Senator Rubio: new small business aid program to launch Monday
The U.S. Small Business Admininstration will make additional coronavirus-related financial assistance available to small businesses beginning on Monday, a top Republican senator said....
Wall Street opens higher on signs of lockdown easing
U.S. stock markets jumped at the open on Friday as some states prepared to relax curbs imposed to contain the coronavirus outbreak, with a surprise...
Greene King furloughs over 36,000 employees as pandemic shuts pubs
British pub operator Greene King has furloughed more than 36,000 employees, owner CK Asset Holdings said on Friday, as government measures to halt the spread...
French court upholds ruling that limits Amazon deliveries during coronavirus crisis
A French court rejected US online retailer Amazon’s appeal against a ruling that limits what it can deliver during the coronavirus crisis....
Ryanair could see job losses if flights grounded beyond May: CEO
Ryanair may see job losses if flights remain grounded due to coronavirus restrictions on travel beyond May, Chief Executive Michael O’Leary said on Friday....
Norway approves new law that could help rescue Norwegian Air
Norway’s parliament voted through a new company restructuring law on Friday that could help save Norwegian Air and many other companies from potential bankruptcy as...
IKEA says visitors returning fast to reopened shopping centres in China and Germany
Furniture brand IKEA’s main retail vehicle said on Friday shoppers were returning quickly to its shopping centres after it reopened three in China last week,...
Oil heads for steep weekly slide after coronavirus turmoil
Oil prices rose on Friday but headed for their third weekly loss as production shutdowns failed to keep pace with sliding demand due to the...
Verizon pulls 2020 revenue view as it loses wireless subscribers
Verizon Communications Inc withdrew its full-year revenue outlook on Friday as it lost 68,000 phone subscribers who pay a monthly bill in the first quarter...
HSBC to push on with overhaul ‘wherever possible’ despite crisis
HSBC will press ahead with plans to reallocate capital from underperforming businesses, cut costs and strip out layers of management, despite problems caused by the...