Facebook could address some U.S. antitrust concerns with new photo transfer tool
Facebook Inc will allow users in the United States and Canada to transfer photos and videos to a rival tech platform for the first time...
Credit Cuisse chairman successor search well underway, says Rohner
Credit Suisse’s search for a new chairman is well underway, the current chairman Urs Rohner told shareholders at the bank’s annual general meeting on Thursday....
Malaysia Airlines says working with Khazanah for financial support, taken cost cuts
Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support while also taking steps to defend its cash position to sustain...
Britain’s Sainsbury’s warns of $623 million hit to profit from coronavirus
British supermarket group Sainsbury’s warned the impact of the coronavirus pandemic on current year profit could be over 500 million pounds ($623 million) and said...
Fiat Chrysler’s dealers, mechanic workshops to reopen on Monday
Fiat Chrysler said on Thursday its Italian network of approved dealers and mechanic workshops would reopen on May 4, when the country is set to...
Oil prices rise on early signs of pick up in fuel demand
Oil prices jumped on Thursday, lifted by signs that the U.S. crude glut is not growing as quickly as expected and of a rise in...
Audi’s 2020 outlook ‘significantly below’ last year amid coronavirus
Audi , a unit of Volkswagen , said on Thursday it saw deliveries, revenue and operating profit “significantly below” last year as the coronavirus outbreak...
Airbus in talks with French state, no liquidity concerns at present, says CEO
European planemaker Airbus is in talks with the French state regarding possible support for aircraft deliveries, even though it has no liquidity problems at present,...
Shell cuts dividend for first time since World War Two
Royal Dutch Shell cut its dividend for the first time since World War Two on Thursday as the energy company retrenched in the face of...
Reckitt Benckiser’s sales surge on coronavirus disinfectant boom
Reckitt Benckiser achieved record sales growth in the first quarter and predicted a stronger than expected performance in 2020 as customers stocked up on Lysol...