April 8, 2020

Figure of $6.5 billion in loans for Air France KLM ‘not unrealistic’: minister

A figure of 6 billion euros ($6.5 billion) in loans to help Air France KLM amid the coronavirus crisis is “not unrealistic”, French junior transport minister […]
April 8, 2020

French carmaker PSA sets up fund for staff and new health check measures

French carmaker and Peugeot owner PSA announced on Wednesday the creation of a solidarity fund to help staff affected by the closures of plants due to […]
April 8, 2020

Oil rises as markets eye OPEC, Russia meeting on output cuts

Oil rebounded on Wednesday after a two-day fall, lifted by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts […]
April 8, 2020

Britain’s Tesco says coronavirus costs could reach $1.1 billion

Britain’s biggest retailer Tesco expects to take a hit of up to 925 million pounds ($1.1 billion) from the costs of dealing with the coronavirus pandemic […]
April 8, 2020

UK fashion retailer ASOS raises 247 million pounds in placing

British online fashion retailer ASOS Plc said it had raised 247 million pounds ($304 million) via a placing, to help it shore up its finances in […]
April 8, 2020

Jack Dorsey pledges $1 billion of his Square stake for COVID-19 relief efforts

Twitter Inc Chief Executive Officer Jack Dorsey on Tuesday pledged $1 billion of his stake in Square Inc , the payments processor that he co-founded and […]
April 8, 2020

Dollar firms as virus worries return

The dollar found a footing on Wednesday as investors returned to safe-havens, reversing some risk currency gains made on hopes the coronavirus crisis in Europe and […]
April 8, 2020

Asian shares turn mixed, oil rebounds in choppy trade

Asian stocks were mixed on Wednesday after two sessions of sharp gains as investors tempered their optimism about the coronavirus while death tolls were still mounting […]
April 8, 2020

Amazon to suspend delivery service competing with UPS, FedEx

Amazon.com Inc will suspend a delivery service that aims to compete with UPS and FedEx in the United States. Powered by WPeMatico
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