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Hershey Co pulled its 2020 forecast on Thursday and warned of weak sales in certain categories as households worried about their financial futures cut spending on snacks and chocolates.

Air France-KLM Chief Executive Ben Smith said on Thursday he had given up his 2020 bonus, after a Dutch minister urged executive pay restraint in return for the billions of euros in government aid sought by the airline group.

Oklahoma's energy regulator said on Wednesday that oil producers could close wells without losing their leases, the first victory for struggling U.S. companies seeking relief from states after the market crash.

The combined wealth of America's billionaires, including Amazon.com Inc founder Jeff Bezos and Tesla Inc chief Elon Musk, increased nearly 10% during the ongoing COVID-19 pandemic, according to a report published by the Institute for Policy Studies (IPS).

A stunning 26.5 million Americans have sought unemployment benefits over the last five weeks, confirming that all the jobs gained during the longest employment boom in U.S. history have been wiped out as the novel coronavirus savages the economy.

Target Corp said on Thursday rising costs from trying to meet the fast-changing needs of consumers during the coronavirus crisis were set to hurt its first-quarter profit and margins, even as it recorded robust online sales during March and April.

Martin Bouygues, the boss of family-run French conglomerate Bouygues , said on Thursday that he and his brother Olivier will cut their total compensation by 25% in 2020 in the context of the current COVID-19 pandemic.

The chair of the House Judiciary Committee's antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban on deals that are not directly related to companies about to fail.

Sales of new U.S. single-family homes dropped by the most in more than 6-1/2 years in March and further declines are likely as the novel coronavirus outbreak batters the economy and throws millions of Americans out of work.

Oil rose on Thursday, spurred by rising tensions in the Middle East, output cuts by producing nations to tackle oversupply and the promise of more government stimulus to ease the economic pain of the new coronavirus pandemic.

Ryanair must indicate the full price of the ticket when it displays offers on its website, the European Union's top court said on Thursday, although the low cost carrier said it was already doing so.

Wall Street pared gains slightly on Thursday as business activity plumbed new record lows in April with the novel coronavirus disrupting manufacturing and services industry production.

Global equity benchmarks edged higher Thursday as investors weighed an ongoing rebound in oil prices against stark economic data from Europe and the United States that further illustrated the worldwide toll from the coronavirus pandemic.

U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted waters.

U.S. stock markets climbed higher at the open on Thursday as jobless claims declined for a third straight week, raising hopes that the worst of the coronavirus pandemic's impact on the labor market might be over.

Jaguar Land Rover (JLR) will restart some production in Europe from May 18, including at one of its three British car plants and its factory in Slovakia, where the new Defender vehicle is being made.

Air France-KLM Chief Executive Ben Smith will give up his 2020 bonus, the airline group said on Thursday as it negotiates financial aid from the French and Dutch governments.

Eli Lilly and Co raised the top-end of its 2020 profit forecast on Thursday and beat quarterly estimates, benefiting from customers stocking up medicines such as diabetes drug Trulicity amid the coronavirus pandemic.

U.S. air fares are approaching a 40% decline and still falling while ticket pricing in Europe and Asia is bottoming out, according to data (https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fskytra.airbus.com%2Fpresses%2Fcovid-19-impact-on-global-air-travel-23-april&data=02%7C01%7Claurence.frost%40thomsonreuters.com%7C055642bce03940d42daa08d7e7506926%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C637232205851692896&sdata=4pmLAkgTrbI3eIrGBJs3MLzdd02jRr%2B1OGrap3AfKM

Hundreds of members of the U.S. House of Representatives will gather in Washington on Thursday to pass a $484 billion coronavirus relief bill, bringing the unprecedented total of funds approved for the crisis to nearly $3 trillion.