Britain’s Tesco says coronavirus costs could reach $1.1 billion
Britain’s biggest retailer Tesco expects to take a hit of up to 925 million pounds ($1.1 billion) from the costs of dealing with the coronavirus...
Britain’s Tesco says not prudent to give guidance for 2020-21 due to coronavirus crisis
Britain’s biggest retailer Tesco said on Wednesday it would not be prudent to give financial guidance for the 2020-21 year due to uncertainty caused by...
UK fashion retailer ASOS raises 247 million pounds in placing
British online fashion retailer ASOS Plc said it had raised 247 million pounds ($304 million) via a placing, to help it shore up its finances...
Dollar firms as virus worries return
The dollar found a footing on Wednesday as investors returned to safe-havens, reversing some risk currency gains made on hopes the coronavirus crisis in Europe...
Asian shares turn mixed, oil rebounds in choppy trade
Asian stocks were mixed on Wednesday after two sessions of sharp gains as investors tempered their optimism about the coronavirus while death tolls were still...
Pulp friction: Border jams delay supply of toilet paper’s only ingredient
As several European borders limit travel to stop the spread of COVID-19, two of the world’s biggest pulp makers say transportation logjams are delaying shipments...
Asian shares turn cautious, oil rebounds in choppy trade
Asian stocks stepped back on Wednesday after two sessions of sharp gains as investors tempered their optimism about the coronavirus while death tolls were still...
Oil prices jump on hopes for OPEC, Russia meeting on output cuts
Oil bounced back on Wednesday, with U.S. crude jumping over $1, lifted by hopes that a meeting between OPEC members and allied producers on Thursday...
Nissan’s China sales drop 44.9% in March due to virus
Japanese automaker Nissan said on Wednesday its sales in China fell 44.9% from a year earlier to 73,297 units in March, as the coronavirus epidemic...
Asian shares step back, oil rebounds in volatile trade
Asian stocks stepped back on Wednesday after two sessions of sharp gains as investors turned wary on getting too optimistic about the coronavirus while death...