Claims made by Ryanair about its carbon emissions have been banned by the UK’s advertising watchdog.…
Category: News
Macy’s to close 125 stores, cut 2,000 corporate jobs, in hunt for growth
Stuck in a sales slump, Macy’s is shrinking to grow. Read more at https://www.cnbc.com/2020/02/04/macys-to-close-125-stores-sees-480-million-in-restructuring-costs-to-2000-corporate-jobs.html
Is NorthSea Therapeutics Getting Close to an IPO?
IPO activity has been very slow on the Dutch Euronext stock market. There were 4 IPOs…
Copper prices dive more than 12% this year, as China manufacturers shut down over virus concerns
Prices of copper, a barometer for the health of the global economy, have dived more than 12%…
BP full-year net profit falls 21% on weak oil and gas prices
Energy giant BP reported better-than-expected full-year net profit on Tuesday, outperforming analyst expectations despite lower oil and gas…
Julius Baer to cut 300 jobs after 2019 profit drop
Julius Baer will cut 300 jobs this year, its chief executive said on Monday, as the Swiss…
AirAsia shares plunge after Airbus bribery allegations
Shares of Malaysia’s AirAsia Group and unit AirAsia X fell on Monday, after allegations by Britain’s Serious Fraud Office that Airbus paid…
GM resurrecting Hummer as an all-electric ‘super truck’ with 1,000 horsepower
DETROIT – General Motors is resurrecting the Hummer, best known as a gas-guzzling, military-style SUV, as an all-electric…
Nintendo shares drop more than 4% after its earnings missed profit estimates
Shares of Nintendo plummeted on Friday afternoon a day after the company reported operating profit for the October-December…
Coinbase wants to make it easier for global institutional clients to store their crypto
Cryptocurrency exchange operator Coinbase has opened new custody operations in Dublin to help its non-U.S. institutional…
UPS is taking on Amazon with its own fleet of electric vans
UPS has placed an order for 10,000 electric vehicles from U.K.-based start-up Arrival, with the logistics giant’s…
Coronavirus: Starbucks closes 2,000 Chinese branches
Starbucks has closed half of its outlets in China to protect its staff and support government…