Low cost airline Wizz Air said it is planning for the easing of travel restrictions by starting new routes from Britain’s London Luton airport to holiday destinations in Portugal from 16 June and to Greece from July.
Thomson Reuters reported higher quarterly sales and operating profit that fell slightly short of Wall Street estimates on Tuesday, while cutting its full-year sales outlook due to disruption to the global economy from the coronavirus pandemic.
As U.S. lockdowns and fears of the coronavirus pandemic stretch into a third month, who wants to take an Uber ride?
Lufthansa is not planning to buy rivals weakened by the coronavirus crisis, Chief Executive Carsten Spohr told shareholders at the company’s virtual annual general meeting on Tuesday.
A German federal court judge cast doubt on Volkswagen’s reasoning after the carmaker urged the court to dismiss a claim for damages from a diesel customer.
U.S. stock index futures rose on Tuesday, building on gains in the previous session, as oil prices jumped and a slew of countries eased coronavirus-led restrictions in an attempt to revive their economies.
Thomson Reuters Corp on Tuesday reported higher quarterly sales and operating profit but cut is full-year sales outlook, citing unprecedented disruption in the global economy.
Warren Buffett said the FDIC is an under-appreciated part of the U.S. economy, arguing it could have softened the Great Depression if it was created earlier. …read more […]
We should ‘try to create a society that under normal conditions with more than $60,000 of GDP per capita, that anybody that worked 40 hours a week can have a decent life without a second job,’ says Buffett. …read more […]
Top news and what to watch in the markets on Tuesday, May 5, 2020. …read more […]
Nivea-maker Beiersdorf said on Tuesday its La Prairie premium skincare brand and sun care products have been hit by the drop in international travel due to the coronavirus pandemic while sales of hand wash, hand creams and plasters jumped.
Stock markets snapped a three-day losing streak on Tuesday and oil was on its longest run of gains in nine months as moves to ease major economies out of their coronavirus lockdowns lifted sentiment.
Microsoft will invest $1 billion in Poland as part of a plan that will involve opening a data centre in the country to provide cloud services to businesses and government institutions, the company said in a statement on Tuesday.
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