April 22, 2020

Kimberly-Clark’s tissue sales surge 13%, suspends annual forecast

Kimberly-Clark Corp on Wednesday suspended its forecast for the year and said sales of tissue rose 13% in the first quarter as consumers stocked up in […]
April 22, 2020

Safe as houses? Trading from home tests bank defences during crisis

Trading worth billions of dollars has shifted to kitchen tables or bedrooms as traders work through the coronavirus crisis from home, testing patchy fixes to make […]
April 22, 2020

Tyre industry pushes back against evidence of plastic pollution

A growing body of scientific research linking tyre wear to microplastic pollution, as well as increasing scrutiny from lawmakers in the European Union (EU), has led […]
April 22, 2020

Ted Baker names easyJet executive John Barton as chairman

Troubled fashion retailer Ted Baker on Wednesday named easyJet Chairman John Barton as its non-executive chairman, less than a month after appointing Rachel Osborne to the […]
April 22, 2020

No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away

As Detroit’s automakers shut production in March due to the coronavirus pandemic, South Korea’s Hyundai Motor cranked up its factories back home to ship cars to […]
April 22, 2020

$500 billion coronavirus aid package passes U.S. Senate, headed to House

The U.S. Senate on Tuesday unanimously approved $484 billion in fresh relief for the U.S. economy and hospitals hammered by the coronavirus pandemic, sending the measure […]
April 22, 2020

United Airlines sells $1 billion of stock in fresh move to weather pandemic

United Airlines Holdings Inc on Tuesday announced a public offering to raise more than $1 billion, the first major airline to sell equity to help it […]
April 22, 2020

Lululemon apologizes after staffer offends with ‘bat fried rice’ T-shirt

Canadian exercise apparel brand Lululemon issued statements on Tuesday apologizing for, and distancing itself from, a T-shirt design promoted by one of its art directors that […]
April 22, 2020

Virgin Australia administrator to hold first creditors’ meeting on April 30

Virgin Australia Holdings Ltd’s administrators will hold the first meeting of creditors on April 30 and have retained Houlihan Lokey to advise them on recapitalizing the […]
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