Adidas apologizes for deferring store rent, will pay up
German sportswear maker Adidas apologizes on Wednesday for saying it would stop paying rent for stores around the world forced to close by coronavirus lockdowns...
Oil falls towards $25 as oversupply fears mount with U.S. inventory rise
Oil fell towards $25 a barrel on Wednesday, within sight of its lowest in 18 years, as a report showing a big rise in U.S....
Income funds sift for survivors as coronavirus cuts into dividends
As companies cut dividends in response to the financial havoc caused by the coronavirus, fund managers whose portfolios rely on the payouts are sifting for...
Loss of taste and smell key COVID-19 symptoms, app study finds
Losing your sense of smell and taste may be the best way to tell if you have COVID-19, according to a study of data collected via a symptom tracker...
Erdogan says Turkey may need further measures if citizens ignore ‘voluntary quarantine’
Turkey will have to take additional measures if the coronavirus outbreak widens and citizens don’t abide by a “voluntary quarantine,” President Tayyip Erdogan said on...
U.S. private payrolls post first decline since 2017
U.S. private payrolls dropped in March for the first time since 2017, likely as businesses shut down in compliance with strict measures by authorities to...
EU proposes short-time work scheme to avoid coronavirus lay-offs
The European Commision proposed a short-time work scheme on Wednesday modelled on Germany’s Kurzarbeit programme to help people keep their jobs as the coronavirus pandemic...
Futures tumble in start to second quarter as coronavirus crisis worsens
U.S. stock index futures sank on Wednesday, as stark predictions of a rise in the U.S. death toll and worsening economic damage from the coronavirus...
Russia, U.S. hold energy talks, as Trump complains about oil cheaper than water
U.S and Russian energy officials held rare talks about oil after crude prices crashed to levels last seen about two decades ago, while President Donald...
Exclusive: Germany ready to nationalize airline Condor – sources
The German government stands ready to take over airline Condor after an agreement by Polish carrier LOT to acquire the carrier is likely to collapse,...
