Airbus in talks with French state over possible aid: CEO
European planemaker Airbus is in talks with the French state regarding possible aid for the company, one of many in the transport sector to have...
Reckitt Benckiser posts record sales on disinfectant boom
British consumer goods firm Reckitt Benckiser Plc reported record quarterly sales growth on Thursday as customers stocked up on its Lysol disinfectants, Mucinex cough syrup...
The devil’s in the detail for junk debt investors facing coronavirus defaults
Before the coronavirus, investors hungry for returns piled into risky corporate loans and bonds with precious little protection for creditors. Now they’re frantically scouring the...
Carlsberg first-quarter sales down 7%, expects further decline in second quarter
Carlsberg said on Thursday sales fell 7% in the first quarter with a further decline expected this quarter, as increased beer sales in supermarkets failed...
Wirecard chairman voices support for embattled CEO: report
The chairman of Wirecard’s supervisory board, Thomas Eichelmann, voiced support for the German payments company’s chief executive, Markus Braun, despite controversy over previous months, according...
Nokia first quarter in profit, revenues miss consensus
Nokia Oyj reported lower-than-expected revenues for the first three months of the year on Thursday, but eked out a small profit, backed by good demand...
Wirecard chairman voices support for embattled CEO: Handelsblatt
The chairman of Wirecard’s supervisory board, Thomas Eichelmann, voiced support for the German payments company’s chief executive, Markus Braun, despite controversy over previous months, according...
Oil prices surge over 10% amid early signs of U.S. fuel demand recovery
Oil prices jumped on Thursday, extending steep gains in the previous session on signs the U.S. crude glut is not growing as quickly as expected...
Millions of Americans likely applied for jobless benefits last week though wave is stabilizing
Millions more Americans likely filed claims for unemployment benefits last week, but the tide appears to be slowing, offering cautious hope of a peak in...
Virgin Australia administrators halt bondholder payments, appoint Morgan Stanley for sale
Virgin Australia Holdings Ltd’s administrators have halted payments to bondholders and appointed Morgan Stanley to help sell the airline within four months, said a participant...