Saudi, others resist Mexican plan to make small oil output cuts – sources
DUBAI (Reuters) – Saudi Arabia and other oil producers in the OPEC+ group pushed back on Friday on a Mexican plan to cut less than requested under plans for global…
U.S. approves $168 billion of small business loans under coronavirus plan: Kudlow
FILE PHOTO: White House National Economic Council Director Larry Kudlow speaks during a “small business relief update” video conference call event with banking executives to discuss the U.S. government’s rescue…
Honeywell renews $1.5 billion revolving credit agreement
FILE PHOTO – A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse (Reuters)…
Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19
(Reuters) – U.S. aero parts maker Triumph Group Inc (TGI.N) said it was furloughing about 2,300 employees across its U.S. and European plants for two to four weeks to cut…
Apple, Google plan software to slow virus, joining global debate on tracking
(Reuters) – Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google said on Friday that they will work together to create contact tracing technology that aims to slow the spread of…
Siemens CEO rules out job cuts from coronavirus impact
FILE PHOTO: German engineering group Siemens CEO Joe Kaeser attends a news conference prior to the annual general meeting in Munich, Germany February 5, 2020. REUTERS/Andreas Gebert ZURICH (Reuters) –…
Exclusive: Treasury wants warrants, repayment from major U.S. airlines on 30% of grant money – sources
(This April 10 story has been refiled to fix typo in ‘aid’ in paragraph nineteen.) FILE PHOTO: A flight attendant waits for the departure of a one-passenger flight between Washington…
Air France in talks with French govt over emergency funding: Les Echos
FILE PHOTO: Air France planes seen on the tarmac at Paris Charles de Gaulle airport, March 24, 2020. REUTERS/Charles Platiau/File Photo PARIS (Reuters) – Air France KLM (AIRF.PA) has requested…
Warehouse workers risk COVID-19 to ship Gucci shades, face cream, sofas
(Reuters) – As U.S. authorities ordered shutdowns of non-essential businesses to fight coronavirus, retailer Nordstrom Inc closed hundreds of stores and gave in-store workers three weeks’ pay, calling their safety…
3M to boost U.S. production of respirator masks to 50 million as demand soars
(Reuters) – 3M Co expects to ramp up U.S. monthly production of N95 respirator masks to 50 million in June, the industrial giant said on Tuesday, as demand surges from…