Return of Big Mac – McDonald’s UK emerges from lockdown
After over seven weeks of coronavirus lockdown, Britons hankering for a Big Mac may be a step closer to getting their hands on one after...
Japan´s Softbank sees consolidation in Latam food delivery
Japan’s SoftBank Group Corp , a shareholder in some of Latin America’s largest food delivery companies, expects consolidation in most markets, a senior executive said...
U.S. producer prices record largest drop since 2009 as coronavirus suppresses demand
U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, bolstering some economists’ predictions...
OPEC slashes oil demand forecast again, sees biggest hit this quarter
OPEC slashed its forecast on Wednesday for global oil demand this year and predicted this quarter would see the steepest decline even as some countries...
Exclusive: Europe nears crisis plan for public stakes in key companies – sources
EU officials are seeking to finalise a plan for public stakes to be taken in key European companies to shield them from the economic fallout...
Mexico revs up car industry from Monday, along with mining
Mexico could begin opening some automotive factories from May 18 under a government plan unveiled on Wednesday that loosens coronavirus restrictions and paves the way...
S&P 500, Dow slip after Powell’s somber outlook on economy
The S&P 500 and Dow slipped on Wednesday as Federal Reserve Chairman Jerome Powell warned of an extended period of weak growth and stagnant incomes,...
Wall Street bonuses set to fall by as much as 30% in 2020: report
Wall Street bonuses for 2020 could fall by as much as 25%-30% due to the deep cuts to revenues recorded by banks and hedge funds...
OPEC slashes oil demand forecast but sees cuts helping restore balance
OPEC on Wednesday again slashed its forecast for global oil demand this year as the coronavirus outbreak causes a global recession, although it said record...
Jersey jackpot of $2 million awaits Deutsche’s lost shareholders
While Deutsche Bank employees fret about their jobs and pay, Germany’s largest lender is trying to track down several hundred former staff to claim share...