Kroger expects to top 2020 outlook, beats estimates for profit, sales
Kroger Co said it expects to exceed its 2020 outlook for same-store sales and profit after beating Wall Street expectations for quarterly results on Thursday,...
Exclusive: EU in advanced talks with Johnson & Johnson on COVID-19 vaccine deal – sources
The European Commission is in advanced talks with pharmaceutical giant Johnson & Johnson to reserve or buy up-front doses of its COVID-19 vaccine under development,...
World stocks drift lower as second wave virus fears mount
Global stocks drifted lower on Thursday as an increase in new coronavirus cases in some U.S. states and China crushed hopes of a swift world...
Dollar and yen supported by fears of new pandemic wave; Norway’s crown shines
The U.S. dollar and Japanese yen held their positions on Thursday as concerns about a rise in new coronavirus cases underpinned demand for safe-haven currencies,...
Mother’s Day sales uptick doesn’t cover coronavirus downturn, Washington D.C. florist says
Mother’s Day during the coronavirus pandemic meant an uptick in sales for Lee’s Flower and Card Shop in Washington, D.C....
Sharp learning curve for bosses as WFH goes global
Two weeks into the coronavirus lockdown and Sergei Holmeckis, a boss at Deutsche Telekom’s Czech operations in the city of Brno, was frustrated with staff...
JPMorgan gets China’s nod for first fully foreign-owned futures business
China on Thursday approved JPMorgan’s application to operate the first fully foreign-owned futures business, as the world’s second-largest economy pushes ahead with opening its multi-trillion-dollar...
Stocks drift as second wave virus fears mount
Global stocks drifted on Thursday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the...
Oil prices tick up amid mixed signals from U.S. data
Oil prices ticked up on Thursday after U.S. oil product stocks shrank, providing bulls with ammunition ahead of a meeting between OPEC producers and their...
PepsiCo drops Aunt Jemima branding; Uncle Ben’s, others under review
PepsiCo Inc said on Wednesday it will change the name and brand image of its Aunt Jemima pancake mix and syrup which have been criticized...