Trump approves five-week extension for small business pandemic loan applications
WASHINGTON (Reuters) - U.S. President Donald Trump on Saturday signed into law a deadline extension to August 8 for small businesses to apply for relief loans under a federal aid program to help businesses hurt by the COVID-19 pandemic, the White House said.
UK to double work coaches as lockdown hammers jobs market
LONDON (Reuters) - Britain's government will double the number of its job coaches as part of a plan to tackle a rise in unemployment triggered by the coronavirus lockdown, the finance ministry said on Saturday.
German economy minister sees economic recovery from October
FRANKFURT (Reuters) - Germany's economy may recover from October onwards from the coronavirus pandemic, Economy Minister Peter Altmaier said in a newspaper interview on Sunday.
End of the runway for 747 jumbo as Boeing placed final part orders
SEATTLE (Reuters) - Boeing Co
and suppliers set the final number of parts it would need for the 747 jumbo jet program at least a year ago, signaling the end for a plane that democratized global air travel in the 1970s but fell behind modern twin-engine aircraft, industry sources said on Friday.
Wirecard ex-COO Marsalek's entry into Philippines was faked, minister says
MANILA (Reuters) - Immigration records showing Wirecard's former chief operating officer Jan Marsalek arrived in the Philippines on June 23 and departed for China the next day were falsified, Philippines Justice Secretary Menardo Guevarra said on Saturday.
Exclusive: CIMB alleges 'suspicious' Hontop Energy oil deals with BP - affidavit
SINGAPORE (Reuters) - Singapore's High Court has appointed an independent supervisor to oversee the restructuring of trader Hontop Energy.
Siemens sees up to 20% drop in business in April-June quarter, CFO tells Boersenzeitung
FRANKFURT (Reuters) - German engineering company Siemens
saw the volume of business contract by as much as 20% in the three months to June and activity in 2021 would stay below 2019 levels, the chief financial officer told Boersenzeitung (BoeZ).
Gilead's COVID-19 antiviral remdesivir gets conditional EU clearance
BRUSSELS (Reuters) - The European Commission said on Friday it had given conditional approval for the use of antiviral remdesivir in severe COVID-19 patients following an accelerated review process, making it the region's first authorised therapy to treat the virus.
Aeromexico shares rise for second day despite missed debt payment
MEXICO CITY (Reuters) - Shares in airline Aeromexico closed up 4.48% on Friday, rising for a second straight day even as the company missed a debt payment after filing for bankruptcy protection.
Embraer union seeks planemaker's board ouster after failed Boeing deal
SAO PAULO (Reuters) - A union representing workers at Embraer filed a lawsuit on Friday seeking to dismiss the company's board, after a $4.2 billion deal with Boeing Co
collapsed amid the pandemic, claims the Brazilian planemaker said were an act of "bad faith."