PepsiCo Inc reported a rise in first-quarter revenue, but ditched its full-year forecast on Tuesday, citing uncertainty around the globe due to the novel coronavirus pandemic.
Europe's biggest copper smelter Aurubis is set to win EU antitrust approval for its planned 380-million-euro (US$412 million) acquisition of Belgian-Spanish metal recycling group Metallo, people familiar with the matter said on Tuesday.
Norwegian Air , the budget carrier that is fighting for its survival, has made some amendments to the terms of its debt-to-equity conversion plan in response to demands from bondholders, it said on Tuesday.
Tesla Inc Chief Executive Elon Musk is on the cusp of a roughly US$750 million payday as the electric carmaker's stock recovers from a slump caused by the coronavirus, which led the company to close its factories and furlough workers.
Japanese automakers saw a 34per cent fall in global vehicle sales in March when the coronavirus outbreak began to spread globally, and face a further tumble in the coming months.
Amazon.com Inc may have violated safety measures and labor practices amid the coronavirus pandemic as it fired a warehouse protest leader last month, New York Attorney General Letitia James's office wrote in a letter to the company last week.
Rovio Entertainment, maker of the 10-year-old "Angry Birds" mobile game series, on Tuesday reported an almost 75per cent rise in first-quarter profit, helped by lower costs.
BP's first quarter profits tumbled by two-thirds as the coronavirus crisis hammered oil demand and the energy major's debt rose sharply as it warned of exceptional uncertainty ahead.
Diageo , the world's largest spirits maker, launched a US$2.5 billion bond offering on Tuesday, weeks after suspending its share buyback programme in response to the coronavirus crisis.
AMSTERDAM: Dutch telecom provider VodafoneZiggo will make 5G services available in large parts of the Netherlands on Tuesday, making it the first carrier to offer the technology in the country. VodafoneZiggo, a joint venture of Vodafone and U.S. based cable firm Liberty Global, said it would ...
