Liechtenstein’s LGT Group to be split up in 2021
Liechtenstein-based financial group LGT will be split into three separate firms in 2021, all directly held by the Prince of Liechtenstein Foundation, LGT said on...
Aer Lingus says reviewing social distancing procedures after packed flight
Irish airline Aer Lingus said it was reviewing its social distancing procedures after a flight on Monday was packed with passengers....
Airline SAS agrees credit facility backed by Sweden, Denmark
Airline SAS said on Tuesday it had signed a 3.3 billion Swedish crown ($336 million) three-year revolving credit facility agreement, 90% guaranteed by Sweden and...
BNP Paribas says revenue resilient despite equity trading hit
BNP Paribas’ profit fell by a third in the first quarter, as the coronavirus crisis hit equity trading and prompted the euro zone’s biggest bank...
Air France says passengers must wear masks from May 11
French carrier Air France is to require all passengers on board its flights to wear masks from May 11 to comply with French government guidelines...
Ryanair passengers down by 99.6% in April, Wizz Air down by 97.6%
Europe’s biggest budget airline Ryanair posted a 99.6% fall in passenger numbers in April, while smaller low cost carrier Wizz Air said numbers plunged 97.6%,...
EssilorLuxottica sales slump on coronavirus hit, worst yet to come
Oakley and Ray-Ban maker EssilorLuxottica reported a slump in first-quarter sales on Tuesday and warned of an even bigger hit in the current quarter as...
Wizz Air passenger numbers plunge 98% in April
Hungarian low cost airline Wizz Air said its passenger numbers plunged 98% in April compared to the same month last year as the novel coronavirus...
Shareholders vote in Lagardere showdown with activist Amber
Activist investor Amber Capital faces its biggest test yet on Tuesday in its high-stakes bid to shake up governance at media and publishing firm Lagardere...
Beiersdorf’s La Prairie hit by collapse in travel retail
Nivea-maker Beiersdorf said on Tuesday its La Prairie premium skincare brand has been hit hard by the drop in international travel due to the coronavirus...