Coronavirus lockdowns to hurt Coca-Cola’s second quarter sales
Coca-Cola Co said on Tuesday its expected current-quarter results to take a hit as restaurants, theaters and other venues that represent about half of the...
Oil giveaway brings out the bears
The crash in U.S. crude prices has turned a reliable commodity less than worthless and given fresh urgency to bearish voices, who say it sounds...
Oil hits two-decade lows on low demand, storage woes
Benchmark Brent and U.S. oil futures for June delivery plunged to around two-decade lows on Tuesday, a day after U.S. May futures sank into negative...
U.S. existing home sales tumble in March
U.S. home sales dropped by the most in nearly 4-1/2 years in March as extraordinary measures to control the spread of the novel coronavirus brought...
Wall Street opens lower as U.S. crude collapse adds to pandemic worries
U.S. stocks opened lower for a second straight day on Tuesday as a historic crash in U.S. crude prices to below zero and gloomy quarterly...
Starbucks brings Beyond Meat and Oatly to China with new plant-based lunch menu
Starbucks Corp said on Monday it would roll out a plant-based food and beverage menu in China this week, launching Beyond Meat Inc and Oatly...
After ventilators, Xerox now plans to make hand sanitizers
Xerox Holdings Corp said on Tuesday it will make hand sanitizer in its factories in the United States and Canada to fight the spread of...
Domestic air travel down 70%, recovery likely to be slow: IATA
Domestic air traffic is down 70% globally and the recovery over the coming six months is likely to be slow due to the damage coronavirus...
Lockheed Martin profit beats, but company trims sales outlook on virus hit
Lockheed Martin reported better-than-expected quarterly profit on Tuesday, helped by higher sales in its aeronautics business that makes the F-35 fighter jets, but lowered its...
Lululemon apologises after staffer offends with ‘bat fried rice’ T-shirt
Canadian exercise apparel brand Lululemon issued statements on Tuesday apologising for, and distancing itself from, a T-shirt design promoted by one of its art directors...