China's FAW Group under the brand of choice of late revolutionary leader Chairman Mao Zedong, Hongqi.
The Federal Reserve's gradual withdrawal from the U.S. Treasury market as the coronavirus pandemic eases and liquidity improves could dry up appetite for longer-dated government debt and push up long-term interest rates months from now.
Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not be fast enough to fully offset the collapse in demand from the coronavirus pandemic.
A majority of U.S. companies expect to stay afloat for more than six months without government assistance, according to a survey on Monday, even though the novel coronavirus outbreak has severely disrupted economic activity and hit cash flow.
"You want to remember this list the next time the market rolls over," the "Mad Money" host said.
National Australia Bank Ltd , the country's No.3 lender, asked investors for A$3.5 billion ($2.2 billion) and slashed its dividend on Monday as its first-half profit tumbled in part due to charges associated with the coronavirus pandemic.
Colleges at risk of losing tuition dollars must embrace cost-cutting measures like furloughing staff, slashing financial aid budgets or face going out of business entirely.
The letter comes on the day the Trump administration will start accepting applications for small business loans after a pause.
Not just an Oprah thing, envisioning your goals has scientific backing. Research finds that when people connect emotionally to a financial goal it boosts their ability to save.