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Updated: 4 years 29 weeks ago
Finnish government pushes Fortum to strive for carbon neutrality
Finland's center-left government on Monday gave its blessing to majority state-owned Fortum's strategy to cut emissions, but promised to push the company further towards carbon neutrality, the minister in charge wrote.
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UBS defies Swiss dividend freeze call with $2.6 billion payout plan
UBS plans to pay a 2019 dividend that is more than half its annual profit, defying calls by the Swiss government and financial markets supervisor for lenders to limit payouts during the coronavirus crisis.
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J&J, U.S. government plan one billion doses of coronavirus vaccine
Johnson & Johnson said on Monday it made a $1 billion deal with the U.S. government to create enough manufacturing capacity for more than 1 billion doses of a vaccine it is testing to fight the new coronavirus that has killed more than 34,000 people around the world.
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New Orleans doctors scramble as coronavirus deaths, cases soar
Emergency room doctor Thomas Krajewski stopped at the hospital room door at 2 a.m. to glance at the chart. He knew instantly the long odds faced by the patient inside: A man in his 70s, with a fever, short of breath.
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France's Renault puts Paris white collar staff on partial unemployment
French carmaker Renault put most of its white collar staff in the Ile-de-France region around Paris on partial unemployment on Monday as the lockdown imposed due to the coronavirus outbreak lowered activity.
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Wall St. gains as investors weigh stimulus against shutdown
Wall Street rose on Monday as President Donald Trump followed last week's massive fiscal stimulus package by extending his stay-at-home guidelines, leaving investors hopeful that the economic impact of the coronavirus could still be contained.
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World equity markets edge higher despite oil plunge to 2002 lows
Global equity benchmarks rose slightly on Monday despite a drop in oil prices to their lowest levels since 2002, as central banks and the United States tried to contain damage from the rapidly spreading coronavirus that has upended the global economy.
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Swiss bank UBS sticks to 2019 dividend amid global calls for payout freezes
UBS Group intends to pay its 2019 dividend, the Swiss bank said on Monday, despite guidance from markets supervisor FINMA, the Swiss government and international banking groups to limit payouts as the coronavirus outbreak hits the global economy.
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IMF says ECB, ESM support key to strong EU coronavirus response
The International Monetary Fund said on Monday the relaxation of the euro zone's fiscal rules and support from the European Central Bank and the European Stability Mechanism is critical to a strong regional response to the coronavirus pandemic.
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Harley-Davidson says investor Impala drops plans for board nominations
Harley-Davidson Inc said on Monday that investor Impala Asset Management no longer planned to nominate two candidates to its board.
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Johnson & Johnson, U.S. government plan one billion doses of coronavirus vaccine
Johnson & Johnson said on Monday it made a $1 billion deal with the U.S. government to create enough manufacturing capacity for more than 1 billion doses of a vaccine it is testing to fight the new coronavirus that has killed more than 34,000 people around the world.
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Wall St. rises at open as investors weigh stimulus against shutdown
U.S. stocks opened higher on Monday as President Donald Trump followed last week's massive fiscal stimulus by extending his stay-at-home guidelines, leaving investors guessing at their economic impact.
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UAE's flydubai to cut salaries for three months due to coronavirus
United Arab Emirates' airline flydubai will cut salaries for three months from April due to the impact of the global coronavirus pandemic on its business, a spokeswoman said on Monday.
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Wall Street set to open higher as investors weigh stimulus against shutdown
Wall Street was set to open slightly higher on Monday as President Donald Trump followed last week's massive fiscal stimulus by extending his stay-at-home guidelines, leaving investors guessing at their economic impact.
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Facebook commits $100 million to support news media hurt by virus crisis
Facebook Inc on Monday pledged $100 million in financing and advertising spending to support news organizations, including local publishers in the United States, reeling from pressure due to the coronavirus pandemic.
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J&J to start human testing of coronavirus vaccine by September
Johnson & Johnson plans to start human testing of its experimental coronavirus vaccine by September and make it ready for emergency use in early 2021, the drugmaker said on Monday.
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Mylan offers concessions to address EU concerns about Pfizer deal
Generic drugmaker Mylan NV has offered concessions to address European Union antitrust concerns about its bid for Pfizer's off-patent branded drugs business Upjohn, a filing on the European Commission site showed on Monday.
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Fiat Chrysler looks to resume some Italian production next week: union
Fiat Chrysler (FCA) is looking to resume some vehicle production from next week at three plants in Italy if it gets the green light from the government, a union representative said on Monday.
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Fiat Chrysler looks to resume some Italian production next week: union
Fiat Chrysler (FCA) is looking to resume some vehicle production from next week at three plants in Italy if it gets the green light from the government, a union representative said on Monday.
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