Exclusive: IKEA aims to start reopening stores in Europe in May
IKEA store owner Ingka Group, the world’s biggest furniture retailer, aims to start reopening shops in Europe in May after closures and sliding demand due...
Crude oil held in sea storage hits new record at 160 million bbls: sources
Traders are storing an estimated record 160 million barrels of oil on ships – double the level from two weeks ago as they seek to...
Nasdaq proposes easing listing rules during coronavirus crisis
Nasdaq Inc has applied with the U.S. Securities and Exchange Commission to offer temporary relief to companies listed on its exchange with stock prices and...
Vienna Airport launches savings program, cancels 2019 dividend
Vienna Airport launched a savings programme equivalent to a quarter of annual revenue on Friday in response to the travel falloff caused by coronavirus and...
Gilead’s shares rise on report of experimental drug’s promise in COVID-19
Shares of Gilead Sciences Inc rose 10% in early trading on Friday after a report that patients with COVID-19 treated with the company’s experimental drug,...
Oil mixed as Chinese data offsets Trump plans to ease lockdown
Oil prices were mixed on Friday as China’s worst quarterly economic contraction on record offset President Donald Trump’s plans to revive the U.S. economy....
Volkswagen China boss sees sales in China on recovery course
Volkswagen Group said sales of its cars dropped by 23% on the year to 2 million cars in the January to March period but was...
Boeing, lockdown easing hopes set to lift Wall Street
Wall Street was set to jump at the open on Friday following President Donald Trump’s new guidelines to re-open the economy and on a report...
Italy’s firms shake lockdown using shortcut in coronavirus law
Weeks into Italy’s coronavirus lockdown, thousands of Italian entrepreneurs have been given a bureaucratic shortcut to market....
Deutsche Bank investor files new motion to oust chair at shareholder meeting
Deutsche Bank investor Riebeck-Brauerei on Friday filed a motion seeking a vote to oust the lender’s chairman Paul Achleitner at this year’s annual general meeting,...