Air France Estimates its Coronavirus Loss Will Take ‘Several Years’ to Recover  

Air France-KLM SA or Air France, a Franco-Dutch airline holding company, declared on Thursday, May 7, 2020, that the airline has suffered an 815 million-euro ($880 million) first-quarter (Q1) operating … Read More

Telefonica Brasil and TIM Brasil Expedite a Joint Venture to Bid for Rival Oi’s Mobile Unit

Executives of the two Brazilian telecoms firms, Telefonica Brasil SA (Telefonica Brasil) and TIM Participacoes SA (TIM Brasil), declared on Wednesday, May 6, 2020, that they have set off a … Read More

BorgWarner Investors’ Inquiry on Delphi Acquisition Deal and Tornado Damage of a Plant

Investors of BorgWarner Inc. or BorgWarner, American automotive components and parts supplier, are looking for information regarding the present status of the acquisition deal of Delphi Technologies Plc or Delphi … Read More

US FDA Imposed New Market Rules for Antibody Tests to Curb Fraudulent Products

The United States Food and Drug Administration (FDA) announced on Monday, May 4, 2020, that it has reversed the earlier policy for antibody tests in an attempt to curb fraudulent … Read More

US Government Agreed Companies’ Request to Rent 23 Million Barrels for Oil Reserve

The Trump administration has agreed to a proposal made by nine American companies to rent space for storing 23 million barrels of crude in the US emergency oil reserve after … Read More

Arm Holdings Offers Technology for Free to Startups and Starts in-partner with Silicon Catalyst

Arm Holdings (Arm), a Britain-based semiconductor and software design company, declared on Wednesday, April 29, 2020, that it would lend its chip technologies, which is widely used by smartphone and … Read More

Britain’s BP Re-examined $5.6 Billion Sales Deal Due to Global Oil Price Crash

A British oil company, BP Plc (BP) announced on Monday, April 27, 2020, that it had reconsidered the financial terms of the $5.6 billion sale of its Alaska business to … Read More

UK’s PM Johnson Will Resume His Office amid Mounting Pressure for Lockdown Exit

Prime Minister (PM) of the United Kingdom (UK), Boris Johnson would resume his duty, after staying nearly two weeks in hospital due to contraction of COVID-19, amid the rising pressure … Read More