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.

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.