Tiffany & Co to temporarily shut several stores, cuts hours at others
Luxury jeweler Tiffany & Co said on Tuesday it would temporarily close several stores, including its Fifth Avenue flagship store in New York, and reduce...
Most British companies not insured for coronavirus closures: industry body
Most companies in Britain don’t have insurance cover for closures caused by the coronavirus outbreak, the Association of British Insurers said on Tuesday....
UK launches coronavirus lending scheme for business
The Bank of England and Britain’s finance ministry launched a scheme on Tuesday to purchase debt known as commercial paper issued by companies hit by...
Explainer: How your bank deposits are (and aren’t) protected
In the United States and many other countries, the government guarantees a certain amount of each customer’s deposits in the event of a bank failure,...
HSBC appoints Noel Quinn as CEO
HSBC said on Tuesday it has appointed Noel Quinn as its chief executive officer, effective immediately....
Airbus suspends production in France and Spain, shares slide
Airbus announced plans to halt operations at its plants in France and Spain for four days as the coronavirus crisis spread from battered airlines to...
Adidas joins Nike in announcing store closures over coronavirus
German sportswear maker Adidas on Tuesday joined rivals in announcing store closures in response to the coronavirus pandemic....
UAW seeks U.S. auto plant shutdown as COVID-19 crisis deepens
The head of the United Auto Workers on Tuesday turned up pressure on Detroit automakers to shutter U.S. factories for two weeks due to the...
Fed’s short-term funding CP plan boosts stocks, dollar
A gauge of global equity markets and gold rose on Tuesday after the U.S. Federal Reserve said it would buy short-term corporate debt directly from...
Tiffany to temporarily close several stores, cuts hours at others
Luxury jeweler Tiffany & Co said on Tuesday it would temporarily close several stores, including its Fifth Avenue flagship store in New York, and reduce...