Business News

Ford Motor's China ventures have reported year-on-year sales growth for May in a sign of how the world's biggest auto market is continuing its recovery from coronavirus-induced lows.

Carnival Corp's Princess Cruises on Thursday extended the suspension of some of its voyages in Australia, Canada and Taiwan as ports around the world remain shut due to the coronavirus crisis.

Britain does not have a proper plan for its 14-day international quarantine and the introduction of such a "useless and ineffective" scheme will do untold damage to the country's tourism industry, the head of Ryanair said on Thursday.

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

German agrochemicals group Bayer AG has been blocked from selling its dicamba herbicide in the United States after an appeals court rejected a federal regulator's permit for the product.

The board of French telecoms giant Orange could discuss a possible counterbid for Spanish rival MasMovil this week, El Economista newspaper reported on Thursday, citing unidentified industry sources.

Police and firefighters entered Hong Kong's legislature on Thursday after two pro-democracy lawmakers threw foul-smelling liquid to protest against China's "murderous" crackdown by Chinese troops in and around Tiananmen Square 31 years ago.

Germany and three other European Union states are forging a new alliance aimed at securing access to coronavirus vaccines, once developed, and making sure they are distributed fairly around the world, business daily Handelsblatt reported.

LVMH is not considering buying shares in Tiffany on the market, the French luxury goods group said on Thursday.

Carnival Corp's Princess Cruises on Thursday extended the suspension of some of its voyages in Australia, Canada and Taiwan as cruise ports around the world remain shut due to the coronavirus crisis.

Yields on Japanese government bonds gained in line with U.S. Treasuries on Thursday, with the benchmark futures dropping to its lowest since late March.

Mozambique's National Petroleum Institute expects Exxon Mobil's final investment decision on a $30 billion gas project in the north of the country in 2021, it said on Wednesday, though the U.S. company dismissed this as speculation.

The number of Americans filing for unemployment benefits likely dropped below 2 million last week for the first time since mid-March, but remains astonishingly high as companies adjust to an environment that has been significantly changed by COVID-19.

A massive Pennsylvania plastics project that President Donald Trump touted during a visit last year faces risks of oversupply and a low price outlook for the materials, a report by an institute that examines energy issues said on Thursday.

From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy made more urgent by the coronavirus pandemic.

South Korean prosecutors have requested an arrest warrant against Samsung Group heir Jay Y. Lee and two former company executives, they said on Thursday, in an investigation of a controversial 2015 merger and alleged accounting fraud.

The U.S. Transportation Department said late Wednesday it granted final approval to 15 airlines to temporarily halt service to 75 U.S. airports because of a lack of demand stemming from the coronavirus pandemic.

The U.S. Transportation Department said late Wednesday it granted final approval to 15 airlines to temporarily halt service to 75 U.S. airports because of a lack of demand stemming from the coronavirus pandemic.

South Korean prosecutors said on Thursday they had requested an arrest warrant against Samsung Group heir Jay Y. Lee and two former company executives as part of an investigation into a controversial 2015 merger and alleged accounting fraud.

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