AstraZeneca shares down 2% after report it approached Gilead over tie-up
Shares in Britain’s AstraZeneca fell 2.1% in early trades on Monday after a report it had approached U.S. rival Gilead Sciences about a possible merger...
Possibly millions of jobs could be lost if planes stay grounded, Heathrow boss says
Hundreds of thousands of jobs, if not millions, could be lost in Britain if aviation is not able to resume quickly, the chief executive of...
Emerging market corporate credit quality down but not out
The coronavirus pandemic has had a devastating impact on companies around the world, but in poorer emerging economies where balance sheets and credit ratings were...
Ryanair boss O’Leary says: We’ll fly through UK’s ‘rubbish’ quarantine
Ryanair will not cancel flights to and from the United Kingdom despite the government introducing a 14-day quarantine for international travellers because it is seeing...
EasyJet directors Gurassa and Martin to step down from board this year
Two non-executive directors of EasyJet are to step down from the board later this year in line with corporate governance best practice, having each served...
Coronavirus widens the cracks in Egypt’s cement industry
The coronavirus is putting Egypt’s private cement industry under even more pressure....
Risk-taking billionaires offer rich reward for Credit Suisse
Credit Suisse is banking on risk-taking billionaires to drive revenue growth at its wealth management division....
Gulf mall operators rein in expansion as retailers reel from COVID-19
Mall operators in the Gulf region are delaying new mega-projects as the coronavirus pandemic and low oil prices upend a retail industry built around huge...
Europe’s Detroit? Pandemic bursts Toulouse aerospace bubble
Barely three months ago, Serge Dumas had one problem: how to keep up with record demand for the metal fasteners and bolts his small aerospace...
Fed says beating pandemic is key, but how will it know things are better?
With a full three months of responding to a global pandemic under their belt, U.S. Federal Reserve officials have united around one point: lasting progress...