Delivery business DHL is struggling to cope with a flood of parcels from online purchases due to the coronavirus crisis, forcing it to cut back extra collections from retailers in Germany, parent company Deutsche Post said on Thursday.
Peugeot-owner PSA and Renault are planning new safety measures in a push by France's major industrial groups for a breakthrough with workers to reopen some factories before the government lifts its lockdown from mid-May, unions said.
Millions of Americans may have had their coronavirus stimulus payments held up by glitches if they were customers of tax preparation services, according to one new report. Here's why those payments could have been delayed, and what one major tax preparation service is saying about the issue.
Across the country, parents are adjusting to a new normal in the pandemic. Here's how they cope when home is also a workplace, a school and a daycare center.
Europe led world stock markets back to higher ground on Thursday as tentative moves to reopen parts of the some of its larger coronavirus-hit economies and a bounce in oil offset some truly dismal global economic data.
Morgan Stanley posted a 32% fall in quarterly profit on Thursday as the coronavirus pandemic stalled dealmaking and warned that the crisis would continue to weigh on its operations in the coming months.
Germany's Volkswagen Group withdrew its outlook for 2020 on Thursday due to uncertainty related to the new coronavirus outbreak which caused operating profit to drop 81% in the first quarter.
The United States opposes creation of liquidity through issuance of the International Monetary Fund's Special Drawing Rights (SDRs) as part of the response to the coronavirus pandemic, U.S. Treasury Secretary Steven Mnuchin said on Thursday.
Facebook Inc said on Thursday it would start notifying users who had engaged with false posts about COVID-19 which could cause physical harm, such as drinking bleach to cure the virus, and connect them to accurate information.
Activist shareholders are likely to scale back campaigns in coming weeks as target companies brace for a deep recession and their favorite calls for change - ranging from mergers to returning cash - are ignored during the coronavirus outbreak.
A record 22 million Americans have sought unemployment benefits over the past month, with millions more filing claims last week, underscoring the deepening economic slump caused by the novel coronavirus outbreak.
BlackRock Inc's assets under management dipped sharply in the first quarter amid turmoil in global markets caused by concerns about the economic fallout of the coronavirus outbreak.
U.S. banks have a huge opportunity to emerge from the coronavirus as "heroes" and "good guys," a fund manager told CNBC on Wednesday.
Luxury carmaker Ferrari is producing specialist valves at its Maranello factory to convert snorkel masks into respirators used to treat coronavirus patients, Chairman John Elkann said on Thursday.
The coronavirus pandemic is hitting the markets and the economy, as well as disrupting your daily life. Here are steps you can take to ensure the resulting emotions don't lead you into making a big mistake with your investments.