Beijing autoshow postponed to September due to virus
Organisers of the Beijing autoshow, which was scheduled to be held in late-April, said on Friday the event would be held between Sept. 26 and...
Ryanair misses traffic target, braces for hedging hit
Ryanair missed its 2020 target for passenger traffic and expects to book an exceptional charge of around 300 million euros for the year which ended...
H&M sees second-quarter loss as pandemic slams sales in March
H&M , the world’s second-biggest clothing retailer, said on Friday it expected a loss in the second quarter after reporting a 46% plunge in March...
Sportswear maker Puma proposes suspending dividend due to virus
German sportswear maker Puma proposed on Friday to suspend its 2019 dividend given the impact of the coronavirus pandemic....
British supermarket Sainsbury’s to remove most customer purchasing limits
British supermarket group Sainsbury’s said on Friday it would start to remove the customer purchasing limits it imposed as a response to increased demand during...
Sweden’s H&M sees second-quarter loss as pandemic slams March sales
H&M , the world’s second-biggest clothing retailer, reported on Friday a 46% plunge in March sales as the coronavirus pandemic took its toll and said...
Google releases location data to show if coronavirus lockdowns working in 131 countries
Alphabet Inc’s Google on Thursday published reports for 131 countries showing whether visits to shops, parks and workplaces dropped in March, when many governments issued...
Traton sees some order cancellations, can’t rule out job cuts: WiWo
Volkswagen’s Traton commercial truck unit has seen cancellations of orders due to the coronavirus outbreak but these are manageable, its chief told a German magazine...
Coronavirus likely ended record U.S. job growth in March
The U.S. economy likely shed jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent measures to control the coronavirus...
Mexico stops brewing Corona beer, deemed non-essential in epidemic
Mexico’s Grupo Modelo said on Thursday it will temporarily stop brewing Corona beer and other brands exported to 180 countries after its business activities were...