Tag: Updated

(Reuters) – Credit card issuer American Express Co <AXP.N> posted a 76% drop in quarterly profit on Friday, as it set aside $1.7 billion to brace itself against potential non-payments … Read More

By Kate Kelland LONDON (Reuters) – Doctors and health experts urged people not to drink or inject disinfectant on Friday after U.S. President Donald Trump suggested scientists should investigate inserting … Read More

(Reuters) – Verizon Communications Inc <VZ.N> withdrew its full-year revenue outlook on Friday as it lost 68,000 phone subscribers who pay a monthly bill in the first quarter amid lockdowns … Read More

By Lawrence White LONDON (Reuters) – HSBC will press ahead with plans to shift capital from underperforming businesses, cut costs and strip out layers of management, despite problems caused by … Read More

By Siddharth Cavale (Reuters) – Swiss food giant Nestle <NESN.S> reported its best quarterly sales growth in nearly five years on Friday as consumers stockpiled everything from Purina pet food … Read More

By Saikat Chatterjee LONDON (Reuters) – Four days of U.S. dollar gains ended on Friday, although broader concerns about the euro’s outlook kept dollar bears at bay. The dollar is … Read More

By Tom Arnold LONDON (Reuters) – Global shares fell on Friday, hit by delays to an agreement on divisive details of the European Union’s stimulus package and doubts about progress … Read More

By Howard Schneider and Timothy Aeppel (Reuters) – As the coronavirus crisis gripped the U.S. economy and Congress approved hundreds of billions of dollars in emergency small business loans, Utah … Read More

By Aleksandra Michalska (Reuters) – It starts as it has around the world with people leaning out of windows and standing on balconies clapping, cheering and banging pots and pans … Read More

By Ahmad Ghaddar LONDON (Reuters) – Oil prices were broadly steady on Friday but headed for their third weekly loss as production shutdowns failed to keep pace with sliding demand … Read More

By Dan Whitcomb LOS ANGELES (Reuters) – Californians locked down for weeks during the coronavirus pandemic have trickled back to local beaches as the weather warms, prompting Governor Gavin Newsom … Read More

By James Davey LONDON (Reuters) – Luxury brand Burberry <BRBY.L> will pay all its staff globally even if they are unable to work due to coronavirus crisis store or site … Read More