Business

Will the US government nationalize Boeing?

About 12 years after the US government bailed out General Motors and Chrysler, Washington policymakers are debating how to throw Boeing a lifeline as it reels from dual crises over the coronavirus and 737 MAX.

Business

German car sales slashed in half in May: official data

German new car registrations plummeted by almost 50 percent year-on-year in May, official data showed Thursday, with virus lockdowns hitting the vital industry hard ahead of a massive new economic stimulus package.