April 8, 2020

EasyJet founder seeks to oust directors over Airbus plane order

EasyJet’s founder Stelios Haji-Ioannou demanded on Wednesday a shareholder vote to remove two directors, as part of his battle to try to force the British airline […]
April 8, 2020

Equities climb on hopes pandemic is peaking

World equity markets edged higher and oil prices stabilized on Wednesday on hopes the coronavirus pandemic is peaking and that more government stimulus measures could be […]
April 8, 2020

McDonald’s pulls 2020 outlook as quarterly comparable sales fall 3.4%

McDonald’s Corp posted a steeper-than-expected decline in quarterly comparable store sales and the company pulled its full-year forecast as coronavirus-led lockdowns forced it to shutter stores […]
April 8, 2020

GM to supply 30,000 ventilators in $500 million U.S. contract

The United States on Wednesday awarded automaker General Motors Co a contract worth $489.4 million to make ventilators needed to treat severely sick coronavirus patients. Powered […]
April 8, 2020

Tesco defends dividend payout as warns coronavirus costs could top $1 billion

Tesco has defended its decision to pay investors a 635 million pound ($782 million) dividend while accepting business tax relief from the British government aimed at […]
April 8, 2020

Zoom sued for overstating, not disclosing privacy, security flaws

Zoom Video Communications Inc was slapped with a class action suit by one of its shareholders on Tuesday, accusing the video-conferencing app of overstating its privacy […]
April 8, 2020

German foreign ministry restricts use of Zoom over security concerns: report

The German foreign ministry has restricted use of the video conferencing service Zoom , saying in an internal memo to employees that security and data protection […]
April 8, 2020

EasyJet founder continues battle over $5.5 billion Airbus order

EasyJet founder Stelios Haji-Ioannou continued his battle to force the British airline to cancel an order for 107 Airbus planes, making a new demand on Wednesday […]
April 8, 2020

Oil holds near $32 ahead of OPEC-led talks on output cuts

Oil steadied near $32 a barrel on Wednesday, supported by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts […]
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