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This European company isn’t sugarcoating its coronavirus problem

Pernod Ricard cuts annual profit target on impact of coronavirus outbreak......»»

Category: topSource: marketwatchFeb 14th, 2020

The Ratings Game: Oracle stock drops as analysts debate whether new product sales were hurt by coronavirus or competitors

Oracle Corp. shares fall Wednesday as analysts debate whether the software company’s struggles to advance its next-generation products was a result of the COVID-19 pandemic or part of a larger problem of being outmaneuvered by competitors......»»

Category: topSource: marketwatchJun 17th, 2020

Travel firm TUI to make big cost cuts to ride out pandemic hit

European travel company TUI on Wednesday said it needs to reduce its fixed cost base by 30% and cut thousands of jobs as it looks to stay aloft in a market weakened by the coronavirus pandemic......»»

Category: topSource: reutersMay 13th, 2020

Wendy"s defied the odds and successfully launched breakfast during the coronavirus pandemic, creating a massive new problem for fast-food rivals like McDonald"s and Taco Bell

Irene Jiang / Business Insider Wendy's breakfast sales now make up 8% of the company's business, despite the chain launching its breakfast menu in early March &mdas.....»»

Category: topSource: businessinsiderMay 6th, 2020

Airbus in talks with French state over possible aid: CEO

European planemaker Airbus is in talks with the French state regarding possible aid for the company, one of many in the transport sector to have been hit hard by the coronavirus crisis, said Airbus Chief Executive Guillaume Faury on Thursday......»»

Category: topSource: reutersApr 30th, 2020

Airbus warns staff on jobs with its "survival at stake"

European planemaker Airbus issued a bleak assessment of the impact of the coronavirus crisis, telling the company's 135,000 employees to brace for potentially deeper job cuts and warning its survival is at stake without immediate action......»»

Category: topSource: reutersApr 26th, 2020

French carmaker PSA closes European factories due to virus spread

French carmaker PSA said on Monday the company will close its European factories until March 27 due to the coronavirus outbreak spread......»»

Category: topSource: reutersMar 16th, 2020

The Coronavirus Diagnostics Trade Gets a New Stock Favorite

It is not a new scenario where an illness or problem starts to become a big deal in the public and there is a small-cap company that “has a solution for that” which happen to be known by........»»

Category: blogSource: 247wallstMar 10th, 2020

Hand sanitizer for $350? Why Amazon can"t stop coronavirus price gougers

Packs of Purell hand sanitizer are as high as $350 on Amazon, and the company is struggling to deal with the problem......»»

Category: topSource: moneycentralMar 6th, 2020

Hand sanitizer for $350? Why Amazon can"t stop coronavirus price gougers

Packs of Purell hand sanitizer are as high as $350 on Amazon, and the company is struggling to deal with the problem......»»

Category: topSource: moneycentralMar 6th, 2020

New York attorney general accuses egg producer Hillandale Farms of price gouging

The New York Attorney General’s office filed a lawsuit against egg producer Hillandale Farms, accusing the company of engaging in price gouging during the coronavirus pandemic......»»

Category: topSource: foxnews13 hr. 14 min. ago

French Riviera restaurants and clubs are shutting down one by one as maskless partiers and lax rules cause a coronavirus outbreak

VALERY HACHE/Getty Images Saint-Tropez has seen an outbreak in coronavirus cases thanks to loose pandemic rules and lax European travelers, The Wa.....»»

Category: dealsSource: nyt16 hr. 59 min. ago

Gogo is mulling a sale of its commercial in-flight internet business after taking a massive hit during the coronavirus (GOGO)

Joey Hadden/Business Insider In-flight internet provider Gogo is considering selling its commercial aviation business.  The company's CEO, Oakleigh Thorne, said Monday during a .....»»

Category: topSource: businessinsider18 hr. 44 min. ago

Nio loss shrinks as electric SUVs make coronavirus comeback

Nio's second-quarter loss narrowed as the company delivered a record 10,331 vehicles.....»»

Category: topSource: foxnews21 hr. 44 min. ago

Canada Goose loss deepens as coronavirus shutters stores

The company bolstered its direct-to-consumer strategy, increasing investment in e-commerce, and will concentrate its store openings in mainland China, where business appears to be recovering at a faster pace from COVID-19......»»

Category: topSource: foxnews21 hr. 44 min. ago

Philadelphia food delivery startup focused on Black-owned restaurants expands to Atlanta

Philadelphia native David Cabello launched his company as a way to help solve the representation problem......»»

Category: topSource: bizjournalsAug 11th, 2020

Europe Markets: European stocks and Dow futures rally on hopes over U.S. stimulus and virus trends

European stocks rallied on Tuesday, taking heart from signs of a slowing spread of the coronavirus pandemic and the possibility that a new round of U.S. stimulus will get enacted......»»

Category: topSource: marketwatchAug 11th, 2020

Europe Markets: Stocks in Europe rally on hopes over U.S. stimulus, virus trends

European stocks rallied on Tuesday, taking heart from signs of slowing spread of the coronavirus and the possibility that a new round of U.S. stimulus will get enacted......»»

Category: topSource: marketwatchAug 11th, 2020

China wields coronavirus to nationalize American-owned carmaker

Government officials in Rugao, China, used the coronavirus pandemic to conduct a takeover of an American-owned car company.....»»

Category: topSource: foxnewsAug 8th, 2020

Airbus Orders In 2020 Cut In Half By COVID-19

European aircraft manufacturer Airbus (OTCMKTS: EADSY) received four orders in July compared to 33 last year as airlines downsize and rein in capital expenses to survive the travel fallout from the coronavirus pandemic. read more.....»»

Category: blogSource: benzingaAug 7th, 2020

News Corp posts wider loss as coronavirus pummels advertising revenue

Results were heavily affected by the pandemic as well as by a decline in revenue related to the sale of the company's supermarket-coupon business, News Corp said......»»

Category: topSource: foxnewsAug 6th, 2020