The German government should support Lufthansa as it tackles the coronavirus crisis but the flagship carrier should not be nationalised, Bavarian State Premier Markus Soeder said on Monday.
The German government should support Lufthansa as it tackles the coronavirus crisis but the flagship carrier should not be nationalised, Bavarian State Premier Markus Soeder said on Monday. “Lufthansa should not be nationalised,” said Soeder – head of the Christian Social Union (CSU), sister party to Chancellor Angela Merkel’s Christian Democrats (CDU). …read more […]
Apple is forging ahead with plans to release four new iPhone models later this year, the report added citing sources. The Nikkei had reported https://asia.nikkei.com/Spotlight/Coronavirus/Apple-weighs-delaying-5G-iPhone-launch-by-months-sources-say in late March that Apple was preparing to possibly delay the launch of its first 5G iPhones. The WSJ report on Monday added that Apple was slashing the number of handsets that it plans to make in the second half of this year by as much as 20%. …read more […]
U.S. stock index futures rose on Monday as more states looked set to lift coronavirus-induced curbs, with investors also turning to quarterly earnings reports from marquee companies including Apple and Microsoft later this week.
Adidas warned of an even deeper hit to second-quarter sales and profits from coronavirus lockdowns after the German sportswear firm reported worse-than-expected first-quarter results and said it had not yet seen a full rebound in China.
The U.S. and other countries start easing lockdown restrictions amid fears of new infections, supply chain disruptions force farmers to destroy their crops, and Boris Johnson returns to work. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Bryan Terry/AP …read more […]
What in the world are investors thinking right now? The coronavirus is crippling the global economy. And you can’t stay healthy by simply betting on five big-cap tech stocks. …read more […]
U.S. chipmaker Broadcom has offered to settle an EU antitrust investigation into its exclusivity deals with TV and modem makers, EU antitrust regulators said on Monday, a move that would stave off a possible hefty fine.
China’s top market regulator has launched an inspection into Luckin Coffee , joining the country’s securities watchdog in doing so as the coffee chain comes under scrutiny for fabricating millions of dollars worth of sales deals.
U.S. chipmaker Broadcom has offered to settle an EU antitrust investigation into its exclusivity deals with TV and modem makers, EU antitrust regulators said on Monday.
Japan’s Nissan Motor Co Ltd will slash its domestic auto production plans by 70% in May and 43% in June, documents seen by Reuters show, as the impact of the coronavirus shakes the troubled automaker.
Top news and what to watch in the markets on Monday, April 27, 2020. …read more […]
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