British airline easyJet EZJ.L boosted its liquidity through a new five-year loan facility of $1.87 billion, backed by a partial guarantee from Britain, helping to ease concerns about its finances…
Category: Business
Chipotle to hire 15,000 workers in the United States
Chipotle Mexican Grill Inc said on Monday it would hire 15,000 workers in the United States, as the fast-casual burrito chain benefits from strong demand during the COVID-19 pandemic. The…
Money markets ramp up bets on U.S. interest rate hikes by 2023
Judging by trading in U.S. money markets, investors are starting to ramp up expectations for a rise in U.S. interest rates by the second half of 2023 on the prospects…
Tesla hunts for design chief to create cars for China
Tesla Inc is searching for a design director in China, part of efforts to open a “full-function” studio in Shanghai or Beijing and design electric cars tailored to Chinese consumer…
Cancel your weekends! Bitcoin doesn’t rest, and neither can you
Bitcoin doesn’t sleep. On the first sluggish Saturday of 2021, Jan. 2, many people were still nursing New Year hangovers. But there was no breather for bitcoin, which powered past…
Gilead raises 2020 profit forecast on remdesivir strength
Gilead Sciences Inc raised its full-year profit forecast on Monday, as a recent resurgence in COVID-19 cases boosted demand for its COVID-19 treatment, remdesivir. The level of new COVID-19 cases…
TD Bank faces Stanford Ponzi scheme liquidators seeking $5.5 billion in trial
Toronto-Dominion Bank will defend itself in a trial starting in a Canadian court on Monday in which liquidators of the collapsed Antigua bank of former Texas financier Robert Allen Stanford…