Ryanair must be clear about full ticket price: EU court
Ryanair must indicate the full price of the ticket when it displays offers on its website, the European Union’s top court said on Thursday, although the low cost carrier said it was already doing so.
Global equities edge higher on oil rebound, stimulus hopes
Global equity benchmarks edged higher Thursday as investors weighed an ongoing rebound in oil prices against stark economic data from Europe and the United States that further illustrated the worldwide toll from the coronavirus pandemic.
U.S. business activity hits fresh record lows amid coronavirus lockdowns
U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted waters.
Empty kitchens, closed stores: Small China firms struggle to cope with epidemic fallout
Ma Xinli has shut four of his clothing stores and expects to close another three by mid-June. Unsold winter stock is now hard to sell, there’s no money to buy summer clothing, and rent and staff salaries still need paying.
Jaguar Land Rover to restart some European output from mid-May
Jaguar Land Rover (JLR) will restart some production in Europe from May 18, including at one of its three British car plants and its factory in Slovakia, where the new Defender vehicle is being made.
Air France-KLM says CEO Ben Smith to give up 2020 bonus
Air France-KLM Chief Executive Ben Smith will give up his 2020 bonus, the airline group said on Thursday as it negotiates financial aid from the French and Dutch governments.
Wall Street set for higher open as weekly jobless claims fall
Wall Street headed for a higher open on Thursday as jobless claims declined for the third straight week, raising hopes that the worst of the coronavirus pandemic’s impact on the labor market might be over.
Eli Lilly lifts 2020 forecast as coronavirus lockdowns fuel profit beat
Eli Lilly and Co raised the top-end of its 2020 profit forecast on Thursday and beat quarterly estimates, benefiting from customers stocking up medicines such as diabetes drug Trulicity amid the coronavirus pandemic.
Jaguar Land Rover plans to restart some European production from mid-May
Jaguar Land Rover plans to restart some European production from May 18, beginning with one of its three British car factories, a central English engine site in Wolverhampton and its plant in Slovakia.
U.S. air fares extend decline as Europe and Asia bottom out: Skytra
U.S. air fares are approaching a 40% decline and still falling while ticket pricing in Europe and Asia is bottoming out, according to data (https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fskytra.airbus.com%2Fpresses%2Fcovid-19-impact-on-global-air-travel-23-april&data=02%7C01%7Claurence.frost%40thomsonreuters.com%7C055642bce03940d42daa08d7e7506926%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C637232205851692896&sdata=4pmLAkgTrbI3eIrGBJs3MLzdd02jRr%2B1OGrap3AfKM
