May 5, 2020

Ryanair passengers down by 99.6% in April, Wizz Air down by 97.6%

Europe’s biggest budget airline Ryanair posted a 99.6% fall in passenger numbers in April, while smaller low cost carrier Wizz Air said numbers plunged 97.6%, as […]
May 5, 2020

EssilorLuxottica sales slump on coronavirus hit, worst yet to come

Oakley and Ray-Ban maker EssilorLuxottica reported a slump in first-quarter sales on Tuesday and warned of an even bigger hit in the current quarter as the […]
May 5, 2020

Hugo Boss expects virus hit to worsen before recovery

German fashion house Hugo Boss said it expected the impact of the coronavirus pandemic to be worse in the second quarter after it reported that sales […]
May 5, 2020

EssilorLuxottica first-quarter sales slump on coronavirus hit, worst yet to come

Oakley and Ray-Ban maker EssilorLuxottica reported a slump in first-quarter sales on Tuesday and warned of an even bigger hit in the current quarter as the […]
May 5, 2020

BNP Paribas profit falls 33% on expected loan losses, equity trading hit

Profit at BNP Paribas fell by 33.1% in the first-quarter as the coronavirus crisis hit equity trading and prompted the eurozone’s biggest bank to set aside […]
May 5, 2020

United Airlines to cut 30% of management in October, preparing pilot changes too: company memos

United Airlines Holdings Inc plans to cut at least 3,400 management and administrative positions in October as the coronavirus pandemic crushes air travel demand, and has […]
May 5, 2020

Qantas secures more funding to wait out coronavirus crisis; shares rise

Qantas Airways Ltd said on Tuesday it had secured enough funding to last it through the end of next year, boosting its shares, as it reviews […]
May 5, 2020

WeWork co-founder Neumann sues SoftBank over failed tender offer

WeWork co-founder Adam Neumann filed a lawsuit against Japan’s SoftBank Group Corp and its Vision Fund on Monday for terminating a $3 billion tender offer to […]
May 4, 2020

Wall Street snaps two-day slump on lift from tech titans

U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns about the latest U.S.-China tensions and […]
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