Warehouse workers risk COVID-19 to ship Gucci shades, face cream, sofas
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 its top priority.
Air France in talks with French govt over emergency funding: Les Echos
Air France KLM has requested several billion euros of emergency funds from the French state while it negotiates a loan package from banks, which would be guaranteed by France and the Netherlands, French business daily Les Echos reported.
Staff mailboxes at Italy’s Monte dei Paschi suffer hacker attack: document
Hackers have accessed the mailboxes of some employees at Italian state-owned bank Monte dei Paschi ‹BMPS.MI› and sent emails to clients, according to a notice to customers seen by Reuters.
EU puts anti-dumping duties on stainless steel from China, Indonesia and Taiwan
The European Commission has imposed provisional anti-dumping duties on some stainless steel products from China, Indonesia and Taiwan, according to the official EU journal, nearly eight months after launching a probe into low-price imports.
Siemens CEO rules out job cuts from coronavirus impact
Siemens will not cut its workforce because of the economic downturn triggered by the new coronavirus, Chief Executive Joe Kaeser said, although short-time working measures could be extended in Germany.
Apple, Google plan software to slow virus, joining global debate on tracking
Apple Inc and Alphabet Inc’s Google said on Friday that they will work together to create contact tracing technology that aims to slow the spread of the coronavirus by allowing users to opt into logging other phones they have been near.
Honeywell renews $1.5 billion revolving credit agreement
Honeywell International Inc said on Friday it had renewed a revolving credit agreement for $1.5 billion, to be used for general corporate purposes when needed.
Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19
U.S. aero parts maker Triumph Group Inc said it was furloughing about 2,300 employees across its U.S. and European plants for two to four weeks to cut capacity linked to Boeing commercial aircraft programs amid the coronavirus outbreak.
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.)
Treasury wants warrants, repayment from major U.S. airlines on 30% of grant money -sources
U.S. Treasury Secretary Steven Mnuchin told major airlines on Friday he wants them to repay some of the $25 billion in cash grants the U.S. Congress approved last month to cover payroll costs as airlines weather an unprecedented crisis due to the coron…
