May 5, 2020

Oil spurt lifts stocks out of three-day losing streak

Stock markets snapped a three-day losing streak on Tuesday and oil was on its longest run of gains in nine months as moves to ease major […]
May 5, 2020

France’s Lagardere sees off activist Amber in shareholder showdown

French publishing and media group Lagardere on Tuesday fended off Amber Capital’s most daring attempt yet to shake up governance at the company, after shareholders rejected […]
May 5, 2020

Thomson Reuters cuts sales outlook, narrowly misses earnings

Thomson Reuters reported higher quarterly sales and operating profit that fell slightly short of Wall Street estimates on Tuesday, while cutting its full-year sales outlook due […]
May 5, 2020

Judge questions VW’s defence in landmark case over diesel damages

A German federal court judge cast doubt on Volkswagen’s reasoning after the carmaker urged the court to dismiss a claim for damages brought by an owner […]
May 5, 2020

Carbon emissions cuts do not mean Repsol will exit oil sector: CEO

A target to reduce carbon emissions to net zero by 2050 does not mean Spanish oil and gas firm Repsol will stop producing oil though it […]
May 5, 2020

Tesla stock rise appears to qualify CEO Musk for $700 million payday

Tesla Chief Executive Elon Musk appeared to qualify on Monday for a $700 million payday, just three days after he said the electric car company’s stock […]
May 5, 2020

Fiat Chrysler turns to 1.7 billion euro loss in first quarter on virus crisis

Fiat Chrysler said on Tuesday it turned to a net loss in the first quarter as a consequence of the crisis triggered by the spread of […]
May 5, 2020

Wizz Air plans for easing of restrictions with holiday flights from June

Low cost airline Wizz Air said it is planning for the easing of travel restrictions by starting new routes from Britain’s London Luton airport to holiday […]
May 5, 2020

Thomson Reuters cuts sales outlook as narrowly misses earnings

Thomson Reuters reported higher quarterly sales and operating profit that fell slightly short of Wall Street estimates on Tuesday, while cutting its full-year sales outlook due […]
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