Global airline hit from coronavirus rises to $314 billion: IATA
Global airlines will lose $314 billion in revenue due to the coronavirus pandemic in 2020 according to a forecast from the industry’s representative body IATA,...
NMC Health board revamped by administrators
The administrators of troubled hospital operator NMC Health have announced a new board for the London-listed company, bringing in four non-executive directors with international restructuring...
J&J beats profit estimates but coronavirus fuels forecast cut
Johnson & Johnson on Tuesday beat analysts’ estimates for first-quarter profit on higher sales of its cancer drugs and consumer products including Tylenol, while cutting...
Wells Fargo first-quarter profit decimated as coronavirus boosts provisions
Wells Fargo & Co first-quarter profit plunged as it set aside billions of dollars to cover potential loan-losses from the coronavirus pandemic....
Alphabet soup: How will post-virus economic recovery shape up?
(This story had been refiled to add missing words in paragraph 16 of story first published April 9.)...
Global stocks gain on China trade data, easing pandemic worries
World stocks gained on Tuesday after Chinese trade data came in better than expected and as some countries tried to restart their economies by partly...
China data lifts futures as JPMorgan, J&J kick off earnings
U.S. stock index futures gained 1% on Tuesday on better-than-expected trade data from China and signs some economies were preparing to ease lockdowns, even as...
JPMorgan profit plunges on coronavirus loan provisions
JPMorgan Chase & Co’s quarterly profit slumped by more than two-thirds as the coronavirus pandemic and record low oil prices forced the largest U.S. bank...
Johnson & Johnson beats profit estimates but cuts forecast on coronavirus uncertainty
Johnson & Johnson on Tuesday beat analysts’ estimates for first-quarter profit on higher sales of its cancer drugs and consumer products including Tylenol, while slashing...
Britain’s Next re-opens online before maxing out daily limit
British clothing retailer Next hit a self-imposed daily limit within hours of re-opening its online business on Tuesday, indicating consumer demand during the coronavirus lockdown....