Markets Archives • Page 9286 of 11102 • Financial News

Markets

DBS launches P-Card to digitalise logistic processes

DBS on Thursday launched a cashless purchasing card to allow logistics firms to settle payments and collections at container depots digitally.

Markets

China exports see surprise 3.5% jump in April amid COVID-19 outbreak, imports fall

China's exports saw a shock 3.5 percent rise in April despite a hit to external demand from the coronavirus pandemic, official figures showed Thursday.

Markets

Liberty and Telefonica in US$38 billion UK tie-up to take on BT

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.

Markets

Rolls-Royce eyes job cuts this month as aerospace market shrinks

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.

Markets

AB InBev sees worse ahead, with some light in China

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.

Markets

Bottler Coca Cola HBC’s April sales lose fizz as lockdowns weigh

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.

Markets

Liberty Global, Telefonica agree US$38 billion merger of UK businesses

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.

Markets

Rolls-Royce furloughs over 4,000 staff in UK amid pandemic

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.

Markets

Spain’s Telefonica to merge British unit O2 with Virgin Media

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.

Markets

AB InBev sees ‘materially worse’ second quarter after first-quarter profit drop

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 ...

Markets

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