April 7, 2020

Cineworld closes all its cinemas due to coronavirus pandemic

British cinema operator Cineworld said on Tuesday it has shut all its 787 cinemas across 10 countries due to the coronavirus pandemic and that it was […]
April 7, 2020

Asian shares cautiously gain on hopes virus is slowing, dollar slips

Asian stock markets rallied for a second day on Tuesday and riskier currencies rose, on tentative signs the coronavirus crisis may be levelling off in New […]
April 7, 2020

As coronavirus hits tourism, Wizz Air finds new role

Hungarian low-cost airline Wizz Air is repatriating citizens and transporting medical equipment for east European governments, in a move coupling one-off charter traffic with savvy government […]
April 7, 2020

France’s ADP loses 3 million euros a day in sales due to coronavirus – CEO

French airports operator ADP is losing more than 3 million euros ($3.25 million) in sales a day due to the coronavirus crisis, Chief Executive Augustin de […]
April 7, 2020

Asian companies pose lower dividend risk due to stronger finances

Asian firms appear better equipped to pay stable dividends compared with their western counterparts that are constrained by highly levered balance-sheets and a need to preserve […]
April 7, 2020

Employees worried about Valero response to virus cases at Texas refinery: sources

Employees at Valero Energy Corp’s Port Arthur, Texas, refinery expressed worries about the company’s slow response to keep the coronavirus from spreading there after two workers […]
April 7, 2020

Oil rises 3% on hopes for output cut as coronavirus ravages demand

Oil prices gained on Tuesday as hopes rose that the world’s biggest producers of crude will agree to cut output as the coronavirus pandemic crushes demand, […]
April 7, 2020

France’s Thales withdraws final dividend, suspends outlook

France’s Thales on Tuesday became the latest major company to slash its dividend, suspend profit guidance and top up liquidity in response to the coronavirus crisis. […]
April 7, 2020

China’s Ucar, in which Luckin chairman is top shareholder, halts shares

China’s Ucar Inc, in which Luckin Coffee Chairman Charles Zhengyao Lu is the biggest shareholder, suspended trading of its shares on Tuesday after regulators questioned the […]
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