S&P warns 1 in 10 US firms may default on debt
A wave of company defaults is likely to sweep the United States and Europe as measures to contain the coronavirus spark a recession, S&P Global Ratings said Friday.
Mar 20, 2020
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A wave of company defaults is likely to sweep the United States and Europe as measures to contain the coronavirus spark a recession, S&P Global Ratings said Friday.
Mar 20, 2020
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12
Business
Deutsche Bank said Tuesday it is planning a partnership with Google where the US technology giant will provide cloud computing capabilities to Germany's largest lender, a market in which Europe is struggling to establish ...
Jul 7, 2020
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Energy & Green Tech
Investment in solar power is expected to overtake oil for the first time this year as clean energy spending outpaces that for fossil fuels, the IEA said in a report Thursday.
May 25, 2023
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Business
A General Electric-Safran aviation joint-venture plans to manufacture more engines for Airbus planes amid the travails of the Boeing 737 MAX, The Wall Street Journal reported Friday.
Dec 20, 2019
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Business
A new study has found that artificial intelligence (AI) apps helped protect small and medium-sized businesses against many of the risks that emerged during the COVID-19 pandemic—yet only a quarter of small firms currently ...
Mar 4, 2022
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Automotive
China's auto sales rose 1.8% in June over a year earlier but fell by double digits for the first half of 2020 after the country shut down to fight the coronavirus, an industry group reported Friday.
Jul 10, 2020
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Business
An American aviation firm said on Friday it had taken over Iceland's bankrupt airline WOW Air together with local investors and said flights would resume in October.
Sep 6, 2019
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Automotive
Daimler has approved settlements worth $2.2 billion over emissions cheating software in its diesel vehicles in the US, the German carmaker said Thursday.
Aug 13, 2020
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Automotive
Electric truck maker Rivian soared in its Wall Street debut on Wednesday, making the company worth more than traditional automakers Ford and General Motors.
Nov 10, 2021
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Automotive
China's auto sales rose 27% in the first half of 2021 from a year earlier but still were below pre-pandemic levels, and production and sales fell in June due to global shortages of processor chips, an industry group reported ...
Jul 9, 2021
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