The half a trillion dollar British money transfusion that may not be enough
It took Lucio and Meera Santoro 35 years to build up their London design company and just a week to watch it fall apart....
Oil crash slams stocks, dollar gains as risk sentiment rolls over
Global stocks fell on Tuesday, a day after U.S. crude oil prices turned negative for the first time ever, as dismal corporate earnings underlined worries...
Primark owner AB Foods right not to pay dividend, says boss
Primark owner Associated British Foods’ decision not to pay an interim dividend to shareholders was “absolutely the right thing to do” given the coronavirus crisis,...
Primark owner scraps dividend, takes charge for surplus stock as coronavirus crisis hits
Primark owner Associated British Foods will not pay an interim dividend to save cash during the coronavirus crisis and has booked a 284 million pound...
Lockheed Martin quarterly revenue rises 9.2%
Lockheed Martin Corp , the Pentagon’s No.1 weapons supplier, reported a 9.2% rise in quarterly revenue on Tuesday, helped by higher sales in its aeronautics...
French court to issue verdict in Amazon case on April 24: judge
A verdict in a case involving U.S. e-commerce giant Amazon will be issued by the Court of Appeal in Versailles on April 24, a French...
Coca-Cola sees second-quarter sales hit from coronavirus lockdown
Coca-Cola Co on Tuesday forecast a hit to current-quarter results as restaurants, theaters and other venues that represent about half of the company’s revenue remain...
U.S. oil futures plumb historic lows below zero, Brent plunges
U.S. oil futures continued to trade in negative territory on Tuesday, after closing down nearly $40 on Monday in their first ever sub-zero dive, as...
Demand for masks crashes website of Japan’s Sharp
The website of Japanese electronics firm Sharp crashed on Tuesday after the company started selling face masks online, as Japan’s tally of coronavirus infections passed...
LSE says no plans to revisit savings target from Refinitiv deal
The London Stock Exchange said it has no plans to change its targets for synergies from its planned $27 billion takeover of data and analytics...