Thomson Reuters reports higher first-quarter sales and operating profit
Thomson Reuters Corp on Tuesday reported higher quarterly sales and operating profit but cut is full-year sales outlook, citing unprecedented disruption in the global economy....
Oil spurt lifts stocks out of three-day losing streak
Stock markets snapped a three-day losing streak on Tuesday and oil was on its longest run of gains in nine months as moves to ease...
Beiersdorf sells more hand cream, less sunscreen
Nivea-maker Beiersdorf said on Tuesday its La Prairie premium skincare brand and sun care products have been hit by the drop in international travel due...
Thai Airways rescue plan is its last chance, says PM
The government is ready to back a rescue package for Thai Airways International Pcl , but it will entail a full restructuring and there will...
Hugo Boss expects 50% sales drop next quarter as crisis impact worsens
Hugo Boss is seeing signs of a sales rebound in China and online, but expects the impact of the coronavirus crisis to worsen before any...
BNP warns of 2020 profit fall as crisis wipes out equity trading
BNP Paribas set aside more than half a billion euros in loan provisions on Tuesday as the coronavirus crisis wiped out the French bank’s revenue...
Italy’s CNH Industrial aims for full production by end of May
Vehicle and equipment maker CNH Industrial said on Tuesday it planned to return progressively to full operations at most of its facilities around the world...
Liechtenstein’s LGT Group to be split up in 2021
Liechtenstein-based financial group LGT will be split into three separate firms in 2021, all directly held by the Prince of Liechtenstein Foundation, LGT said on...
Aer Lingus says reviewing social distancing procedures after packed flight
Irish airline Aer Lingus said it was reviewing its social distancing procedures after a flight on Monday was packed with passengers....
Airline SAS agrees credit facility backed by Sweden, Denmark
Airline SAS said on Tuesday it had signed a 3.3 billion Swedish crown ($336 million) three-year revolving credit facility agreement, 90% guaranteed by Sweden and...