Europe
Bank of England Says Banks Able to Support Coronavir...
Britain’s banks hold enough capital to keep on lending to the country’s companies and also to absorb billions in losses likely to arise due to the COVID-19 pandemic, the Bank of England said.
Compa...
August 6, 2020
9:06 am By Neha Mule
Bayer Tumbles to €9.5 Billion Quarterly Net Loss A...
German drugs and pesticides group Bayer slumped to a 9.5 billion euro ($11.2 billion) net loss in the second quarter, mainly reflecting charges to settle disputes inherited with its $63 billion takeover of Mon...
August 4, 2020
10:16 am By Neha Mule
Diageo Full-year Organic Sales Fall More Than Expect...
Diageo Plc, a spirits maker, reported a bigger-than-expected decline in underlying net sales on Tuesday as demand for its whiskeys, vodka and gin fell in all markets except North America.
The Johnnie Wa...
August 4, 2020
9:42 am By Neha Mule
Nestle Sees Slower Growth This Year as Stockpiling E...
Nestle cut its full-year underlying sales growth forecast to 2-3% on Thursday, saying demand had slowed as customers worked their way through cupboards they stocked up with food at the start of coronavirus rel...
July 30, 2020
7:14 am By Neha Mule
New French Europe Minister – Brexit Deal Possible ...
France will continue to take a tough line on defending the rights of French fishermen in Brexit talks but a deal with the United Kingdom is still possible, France’s new European affairs minister Clement Beau...
July 29, 2020
9:32 am By Neha Mule
Jaguar Land Rover Names Ousted Renault Boss Bollore ...
Jaguar Land Rover (JLR) on Tuesday appointed former Renault boss Thierry Bollore as chief executive as the loss-making carmaker looks to rebound from the coronavirus pandemic.
Bollore, who took a step u...
July 28, 2020
10:24 am By Neha Mule
Orange and Google Cloud Forms Strategic Partnership
Orange and Google Cloud today announced a strategic partnership to accelerate the transformation of Orange’s IT infrastructure and the development of future cloud services, in particular edge computing.
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July 28, 2020
9:48 am By Neha Mule