February 27, 2020

WPP shares slump to lowest since 2012 as sales slide

WPP shares plunged to their lowest level in nearly eight years on Thursday after a sharp slowdown in fourth-quarter trading derailed the latest recovery attempt at […]
February 27, 2020

Zalando to tap designer labels, vintage to boost sales

Zalando plans to offer more premium and luxury ranges and move into the vintage clothing market as the online fashion retailer predicted slower sales growth in […]
February 27, 2020

U.S. airlines, hotels extend rebooking options as coronavirus spreads

(This February 25 story corrects to say that Marriott has issued cancellation waiver until March 15 in paragraph 13) Powered by WPeMatico
February 27, 2020

Blackstone’s Schwarzman says cannot buy Bloomberg while owning Refinitiv

Blackstone Group Inc Chief Executive Stephen Schwarzman said the world’s biggest private equity firm cannot buy Bloomberg should it come up for sale as long as […]
February 27, 2020

Banks must step up climate risk disclosures, Lagarde says

Banks must improve transparency on their exposure to climate- change risk and central banks need to pay closer attention as the entire financial sector is at […]
February 27, 2020

Oil prices fall for fifth day to lowest in a year

Oil prices fell 2% on Thursday, plunging for fifth day to their lowest since January 2019 as a rise in new coronavirus cases outside China fuelled […]
February 27, 2020

China’s top container ports unclog backlog as virus curbs ease

China’s top container ports are loosening the backlog of cargoes on their docks as workers return to their posts after coronavirus travel curbs that kept them […]
February 27, 2020

WPP shares slide again after fourth-quarter slowdown

WPP , the world’s biggest advertising company, reported a sharp slowdown in its final quarter of the year on Thursday and said it did not expect […]
February 27, 2020

Thai tycoons in fray as Tesco sets bid deadline for $9 billion Asia business: sources

British retailer Tesco has asked bidders to submit binding offers for its Asian business by Friday, in a deal that will see Thai billionaires fight for […]
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