Turkish Airlines plans to resume limited flights in June: draft
Turkish Airlines plans a gradual resumption of flights from June and will take four months to return to near full operation, a draft plan seen...
World shares subdued amid mixed earnings; oil falters
Global shares struggled on Wednesday as mixed earnings, doubts about the easing of coronavirus lockdowns and simmering U.S.-China tensions cast a pall over markets....
UK watchdog deems Shell’s ‘drive carbon neutral’ ad campaign acceptable
A Royal Dutch Shell advertising campaign promising customers they can “drive carbon neutral” has been deemed acceptable under Britain’s advertising rules following an investigation, regulators...
VW sees multi-speed coronavirus rebound led by China
Volkswagen said demand in China was rebounding, thanks to customers who want to switch from public transport to personal vehicles, but warned sales would not...
Hyundai Motor sales down 57% amid coronavirus pandemic
South Korea’s Hyundai Motor said on Wednesday its provisional April sales fell 57% on year to 159,079 vehicles globally, as the coronavirus pandemic and efforts...
BMW cuts outlook, expects coronavirus impact to last all year
BMW AG on Wednesday said the impact of the coronavirus will likely hurt demand and profit throughout the year, forcing the German automaker to lower...
Amber Capital: no plans to sell Lagardere stake and it may even raise it
The founder of activist investment company Amber Capital, which lost out this week in a bid to shake up the governance at French group Lagardere...
Samsung heir Lee apologises over succession, labour controversy
Samsung Group heir Jay Y. Lee, embroiled in a bribery scandal, on Wednesday apologised over controversial succession plans and said he will not hand over...
Yum China keeps bets on dine-in, sticks to expansion plans after virus
Yum China is betting that Chinese consumers will still choose to dine-in in the aftermath of the coronavirus crisis and plans to open more Pizza...
Virgin Money profits erased by coronavirus provision
British lender Virgin Money swung to a first-half loss after setting aside 237 million pounds ($294.7 million) to handle loans likely to go bad because...