Edition:
India

Sanjana Shivdas

GM asks judge to reinstate racketeering case against rival Fiat Chrysler

2:10am IST

General Motors Co on Monday asked a U.S. federal judge to reinstate a racketeering lawsuit against Fiat Chrysler Automobiles NV (FCA), saying it has new information on foreign accounts used in an alleged bribery scheme involving its smaller rival and union leaders.

UPDATE 2-GM asks judge to reinstate racketeering case against rival Fiat Chrysler

2:07am IST

Aug 3 General Motors Co on Monday asked a U.S. federal judge to reinstate a racketeering lawsuit against Fiat Chrysler Automobiles NV (FCA) , saying it has new information on foreign accounts used in an alleged bribery scheme involving its smaller rival and union leaders.

UPS shares hit new high as pandemic drives healthcare, e-commerce shipments

30 Jul 2020

United Parcel Service Inc exceeded analyst estimates for quarterly profit and revenue on Thursday as pandemic-fueled rises in lucrative healthcare and air shipments helped offset a margin squeeze from surging e-commerce home deliveries, sending shares up as much as 17.6%.

UPDATE 5-UPS shares hit new high as pandemic drives healthcare, e-commerce shipments

30 Jul 2020

July 30 United Parcel Service Inc exceeded analyst estimates for quarterly profit and revenue on Thursday as pandemic-fueled rises in lucrative healthcare and air shipments helped offset a margin squeeze from surging e-commerce home deliveries, sending shares up as much as 17.6%.

General Dynamics cuts 2020 profit forecast as pandemic weighs on IT, aerospace

29 Jul 2020

General Dynamics Corp cut its full-year profit outlook on Wednesday as its information technology and aerospace units grappled with coronavirus-led disruptions, although it signaled a gradual pick-up in demand for its Gulfstream jets.

UPDATE 2-General Dynamics cuts 2020 profit forecast as pandemic weighs on IT, aerospace

29 Jul 2020

July 29 General Dynamics Corp cut its full-year profit outlook on Wednesday as its information technology and aerospace units grappled with coronavirus-led disruptions, although it signaled a gradual pick-up in demand for its Gulfstream jets.

American and Southwest rethink summer flight adds as demand stalls

23 Jul 2020

American Airlines and Southwest Airlines are rethinking the number of flights they had planned to add to their schedules for August and September as COVID-19 cases accelerated in the United States, passing 4 million on Thursday.

Southwest says reviewing summer flights as bookings stall

23 Jul 2020

Southwest Airlines Co said on Thursday it is rethinking the number of flights it had planned to add in August and September as weakening revenue pushes its daily cash burn up.

UPDATE 1-Southwest says reviewing summer flights as bookings stall

23 Jul 2020

July 23 Southwest Airlines Co said on Thursday it is rethinking the number of flights it had planned to add in August and September as weakening revenue pushes its daily cash burn up.

UPDATE 2-United CEO says mask wearing will help demand, calls planes 'uniquely safe'

22 Jul 2020

CHICAGO, July 22 United Airlines' chief executive said on Wednesday that lessons learned about preventing the spread of COVID-19, including wearing masks, will underpin a recovery in travel demand and called airplanes "a uniquely safe environment."

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