April 14, 2020

JPMorgan profit plunges as banks brace for coronavirus hit

JPMorgan Chase & Co’s profit plunged by more than two-thirds in the first quarter as the largest U.S. bank put aside nearly $7 billion in reserves […]
April 14, 2020

Oil slips as producer cuts fail to banish demand fears

Oil prices edged lower on Tuesday, with investors apparently unconvinced that record supply cuts could soon balance markets pummeled by the coronavirus pandemic, though a predicted […]
April 14, 2020

British clothing retailer Next reopens online business

British clothing retailer Next will reopen its online business having implemented additional safety measures to cope with the coronavirus emergency, it said on Tuesday. Powered by […]
April 14, 2020

Next’s reopened website closed to new orders by 0730 GMT

British clothing retailer Next has closed its re-opened website to orders until Wednesday after reaching a self-imposed daily order limit. Powered by WPeMatico
April 14, 2020

J.C. Penney to hire advisors as it mulls options for debt: Bloomberg News

J.C. Penney Co Inc has approached consulting firm AlixPartners LLP as the U.S. retailer looks at options for managing its debt, Bloomberg News reported on Tuesday, […]
April 14, 2020

Stocks rise on China trade data, easing pandemic fears

World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions […]
April 14, 2020

Amazon fires two employees critical of warehouse working conditions

Amazon.com Inc said on Tuesday it terminated two employees, who criticized the working conditions at the e-commerce giant’s warehouses in the wake of the coronavirus pandemic, […]
April 14, 2020

Norwegian Air shares plummet 60% after proposed rescue plan

The shares of Norwegian Air plunged by more than 60% on Tuesday as they resumed trade after the airline proposed a financial rescue package on April […]
April 14, 2020

Apple shipped 2.5 million iPhones in China in March following virus slump: government data

Apple Inc shipped roughly 2.5 million iPhones in China in March, a slight rebound after one of its worst months in the country ever, according to […]
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