Ford Motor Co said on Thursday that its China vehicle sales in the first three months this year fell 34.9% from a year earlier to 88,770 units, as the novel coronavirus epidemic hit demand in the world's biggest auto market.
Abbott Laboratories beat quarterly profit estimates on Thursday as stay-at-home orders prompted customers to stockpile its nutrition products but the company suspended its full-year forecast due to the coronavirus-led uncertainty.
The chief executive of easyJet said when flying restarts after the coronavirus crisis recedes planes are likely to operate with the middle seat empty due to social distancing regulations.
"We could have seen the bottom," BlackRock co-founder and chief Larry Fink told CNBC on Thursday.
As job losses mount, you can take a few steps now to ease the blow of a potential layoff or furlough.
Amid the coronavirus pandemic, weddings and graduations are postponed, while conferences, concerts, sporting events and vacations are all canceled, leaving many people with out-of-pocket costs.
Oil prices rose on Thursday after sharp losses in the previous session, with investors hoping that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand.
Man GLG, the discretionary investment arm of asset manager Man Group , has hired Andrew Swan from rival BlackRock to lead its Asia ex-Japan equities business, it said on Thursday.
Millions more Americans likely sought unemployment benefits last week, lifting total filings for claims over the past month above an astounding 20 million, which would underscore the deepening economic slump caused by the novel coronavirus outbreak.
Oil prices were broadly stable on Thursday after sharp losses in the previous session, with investors hoping that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand.
Sherborne Investors said on Thursday it would withhold its vote against Barclays Chief Executive Jes Staley in the lender's upcoming general meeting, to prevent fresh boardroom turmoil as the bank grapples with the COVID 19 fallout.
British airline EasyJet can survive a lengthy grounding of its fleet during the coronavirus pandemic thanks to measures taken to shore up its finances, the low-cost carrier said on Thursday.
A flight to safety bid pushed the dollar higher against its peers on Thursday after dire retail and factory data showed the severity of the collapse in U.S. economic activity caused by the novel coronavirus outbreak.
Lazard Ltd has bolstered its senior restructuring team as it seeks to win business from companies struggling to stay afloat in the midst of the economic turbulence caused by the global coronavirus pandemic.
Oil edged higher on Thursday following sharp losses in the previous session on hopes that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand.