Exclusive: Exxon set to revive North Sea sale after months of delays – sources
Exxon Mobil is preparing to restart the sale of its British North Sea assets after weaker oil prices and the coronavirus outbreak led to months of delay, industry and banking sources said.
Ryanair rejects new UK guidance for passengers to check in all luggage
Ryanair rejected new British government guidance for passengers to check in all luggage including hand bags, saying on Thursday it would instead recommend that passengers minimise checked-in luggage.
Ryanair rejects UK guidance for passengers to check in all luggage
Ryanair on Thursday rejected new British government guidance for passengers to check in all luggage including hand bags, saying it would instead recommend that passengers minimise checked-in luggage.
U.S. EPA orders Amazon, Ebay to remove unsafe products that cash in on pandemic fears
The U.S. Environmental Protection Agency (EPA) said on Thursday that it ordered Amazon.com Inc and eBay Inc to stop selling a wide range of pesticide products on their platforms, including those that are falsely marketed as being effective against the …
U.S. auto suppliers cheer as carmakers relaunch, but long-term worries remain
Auto parts suppliers across North America said they are encouraged as major automakers accelerate production after coronavirus pandemic shutdowns, but are holding back on hiring and investment because of longer-term uncertainty.
U.S. layoffs abating, labor market distress persists
The number of Americans seeking jobless benefits fell last week, but millions laid off because of COVID-19 continue to receive unemployment checks, suggesting the labor market could take years to heal from the pandemic even as hiring resumes.
Just Eat Takeaway’s $6 billion Grubhub grab tests growth limits
Just Eat Takeaway said on Thursday its proposed $6 billion takeover of Grubhub to create a trans-Atlantic giant would give it the upper hand in the online food delivery market, where competitors are scrambling for share.
S&P 500 falls 3% on new virus wave fears, Fed’s cautious outlook
U.S. stocks extended losses on Thursday, with the S&P 500 on track for its sharpest percentage decline since April 1, as investors worried about a second wave of coronavirus infections and a grim economic forecast from the Federal Reserve.
Volkswagen blames cultural insensitivity for ad criticised as racist
Volkswagen on Thursday apologised for posting on its Instagram page last month an advert widely criticised as racist, and said it was published because of a lack of cultural sensitivity.
U.S. cannot shut down economy again, Treasury’s Mnuchin says
The United States cannot let the coronavirus shut down its economy again, U.S. Treasury Secretary Steven Mnuchin said on Thursday, adding that more than $1 trillion in rescue funds will flow into the economy over the next month.
