Liberty Global Plc and Telefonica SA have agreed to merge their British businesses in a US$38 billion deal including debt that will step up the challenge to market leader BT in mobile and broadband.
British aero-engine maker Rolls-Royce said on Thursday it placed over 4,000 staff on furlough in the UK as it combats the impact of the COVID-19 pandemic on its business.
Anheuser-Busch InBev , the world's largest beer maker, forecast a "materially worse" second quarter as coronavirus restrictions curb drinking across the globe, while noting some improvement in China.
Soft drinks bottler Coca Cola HBC AG on Thursday said sales in April fell by more than a third as fast-food chains, theatres and other public arenas stayed shut to limit the spread of the new coronavirus during stay-at-home orders.
Liberty Global has agreed to merge its Virgin Media cable company with the O2 mobile business owned by Spain's Telefonica to create a major new force in the British telecoms market.
British aero-engine maker Rolls-Royce said on Thursday it placed over 4,000 staff on furlough in the UK as it combats the impact of the COVID-19 pandemic on its business.
Liberty Global has agreed to merge its Virgin Media cable company with the O2 mobile business owned by Spain's Telefonica to create a major new force in the British telecoms market.
BRUSSELS: Anheuser-Busch InBev , the world's largest beer maker, reported a decline in profit in the first quarter as coronavirus restrictions curbed drinking and said the second quarter would be "materially worse". The brewer of Budweiser, Corona and Stella Artois has already withdrawn its ...
Air France-KLM is opening talks with its French unions on workforce cuts, Chief Executive Ben Smith told Reuters, as the airline group warned of mounting losses with no clear end in sight to the coronavirus crisis.
Samsung Group heir Jay Y. Lee's vow to end dynastic succession at South Korea's biggest conglomerate following three generations of Lee family control sparked skepticism on Thursday.
