Japanese automaker Mazda Motor is negotiating with a group of banks, in particular, MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank, to raise a credit line worth 300 billion yen…

Colombia's largest airline and Latin America's second largest airline, Avianca Holdings, filed for bankruptcy to begin the reorganization process in connection with the crisis caused by the novel coronavirus pandemic,…

American Intel Corp., one of the world's leading manufacturers of computer components, announced the acquisition of Moovit Inc., an Israeli mobility technology company, for $ 900 million.

The European Commission approved France's government support for Air France in the amount of €7 billion in connection with the COVID-19 epidemic.

In the first quarter of 2020, the net profit of the world's largest social network Facebook almost doubled in annual terms and amounted to $ 4.902 billion, the company said…

US PepsiCo Inc., one of the world's largest soft drink manufacturers, cut its net profit in the first fiscal quarter of this year and revoked its annual forecast due to…

Head of the European aerospace concern Airbus SE, Guillaume Faury, warned of a threat to the company's survival in the context of the coronavirus pandemic, writes the Financial Times, citing…

According to the Wall Street Journal, which analyzed the data of the Federal Deposit Insurance Corporation (FDIC), deposits in US banks for the first quarter grew by $ 1 trillion…

Offshore oil companies have begun shutting down wells in the U.S. Gulf of Mexico following a collapse in oil prices, and some top executives in the sector fear that a…

In February, Sycamore Partners agreed to buy a controlling stake in Victoria’s Secret for $ 525 million. However, now the fashion brand closed all American stores because of the coronavirus,…

US clothing retailers are trying to get rid of unsold goods, including spring collections, for tens of billions of dollars, writes The Wall Street Journal.

Billionaire Richard Branson ($ 4.4 billion of wealth according to Forbes Real-Time) said his personal funds and Virgin Group's funds would not be enough to save Virgin Airlines in the…

Binance cryptocurrency exchange reported a record quarterly burning of BNB tokens.

Chevron’s subsidiaries sold their shares in oil assets in Azerbaijan for $ 1.57 billion to the Hungarian MOL, the American oil company said.

The first quarterly reports of US banks showed that the coronavirus pandemic, quarantine measures and the closure of enterprises significantly affected performance of financial companies. Bank profits fell sharply due…

The German Adidas AG, one of the world's largest manufacturers of sportswear and accessories, received approval for a loan of €3 billion to support the business amid the coronavirus pandemic,…

Warren Buffett’s investment firm, Berkshire Hathaway, sold a $ 30.9 million stake in Bank of New York Mellon (BNY Mellon) to the U.S. Securities and Exchange Commission (SEC).

American McDonald's Corp., the world's largest chain of fast-food restaurants, reported a drop in comparable global sales in March by almost a quarter amid an outbreak of the coronavirus.

Fitch Ratings downgraded the credit rating of Pemex, a Mexican oil corporation, from BB + to BB, explaining this by a deterioration in its credit profile amid a recession in…

Emirates Airlines received a personal permission from the UAE authorities to resume flights from next week. This was announced by the chairman of the company, Sheikh Ahmed bin Saeed Al…

The lost revenue of the company of the President of the United States Trump Organization due to the coronavirus pandemic exceeds $ 1 million per day, writes The Wall Street…