May 14, 2020

Dolce & Gabbana will lose out from virus crisis, founders tell paper

Italian fashion group Dolce & Gabbana will lose out “a lot” this year, after the coronavirus emergency, founders Domenico Dolce and Stefano Gabbana said on Thursday. […]
May 14, 2020

Temperature checks, masks the new normal for air travel, says Dubai airport CEO

Temperature screening and face masks will become common sights at airports to mitigate the spread of the new coronavirus but physical distancing could make flying more […]
May 14, 2020

Stocks drop as virus recovery begins to look distant

Stock markets fell and bonds were in demand on Thursday as worries grew about a second wave of coronavirus infections and a dour assessment from the […]
May 14, 2020

Merck KGaA says profit could slip in 2020

German healthcare and chemicals company Merck KGaA flagged that a slight decline in operating earnings was on the cards this year as the coronavirus pandemic could […]
May 14, 2020

Storms clouds gather over U.S. stocks as hopes of quick recovery fade

A lightning-quick rally in U.S. equities is showing cracks, as investors face mounting evidence that the economy’s coronavirus-fueled woes may be far longer-lasting than many had […]
May 14, 2020

Fed’s credit operation launched, but job already done

The Federal Reserve’s pledged support for exchange-traded funds may not end up costing the central bank much, but will still have the desired effect of keeping […]
May 14, 2020

U.S. weekly jobless benefits to stay elevated as coronavirus layoffs widen

The global novel coronavirus crisis continues to batter the U.S. labor market, with millions more Americans, including white collar workers, expected to have filed for unemployment […]
May 14, 2020

All eyes on Detroit as automakers ready slow, careful reopening of plants

The U.S. factories that make Fords, Chevys and Jeeps are coming back to life this week as workers install new safety equipment and wake up machines […]
May 13, 2020

Asian stocks set to slide on U.S. Fed fears, interest rate stance

Asian equities were set to slump on Thursday after the head of the Federal Reserve warned of a “significantly worse” U.S. recession than any downturn since […]
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