March 3, 2020

Emirates airline asks staff to take one month unpaid leave over coronavirus

Major international airline Emirates is asking staff to take unpaid leave for up to a month at a time due to the rapidly spreading coronavirus that […]
March 3, 2020

Chevron shows off war chest by pledging up to $80 billion in returns

Chevron Corp on Tuesday said it would keep its spending in check and return up to $80 billion to shareholders over the next five years, with […]
March 3, 2020

Wall Street dips as G7 statement underwhelms

U.S. stocks fell minutes after the open on Tuesday as G7 heads stopped short of outlining measures to cushion the economic blow of the coronavirus epidemic, […]
March 3, 2020

Ryanair, IAG bosses see travel demand returning for summer

The bosses of Ryanair and British Airways-owner IAG expect the drop-off in travel demand to stabilize in the coming weeks, before bookings return for the summer, […]
March 3, 2020

Hudson’s Bay Chairman Baker to take over as CEO: source

Saks Fifth Avenue owner Hudson’s Bay Co Executive Chairman Richard Baker will take over as chief executive officer, a source familiar with the matter told Reuters […]
March 3, 2020

Peugeot maker says UK factory plans dependent on Brexit talks

Peugeot maker PSA does not expect to make a call before the end of 2020 on whether to keep its British factory at Ellesmere Port running, […]
March 3, 2020

BMW says coronavirus hit China sales but sticks to 2020 global target

BMW on Tuesday said its China sales have taken a hit this year because of the new coronavirus, but stuck to its target for growing passenger […]
March 3, 2020

OPEC ministers gather in Vienna as coronavirus hits demand

OPEC ministers are beginning to arrive to Vienna on Tuesday as the group debates whether to further reduce oil production to tackle deteriorating demand from the […]
March 3, 2020

Kuwait oil minister says optimistic on outcome of OPEC meetings

Kuwait’s oil minister said on Tuesday he is optimistic about the outcome of OPEC meetings this week and continued cooperation among OPEC+ countries, Kuwait state news […]
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