Pernod Ricard sales hit by coronavirus, share buyback halted
French spirits maker Pernod Ricard said on Thursday it was suspending a share buyback of up to 500 million euros ($541 million) and keeping a...
Adidas plans a multi-billion bond to replace state loan: Manager Magazine
German sportswear firm Adidas plans a multi-billion euro bond so that it no longer needs the state-backed loan it agreed to take earlier this month...
Ryanair must be clearer about full ticket price: EU court
Ryanair must indicate the full price of the ticket when it displays offers on its website, the EU’s top court said on Thursday....
Oil rallies on Gulf tensions and output cuts
Oil rose on Thursday, spurred by rising tensions in the Middle East, output cuts by producing nations to tackle oversupply and the promise of more...
Adidas plans a multi-billion euro bond: manager magazine
German sportswear firm Adidas plans a multi-billion euro bond so that it no longer needs the government-backed loan it agreed earlier this month to help...
Sweden’s Volvo hit by cancelled orders as pandemic creates ‘new normal’
Sweden’s AB Volvo on Thursday warned of stalling truck orders and a challenging adjustment to a “new normal” of feebler demand after reporting a smaller-than-expected...
Stocks pause before key EU meeting on coronavirus aid
Caution gripped markets on Thursday, with stocks falling before a key Eurogroup meeting to discuss joint stimulus measures, offsetting optimism from a fresh round of...
Volkswagen making masks in China for its staff at European plants
Volkswagen AG is making masks in China for distribution to Volkswagen plant employees in Europe, the German automaker said on Thursday as it prepares to...
Renault seeks state-backed loan to build cash buffer
Renault is in talks with the French government to secure a state-backed loan worth several billion euros to shore up its liquidity during the coronavirus...
Dollar slips against commodity currencies as Brent surges
The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets...