Harley-Davidson Inc is reopening its factories this week at lower production rates and sending dealers a narrower range of motorcycles, the Wall Street Journal reported on Wednesday.
French carmaker Renault will re-open its Normandy-based Sandouville plant in northeastern France on Friday, a trade union source told Reuters on Wednesday.
Target Corp reported a 64per cent plunge in quarterly profit on Wednesday, pummeled by costs to tackle the coronavirus outbreak, even as panic-buying during the crisis lifted the big-box retailer's online and store sales.
The reasons behind the proposed merger of car makers Fiat Chrysler and Peugeot-owner PSA are "stronger than ever" as the COVID-19 pandemic adds to existing challenges facing the industry, the FCA chairman said on Wednesday.
Home improvement retailer Lowe's Cos Inc reported an 11.2per cent rise in quarterly same-store sales on Wednesday, as coronavirus lockdowns led people to spend more on tools and paint for home remodelling and repairs.
Deutsche Bank's CEO said the bank needed to become more profitable before taking a leading role in European banking consolidation and dismissed concerns it would need state aid as it handles the fallout of the coronavirus outbreak.
A 2019 move by the Dutch government to buy a 14per cent stake in Air France-KLM was not in accordance with the country's laws, the Netherlands' Court of Audit ruled on Wednesday.
Budget airline Norwegian Air has secured a long-sought credit guarantee from Norway's government after completing a debt restructuring, it said on Wednesday, allowing it to survive in a slimmed-down version.
This COVID-19 season, many think their money problems are not great enough to justify asking for help, says Claer Barrett.
Alibaba Group Holding Ltd will invest 10 billion yuan (US$1.41 billion) into an AI (artificial intelligence) and IoT (Internet of Things) system centered around its Tmall Genie smart speaker, the company announced on Wednesday.
