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Nissan Motor Co said on Thursday it would slash its production capacity by a fifth to help reduce its fixed costs by 300 billion yen ($2.8 billion) as it looks to become a smaller, more cost-efficient automaker following a slide in sales.

U.S. President Donald Trump will sign an executive order on social media companies on Thursday, White House officials said after Trump threatened to shut down websites he accused of stifling conservative voices.

U.S. President Donald Trump is expected to order a review of a law that has long protected Twitter, Facebook and Alphabet's Google from being responsible for the material posted by their users, according to a draft executive order and a source familiar with the situation.

A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Co Ltd's Chief Financial Officer Meng Wanzhou's extradition to the United States. The judge will rule on double criminality, meaning whether the charges against Meng were illegal in both Canada and the United States at the time of her December 2018 arrest.

A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Co Ltd's Chief Financial Officer Meng Wanzhou's extradition to the United States. The judge will rule on double criminality, meaning whether the charges against Meng were illegal in both Canada and the United States at the time of her December 2018 arrest.

Safran shares rose on Thursday after Boeing said it would restart production of its 737 MAX jet and announced further cost-cutting measures.

British low cost airline easyJet said it planned to cut up to 30% of its staff, or 4,500 jobs, and shrink its fleet, to fit the smaller market that will emerge from the coronavirus pandemic.

Britain's easyJet is not planning on raising new equity currently but its chief executive did not rule it out in future as the low-cost airline seeks to survive the coronavirus pandemic which has wiped out air travel.

Asian shares erased gains and the yuan languished on Thursday on growing worries China's planned security law for Hong Kong would spark a broader diplomatic confrontation with the United States.

EasyJet will not fly to Italy if Rome prolongs social distancing rules on planes beyond June 15, the budget airline's chief executive said in a newspaper interview.

Greensill Capital said it has dropped a libel suit against Reuters over a story which said that the financing group had provided a false statement to market participants in 2018.

British low cost airline easyJet said it planned to cut up to 30% of its staff, or 4,500 jobs, and shrink its fleet, to fit the smaller market it expects to emerge from the collapse in air travel due to COVID-19.

French Finance Minister Bruno Le Maire on Thursday said that the government had yet to sign off on a planned 5 billion euro ($5.5 billion) loan for Renault , and that the carmaker's site closures and job cuts could only ever be a last resort.

Chinese social media and gaming giant Tencent Holdings Ltd said on Thursday it raised $6 billion in a U.S. dollar bond sale - the largest debt deal by an Asian corporate in 2020.

Business groups are urging U.S. President Donald Trump to go slowly in responding to Beijing's planned imposition of new national security laws on Hong Kong, warning revoking the city's special U.S. privileges will hurt the territory and its people.

Boeing Co said on Wednesday it was eliminating more than 12,000 U.S. jobs, including 6,770 involuntary layoffs, as the largest American planemaker restructures in the face of the coronavirus pandemic.

Oil prices slid for a second consecutive session on Thursday as U.S. industry data showed a steep and surprising build-up in crude stockpiles, dampening hopes of a smooth demand recovery as the world begins to ease its way out of coronavirus lockdowns.

U.S. stocks will end this year around current levels as the coronavirus pandemic cripples the economy and eats into earnings, according to strategists polled by Reuters.

Job cuts by U.S. state and local governments whose budgets have been crushed fighting the COVID-19 pandemic and more second-wave layoffs in the private sector likely contributed last week to a 10th straight week of more than 2 million Americans seeking unemployment benefits.

Asian shares and U.S. stock futures rose on Thursday as growing optimism about a global economic recovery from the coronavirus pandemic trumped immediate concerns about a standoff between the United States and China over Hong Kong.