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Ryanair to recommend face masks on board, ban toilet queues

Reuters Business News - Tue, 05/12/2020 - 01:32
Ryanair is to recommend that all passengers wear face masks on board when it reopens 40% of its route network on July 1 and customers will be required to ask crew to use the toilet, Europe's largest low-cost carrier announced on Tuesday.
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Honda posts 13% drop in annual operating profit

Reuters Business News - Tue, 05/12/2020 - 01:16
Honda Motor Co on Tuesday posted an 13% decline in annual operating profit as the coronavirus pandemic started to take its toll on global car demand.
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Thyssenkrupp second-quarter loss widens as coronavirus impact starts to show

Reuters Business News - Tue, 05/12/2020 - 00:11
Thyssenkrupp on Tuesday said its second-quarter net loss more than quintupled as the coronavirus pandemic hit all business lines at the struggling steel-to-submarines conglomerate.
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Stocks falter as anxiety grows over second coronavirus wave

Reuters Business News - Tue, 05/12/2020 - 00:08
Asian shares tumbled on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.
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Toyota expects annual operating profit to drop 80% as virus saps car sales

Reuters Business News - Mon, 05/11/2020 - 23:49
Toyota Motor Corp said on Tuesday it expects to post its lowest annual operating profit in nine years as the automaker grapples with the impact of the novel coronavirus, which has sapped global demand for cars.
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Tencent Music misses quarterly revenue estimates, signals better second quarter

Reuters Business News - Mon, 05/11/2020 - 23:45
China's Tencent Music Entertainment narrowly missed market estimates for quarterly revenue on Monday as the COVID-19 crisis hurt the company's social entertainment services business, sending its shares down 4.5% in extended trade overnight.
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Toyota expects annual profit to hit nine-year low as coronavirus saps car sales

Reuters Business News - Mon, 05/11/2020 - 23:25
Toyota Motor Corp said on Tuesday it expected to post its lowest annual operating profit in 9 years as the Japanese automaker grapples with the impact of the coronavirus, which has sapped global demand for cars.
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Asian stocks stumble on fears of second coronavirus wave, oil up

Reuters Business News - Mon, 05/11/2020 - 22:22
Asian shares skidded on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.
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Tim Hortons China says Tencent has invested, did not disclose amount

Reuters Business News - Mon, 05/11/2020 - 22:13
Tim Hortons China said Tuesday it received an investment from Chinese tech giant Tencent, as the Canadian coffee brewer seeks to expand in the Chinese market.
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Logitech sales rise nearly 14% as work from home boosts demand

Reuters Business News - Mon, 05/11/2020 - 22:09
Logitech International reported a 13.6% rise in fourth-quarter sales on Tuesday as more people used its products while working from home due to the coronavirus crisis.
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Hyatt to restructure and lay off 1,300 employees

Reuters Business News - Mon, 05/11/2020 - 21:27
Hyatt Hotels Corp said late Monday it would restructure roles and lay off employees across its operations worldwide, which would impact about 1,300 staff, amid a virtual halt in global travel to curb the spread of the coronavirus pandemic.
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Potbelly settlement with activists includes twist: stock, not cash, for outlays

Reuters Business News - Mon, 05/11/2020 - 21:17
Sandwich maker Potbelly Corp on Monday promised to reimburse activist shareholders' expenses with stock not cash, creating a situation that lawyers call an outlier for now but which they said could find traction in tough economic times.
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WeWork directors seek to preserve right to sue owner SoftBank

Reuters Business News - Mon, 05/11/2020 - 20:05
A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues legal action against majority owner SoftBank Group Corp over an abandoned $3 billion tender offer for the office space-sharing start-up.
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Boeing CEO sees passenger levels under 25% in September, pain for airlines: NBC interview

Reuters Business News - Mon, 05/11/2020 - 19:59
Boeing Co Chief Executive Dave Calhoun does not expect passenger traffic to reach even a quarter of its levels in September, creating the need for airlines to make "adjustments" as they weather the impact of the coronavirus pandemic.
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Asian stocks set to fall on growing second virus wave fears

Reuters Business News - Mon, 05/11/2020 - 18:59
Asian equities and oil prices were set to slip on Tuesday amid growing investor worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.
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Bitcoin goes through third 'halving', falls vs U.S. dollar

Reuters Business News - Mon, 05/11/2020 - 18:39
Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the outlook remained upbeat as the increase in supply slows down.
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United to notify flyers about full flights after social media backlash

Reuters Business News - Mon, 05/11/2020 - 17:46
United Airlines Holdings Inc said on Monday that starting next week it will notify passengers ahead of time if their flight is expected to be "closer to full capacity," allowing them to re-book on a different flight or receive a travel credit.
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Shut casinos hit Caesars as COVID-19 puts gambling industry in survival mode

Reuters Business News - Mon, 05/11/2020 - 17:30
Caesars Entertainment Corp missed quarterly revenue estimates on Monday as it shuttered its casinos amid nationwide lockdowns to contain the spread of the COVID-19 pandemic.
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S&P 500 closes barely higher as investors balance pandemic with recovery

Reuters Business News - Mon, 05/11/2020 - 17:28
The S&P 500 closed barely higher, eking out a nominal gain on Monday as investors weighed new spikes in coronavirus infections with expectations that an economy crippled by mandated shutdowns will soon be re-opened for business.
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Bitcoin undergoes third 'halving', falls vs U.S. dollar

Reuters Business News - Mon, 05/11/2020 - 16:44
Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the outlook remained upbeat as the increase in supply slows down.
Categories: Reuters
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