Primark commits to paying for 370 million pounds of orders during coronavirus crisis
Fashion retailer Primark has committed to pay suppliers for 370 million pounds ($461 million) of orders, though all its stores are closed due to the coronavirus pandemic....
New Aston Martin boss says focus on SUV launch, restarting factories
Aston Martin’s immediate priorities will be restarting manufacturing and launching production of its crucial first sport utility vehicle, the luxury carmaker’s new boss, Formula 1...
Burger chain Shake Shack to return $10 million government loan
Shake Shack Inc will return the small business loan it received from the U.S. government, the burger chain’s chief executive said on Monday, making it...
New Aston Martin chief says focus on SUV launch, restart
Aston Martin’s immediate priorities will be restarting manufacturing and launching production of its crucial first sport utility vehicle, its new boss, Canadian businessman and Formula...
Virgin Australia to enter voluntary administration: SMH newspaper
Virgin Australia Holdings is preparing to enter voluntary administration, the Sydney Morning Herald reported on Monday, citing unnamed sources, with the cash-strapped carrier unable to...
U.S. oil off lows after falling over 20% to levels unseen since 1999
Crude oil futures fell on Monday, with U.S. futures dropping more than 10% to levels unseen since 1999 amid concerns that U.S. storage facilities will...
Asia shares turn cautious before earnings, U.S. crude crushed
Caution gripped Asian share markets on Monday amid expectations a busy week of corporate earnings reports and economic data will drive home the damage done...
Ray-Ban maker EssilorLuxottica to scrap dividend, eyes cost cuts
Oakley and Ray-Ban maker EssilorLuxottica said on Monday it would scrap its dividend and might also consider cost cuts as the coronavirus pandemic chokes its...
Asia shares turn cautious, U.S. crude crushed
Caution gripped Asian share markets on Monday amid expectations a busy week of corporate earnings reports and economic data will drive home the damage done...
Spectacles group EssilorLuxottica to scrap dividend, cut costs
EssilorLuxottica , the spectacles company whose brands include Oakley and Ray-Ban, said on Monday that it would scrap its dividend and would look to cut...