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Updated: 4 years 30 weeks ago
Toyota plans limited operations in France, Poland from April 22
Toyota Motor Corp on Monday said it plans to restart limited production at vehicle plants in France and Poland from April 22 after closing them due to the coronavirus pandemic.
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Norwegian Air shares plummet as survival depends on rescue plan
The shares of Norwegian Air plummeted on Tuesday, and have now eroded almost their entire value from a 2015 peak, as the airline's survival depends on creditors accepting a rescue plan proposed last week.
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British clothing retailer Next reopens online business
British clothing retailer Next will reopen its online business having implemented additional safety measures to cope with the coronavirus emergency, it said on Tuesday.
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Next's reopened website closed to new orders by 0730 GMT
British clothing retailer Next has closed its re-opened website to orders until Wednesday after reaching a self-imposed daily order limit.
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J.C. Penney to hire advisors as it mulls options for debt: Bloomberg News
J.C. Penney Co Inc has approached consulting firm AlixPartners LLP as the U.S. retailer looks at options for managing its debt, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.
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Pandemic shows investment fund vulnerabilities, G20 watchdog says
Non-bank financial firms such as investment funds have exhibited vulnerabilities during the coronavirus crisis that may need fixing to help economies recover, a global regulatory watchdog said on Tuesday.
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Renault withdraws from Dongfeng venture, its main China business, as sales slump
Renault SA said on Tuesday it is pulling out of a loss-making business with Dongfeng Motor Group due to poor sales, becoming only the second global automaker to exit a major venture in China in recent years.
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Brewer AB InBev halves final dividend and pushes back AGM
Anheuser-Busch InBev , the world's largest brewer, proposes to halve its final dividend and has postponed its annual shareholder meeting owing to uncertainty around the COVID-19 pandemic.
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Norwegian Air shares drop 60% after proposed debt-for-equity swap
The share price of Norwegian Air fell by 60% on Tuesday, the first day of trading following the company's proposal of a financial rescue package on April 8.
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Oil rises on forecast U.S. output drop as coronavirus ravages demand
Oil prices rose around 1% on Tuesday after the U.S. Energy Information Administration (EIA) predicted shale output in the world's biggest crude producer would fall by a record amount in April, adding to cuts from other major producers.
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Asia shares hit one-month high on Chinese trade data, easing pandemic worries
Asian equities extended gains on Tuesday after China's trade data came in better than expected and as some nations tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak.
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Car parts group Valeo drops 2020 targets, gets 1 billion euros of new credit lines
French car parts group Valeo abandoned its 2020 financial targets on Tuesday because of the hit to its business from the coronavirus outbreak, although it got 1 billion euros ($1.1 billion) in extra credit lines to shore up its finances.
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British clothing retailer Next to reopen online business
British clothing retailer Next said on Tuesday it would reopen its online business having implemented "very extensive" additional safety measures to cope with the coronavirus emergency.
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Administrators of NMC Health revamp company's board
The administrators of troubled hospital operator NMC Health have announced a new board for the London-listed company that brings in four new non-executive directors with international restructuring experience.
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Renault sells its stake in Chinese joint venture to partner Dongfeng Motor
French carmaker Renault said on Tuesday it was selling out of its stake in a Chinese joint venture with Dongfeng Motor Corporation to Dongfeng, which Renault said would help it maximise synergies with Japanese partner Nissan .
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Julius Baer to postpone AGM, propose split dividend
Swiss wealth manager Julius Baer will propose splitting its 2019 dividend payment into two halves following a regulatory request, it said on Tuesday, postponing by a month its annual general meeting in order to meet notification requirements.
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Apple shipped 2.5 million iPhones in China in March following virus slump: government data
Apple Inc shipped roughly 2.5 million iPhones in China in March, a slight rebound after one of its worst months in the country ever, according to government data published on Friday.
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Oil rises amid hopes for quick decline in U.S. shale output
Oil prices rose more than 1% on Tuesday after the main U.S. energy forecasting agency predicted shale output in the world's biggest crude producer would fall by the most on record in April, adding to cuts from other major producers.
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Asia shares jump on Chinese trade data, pandemic still a worry
Asian stocks extended gains on Tuesday after China's trade data came in better than expected and as some countries tried to restart their economy by partly lifting restrictions aimed at curbing the coronavirus outbreak.
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Trump says plan to re-open shuttered U.S. economy to be completed soon
President Donald Trump said on Monday that his administration was close to completing a plan to re-open the U.S. economy, which has been largely shut down to slow the spread of the novel coronavirus.
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