May 20, 2020

UK will look at helping Rolls Royce employees and the sector: minister

Britain will look at how it can help the employees of Rolls-Royce after the engine maker said it would cut at least 9,000 jobs from its […]
May 20, 2020

Rolls Royce could shut some factories with job cuts programme: CEO

Rolls Royce could close some of its factories as part of a programme to cut 9,000 jobs in response to the crisis in the global aviation […]
May 20, 2020

Oil steady as economic worries offset signs of firmer demand

Oil prices held steady on Wednesday despite signs of improving demand and a drawdown in U.S. crude inventories, as worries over the economic fallout from the […]
May 20, 2020

Angola’s oil exploration evaporates as COVID-19 overshadows historic reforms

The coronavirus pandemic has done in a handful of months what even a 27-year civil war did not: it has brought oil drilling to a halt […]
May 20, 2020

Johnson & Johnson to stop selling talc baby powder in U.S. and Canada

Johnson & Johnson on Tuesday announced it would stop selling its talc Baby Powder in the United States and Canada, saying demand had dropped in the […]
May 20, 2020

Outlook for European corporate profits worsens further

Expectations for second- and third-quarter corporate profits are deteriorating further in Europe, despite a gradual easing across the continent of lockdowns aimed at curbing the coronavirus […]
May 20, 2020

Coronavirus crushes Australia’s dividends with banks leading the decline

Australia has made the deepest dividend cuts globally this year, with more than $6 billion deferred or cancelled as companies conserve cash to ride out the […]
May 20, 2020

Did hedge funds score on masks and sanitizer? Not so much

What would seem like a sure win for elite investors – early bets on companies racing to make face masks, hand sanitizer and other coronavirus-related protective […]
May 20, 2020

Fujifilm shares fall after report Avigan not showing clear efficacy in some coronavirus trials

Shares of Fujifilm Holdings Corp fell on Wednesday after Kyodo news reported that so far there has been no clear evidence of efficacy for its drug […]
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