Bloomberg Daimler AG plans to resume US production of Mercedes-Benz luxury SUVs at its factory in Tuscaloosa, Alabama, on April 27 as the German carmaker prepares to gradually ramp up output halted by the coronavirus pandemic. “The company will continue operations in coordination with the respective authorities,” Daimler said in an emailed statement. Appropriate precautions to prevent infections, including cleaning ...

Bloomberg Boris Johnson’s government is seeking to expedite production of a vaccine and drugs to treat Covid-19, both of which are seen as crucial to end nationwide restrictions on citizens’ movement that have brought the UK economy to a near-halt. AstraZeneca Plc and the Wellcome Trust will form part of a new task force to coordinate efforts across academia and ...

Bloomberg Ford Motor Co. took its first drive through the high-yield market in years, looking to shore up liquidity after reporting one of its largest ever quarterly losses. The automaker raised $8 billion of unsecured bonds in three parts. The longest maturity, a 10-year security, will yield 9.625%, after initially being marketed around 11%, according to a person with knowledge ...