April 30, 2020

Reckitt Benckiser’s sales surge on coronavirus disinfectant boom

Reckitt Benckiser achieved record sales growth in the first quarter and predicted a stronger than expected performance in 2020 as customers stocked up on Lysol disinfectants, […]
April 30, 2020

Cargill expands plant-based protein food for China

U.S. agribusiness giant Cargill said on Thursday it will introduce a range of plant-based food products to China following a successful trial of plant-based nuggets by […]
April 30, 2020

Exclusive: Nissan shakes off virus woes in China sales with rebound in April – sources

Nissan Motor Co’s vehicle sales in China this month almost recovered to the prior year’s level after a coronavirus-related 45% plunge in March, two sources with […]
April 30, 2020

Exclusive: Thai Airways to seek $1.8 billion emergency loan to navigate virus impact – document

Thai Airways International PCL aims to seek a 58.1 billion baht ($1.80 billion) emergency loan to maintain liquidity and see it through a coronavirus-induced drop in […]
April 30, 2020

Malaysia Airlines working with Khazanah for financial support, parent co says

Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support needed due to the coronavirus crisis, it said on Thursday. Powered by […]
April 30, 2020

Exclusive: Finance, tech firms on hiring spree amid coronavirus turmoil – LinkedIn

The coronavirus is roiling global job markets, but the picture is not all gloomy. Finance, technology and consumer goods firms are hiring tens of thousands in […]
April 30, 2020

The devil’s in the detail for junk debt investors facing coronavirus defaults

Before the coronavirus, investors hungry for returns piled into risky corporate loans and bonds with precious little protection for creditors. Now they’re frantically scouring the terms […]
April 30, 2020

Virgin Australia administrators halt bondholder payments, appoint Morgan Stanley for sale

Virgin Australia Holdings Ltd’s administrators have halted payments to bondholders and appointed Morgan Stanley to help sell the airline within four months, said a participant in […]
April 30, 2020

Clash of tech titans: Zuckerberg praises coronavirus lockdowns; Musk sees ‘fascism’

Silicon Valley billionaires Elon Musk and Mark Zuckerberg offered dueling views on lockdown measures designed to slow the spread of the coronavirus on Wednesday, with Facebook’s […]
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