Nintendo expects to sell 19 million Switch devices this financial year
Japan’s Nintendo Co Ltd said on Thursday it expects to sell 19 million Switch console units in the current financial year as consumers locked down...
Britain’s GSK to sell entire stake in Hindustan Unilever
(Reporting by Pushkala Aripaka in Bengaluru; Editing by Anil D’Silva)...
BT pulls dividend until 2021/22 to cope with COVID
Britain’s biggest telecoms group BT has suspended its dividend until 2021/22, one of the biggest on the London stock exchange, and pulled its financial outlook...
Britain’s Next expands beauty business with former Debenhams stores
British clothing retailer Next said on Thursday it will expand its beauty business by taking on five former Debenhams beauty departments and rebranding them as...
Rolls-Royce eyes job cuts this month as aerospace market shrinks
British aero-engine maker Rolls-Royce signalled on Thursday it expects to cut some of its workforce to respond to the slump in the global aerospace market,...
AB InBev sees worse ahead, with some light in China
Anheuser-Busch InBev , the world’s largest beer maker, forecast a “materially worse” second quarter as coronavirus restrictions curb drinking across the globe, while noting some...
Bottler Coca Cola HBC’s April sales lose fizz as lockdowns weigh
Soft drinks bottler Coca Cola HBC AG on Thursday said sales in April fell by more than a third as fast-food chains, theatres and other...
British Airways parent IAG says CEO Willie Walsh to stay until September
British Airways-owner IAG said that chief executive Willie Walsh would stay on until September to steer it through the coronavirus crisis, and that it was...
Norwegian Air’s April passenger count falls 99%
Norwegian Air’s passenger volume fell by 98.7% in April from a year earlier as most of its fleet was grounded due to the coronavirus pandemic,...
Liberty Global, Telefonica agree $38 billion merger of UK businesses
The British businesses of Liberty Global Plc and Telefonica SA will merge to create a major new player in UK mobile and broadband communications in...