May 11, 2020

Fritz Gerber, who steered Roche from infamy to biotech success, dies at 91

Fritz Gerber, the long-time head of Roche Holding who helped transform the Swiss company from an image-tarnished vitamins, drugs and chemicals conglomerate into a biotechnology and […]
May 11, 2020

British Airways owner says burning cash, quarantine plan will make it worse

British Airways owner IAG has exhausted every avenue to shore up its finances and is burning through cash, its CEO said on Monday, as the aviation […]
May 11, 2020

Marriott quarterly profit misses lowered estimates as bookings plunge

Marriott International Inc fell short of already drastically lowered expectations for quarterly profit on Monday, as bookings plunged due to coronavirus-led travel restrictions. Powered by WPeMatico
May 11, 2020

Under Armour’s quarterly revenue slumps on lockdowns hit

Athletic apparel maker Under Armour Inc on Monday reported a 23% fall in quarterly revenue, as retailers across the world remained shut due to the COVID-19 […]
May 11, 2020

Over 80% of U.S. small businesses expect longer impact of pandemic: survey

Eighty-one percent of small U.S. companies surveyed by Veem, a global payments network, expect the new coronavirus pandemic to affect their business over the next 12-16 […]
May 11, 2020

Starbucks to reopen UK drive-thru locations this week

Starbucks Corp said on Monday it would begin a phased reopening of all its drive-thru locations and some takeaway-only stores in the United Kingdom as the […]
May 11, 2020

Futures slip on fears of new wave of coronavirus cases

U.S. stock index futures dipped on Monday following a strong week of gains for Wall Street, as investors turned cautious about a second wave of coronavirus […]
May 11, 2020

Stocks stumble on fears of second wave of coronavirus cases

Stock markets gave up their early gains on Monday after reports of a pick-up in new coronavirus cases that threatens to slow or reverse the loosening […]
May 11, 2020

Oil falls on fears of coronavirus second wave

Oil prices fell on Monday as a new wave of coronavirus infections in some countries and concern over a persistent glut cancelled out support from supply […]
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