U.S. manufacturing activity plunged to an 11-year low in April as the novel coronavirus wreaked havoc on supply chains, supporting analysts’ views the economy was sinking...
Oil rose further above $26 a barrel on Friday as OPEC and its allies embarked on record output cuts to tackle a supply glut due to...
The U.S. manufacturing sector’s contraction accelerated in April, with activity sinking to an 11-year low as strict measures to slow the spread of the novel coronavirus...
PepsiCo Inc beat first quarter revenue estimates, but ditched its full-year forecast on Tuesday, citing uncertainty around the globe due to the novel coronavirus pandemic. The company...
Novartis saw first-quarter sales climb as hospitals and patients stocked up on drugs to avoid being left short during the coronavirus crisis, lifting profits for the Swiss...
German airline Lufthansa has no intention of selling its Belgian unit Brussels Airlines, the head of Lufthansa Carsten Spohr assured Belgian Prime Minister Sophie Wilmès in a...
The Spanish government is considering granting soft loans to flagship airline Iberia, a unit of London-listed International Consolidated Airlines Group, newspaper El Pais reported on Tuesday....
German economic institute Ifo said on Tuesday it expects the economy to contract by 6.6% this year due to the coronavirus and that national output will...
The coronavirus pandemic is inflicting huge damage to the global economy and may weaken the country’s banking sector, Bank of Japan Governor Haruhiko Kuroda warned on...
British grocery sales grew 5.5% year-on-year in the four weeks to April 19 as consumers adapted to life under coronavirus lockdown, making fewer trips to stores...
