Futures gain ahead of earnings reports, jobless claims
U.S. stock index futures edged higher on Thursday, with investors weighing the prospects of the economy re-opening against worsening macroeconomic data and dour first-quarter earnings reports.
No end in sight yet for Amazon shutdown in France
Amazon has no clarity yet on when its warehouses in France might reopen, the head of its French business said on Thursday, after the e-commerce giant clashed with unions over the measures taken to limit the risks of coronavirus contagion.
Bentley extends UK production shutdown by three weeks over coronavirus
Luxury carmaker Bentley is extending its plant shutdown by three weeks and will begin gradually reopening from May 11, as coronavirus lockdown measures remain in place in Britain.
EasyJet says it can ride out nine-month shutdown and slow recovery
EasyJet can survive a nine-month shutdown thanks to its measures to contend with the coronavirus crisis and is planning for a slow recovery, the British airline said on Thursday.
Ford’s first-quarter China vehicle sales down 35% as coronavirus hits demand
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.
German carmakers to resume production as lockdowns ease
German carmakers including Volkswagen and Mercedes-Benz will restart production at some German factories next week after the country eased restrictions designed to contain the coronavirus outbreak.
Oil prices recover from sharp losses caused by U.S. stockpile surge
Oil prices ticked up 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.
Etihad has full support of state owner, will resume flights in May: CEO
Abu Dhabi’s Etihad Airways has the full support of its state shareholder as it plans a partial resumption of passenger flights from May 1, its chief executive Tony Douglas said on Thursday.
Brent erases tentative gains, WTI ticks up after U.S. stockpile surge
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 dem…
Rebel Sherborne to withhold vote against Barclays boss in AGM
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.
