India Again Allows Export of Antimalarial Drug Touted for Coronavirus

India is ending a ban on the export of hydroxychloroquine, an antimalarial drug that may help treat victims of the… Read More »
Mitsubishi Motors Starts to Put 6,500 Workers on Leave, Nikkei Reports

–Mitsubishi Motors Corp. has started putting up to 6,500 full-time and temporary workers at three domestic factories on leave as… Read More »
Russia’s Putin Urges Oil Producers to Cooperate to Curtail Falling Prices

Russian President Vladimir Putin said Wednesday that oil producers should work together to mitigate the market downturn as crude prices… Read More »
Michelin Cuts Proposed Dividend, Schedules Online Annual Shareholder Meeting

Michelin SA said Wednesday that it will reduce its proposed dividend and hold its annual shareholders meeting behind closed doors… Read More »
Pier 1 Imports Cancels Bankruptcy Auction as Coronavirus Chills Potential Bids

Pier 1 Imports Inc. has canceled an auction to sell itself out of chapter 11 as senior lenders opted to… Read More »
Macy’s to Furlough Most Workers as Stores Stay Shut

Macy’s Inc. will furlough the majority of its employees beginning this week as sales have evaporated while its stores remain… Read More »
Dow Inc. to Produce Hand Sanitizer at Five Plants

Dow Inc. on Monday said four more of its plants around the world will begin producing hand sanitizer to help… Read More »
UK Govt. Senior Adviser Dominic Cummings Self Isolating After Showing Coronavirus Sympt

British Prime Minister Boris Johnson’s most-senior adviser Dominic Cummings has self-isolated at home after showing signs of the coronavirus, making… Read More »
Microsoft Buying Cloud Platform 5G Provider Affirmed Networks

Microsoft Corp. is buying Affirmed Networks, a cloud platform provider for 5G, for an undisclosed amount. Microsoft announced the deal… Read More »
Refiners in Europe, US Refuse Extra Saudi Oil Despite Discount

Many refiners in Europe(Nyheter)(Nyheter) and the U.S. are refusing to take more Saudi crude being offered at cut-rate prices, according… Read More »