Top Michelin executives agree to pay cuts to help with COVID-19 response
French tyre company Michelin said on Monday that its leading executives had agreed to take pay cuts as a gesture of solidarity to help deal...
Oil falls after Saudi Arabia, Russia delay meeting
Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help reduce global oversupply as the...
Britain’s BT commits to no job losses due to coronavirus crisis
Britain’s BT on Monday committed to no job losses related to the coronavirus crisis for the foreseeable future....
HSBC HK shareholders mull legal action over dividend suspension
HSBC shareholders in Hong Kong are considering calling for an extraordinary meeting with management and taking possible legal action against the bank’s decision to scrap...
Take Five: Life in the time of corona
The world’s biggest economy won’t be open for business by Easter, as U.S. President Donald Trump had hoped, but the second biggest economy may come...
BMW sales plunge in first quarter as coronavirus takes toll
BMW said on Monday that group sales dropped by 20.6% to 477,111 vehicles in the first quarter as the outbreak of coronavirus took its toll...
Oil edges down after Saudi Arabia, Russia delay meeting
Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help alleviate global oversupply as the...
NMC in talks with lenders to avoid administration
Troubled hospital group NMC Health said on Monday it is in talks with Abu Dhabi Commercial Bank , seeking to convince it to withdraw an...
Norwegian Air’s March traffic tumbles 60% amid virus lockdown
Norwegian Air’s passenger volume fell by 60% year-on-year in March as the company gradually grounded its fleet amid global efforts to halt the spread of...
Rolls-Royce scraps targets, dividend on pandemic hit
British aero-engine maker Rolls-Royce said it was scrapping its targets and had decided against paying its last dividend, taking steps to shore up its finances...