P&G beats profit estimates as consumers stock up on toilet rolls, detergents
Procter & Gamble Co beat expectations for quarterly profit on Friday as consumers stocked up on everything from diapers and detergents to toilet rolls amid...
Futures jump on Trump’s restart plan, coronavirus drug hopes
U.S. stock index futures bounced more than 2% on Friday as President Donald Trump laid out plans to re-open an economy shut down by the...
Goldman predicts 36% drop in iPhone shipment, says time to sell Apple shares
Goldman Sachs said on Friday it expects iPhone shipment to drop 36% during the third quarter due to coronavirus-related lockdowns around the world and downgraded...
Developing countries unlock key industries to safeguard earnings and jobs
From Africa to Asia and Latin America, emerging countries disproportionately bruised by the COVID-19 pandemic are allowing some key industries to start back up in...
Oil rises as Trump plans to ease lockdown
Oil prices rose on Friday as President Donald Trump laid out plans to ease the U.S. coronavirus lockdown and on reports, later played down, that...
Airbus chief calls for government support for shift to lower-emission planes: Der Spiegel
Airbus CEO Guillaume Faury is proposing a government support programme to help airlines convert their fleets to more environmentally friendly planes, according to an interview...
Portugal’s car parts makers resume production as coronavirus spread slows
Portuguese car component manufacturers, among the country’s top exporters, are calling thousands of employees back to work even before a nationwide COVID-19 lockdown is lifted...
UK to allow company meetings online or on the phone in pandemic
Companies will be able to hold their annual shareholders’ meeting over the phone or online during the coronavirus pandemic under a promised new law, Britain’s...
Super-charged stocks race toward second weekly gain
World stock markets made a super-charged sprint towards a second straight week of gains on Friday after President Donald Trump laid out plans to gradually...
Oil falls as Chinese economy outweighs Trump plan to ease lockdown
Oil prices fell on Friday, giving up early gains as China’s worst economic contraction on record outweighed news of U.S. President Donald Trump’s plans to...