Investors are being warned about piling money into the travel and leisure sectors after their recent…
Category: News
Lufthansa makes ‘permanent’ cuts as travel plunges
Lufthansa is closing its Germanwings budget airline as part of a wider cutback driven by a…
Asian companies pose lower dividend risk due to stronger finances
(Reuters) – Asian firms appear better equipped to pay stable dividends compared with their western counterparts…
Major multinationals are postponing ad campaigns and slashing marketing budgets, new report finds
The world’s largest advertisers are deferring planned ad campaigns and cutting budgets due to the coronavirus…
Op-Ed: The luxury sector is bracing for the worst sales numbers in its history
It’s hard to erase the memory of red-and-white sale signs in the world’s most prestigious stores…
Samsung says first-quarter profit likely $5.2 billion, beating expectations slightly
South Korean tech giant Samsung said Tuesday its operating profit for the three months that ended in…
Don’t bail out airlines, say climate campaigners
More than 250 trades unions and environment groups have signed an open letter opposing plans for…
Why is the petrol price nearing £1 a litre?
The cost of petrol in the UK is approaching £1 a litre for the first time…
Tech lobby groups urge EU chief to save start-ups from collapse
European tech industry groups are stepping up their lobbying efforts to ensure the EU supports start-ups…
China’s Luckin Coffee slumps on ‘fake’ data news
Shares in Luckin Coffee have slumped after the company said one of its top executives and…
Oil prices rise on hopes of a price war truce
Global oil prices have risen after Donald Trump said he expected Saudi Arabia and Russia to…
BA expected to suspend 36,000 staff
British Airways is expected to announce it will suspend around 36,000 staff. Read more at https://www.bbc.com/news/business-52130021