BlackRock says sustainability reports might slide during pandemic
Top asset manager BlackRock Inc, which has vowed to put more focus on climate issues, said that companies might give a lower priority to sustainability...
AT&T misses revenue estimates as coronavirus weighs on business
AT&T Inc’s first-quarter revenue fell short of Wall Street expectations and the company pulled its annual forecast on Wednesday, as the impact of the coronavirus...
Brexit’s back: double-whammy for sterling after virus shock
Shoved aside by the coronavirus pandemic, Brexit is set to work its way into the headlines again as a June deadline for extending Britain’s 11-month...
Futures bounce after two days of oil-led rout
U.S. stock index futures rebounded on Wednesday as upbeat quarterly earnings reports lifted investor sentiment following a two-day selloff due to a record crash in...
‘A disaster’: Roche CEO’s verdict on some COVID-19 antibody tests
Some blood tests being marketed to tell people if they have had the new coronavirus are a “disaster”, Roche Chief Executive Severin Schwan said on...
Fast Retailing CEO criticises Japan’s lack of virus tests: report
The head of Fast Retailing Co , owner of fashion chain Uniqlo, criticised Japan’s lack of coronavirus testing in a media interview, joining a chorus...
U.S. orders Chevron to ‘wind down’ Venezuela operations by December 1
The Trump administration on Tuesday gave Chevron Corp , the last major U.S. oil company still operating in Venezuela, until Dec. 1 to “wind down”...
Safe as houses? Trading from home tests bank defences during crisis
Trading worth billions of dollars has shifted to kitchen tables or bedrooms as traders work through the coronavirus crisis from home, testing patchy fixes to...
Toyota’s South African unit sees 15-20% hit to production due to virus
The South African unit of Toyota could see its production drop by around 15-20% in 2020, its president and CEO Andrew Kirby said on Wednesday....
Elevator maker Kone’s first-quarter profit beats forecasts
Finland’s Kone reported a 10% fall in first-quarter profit hurt by the coronavirus outbreak but beat forecasts and stuck with its recently adjusted 2020 outlook....