Honda deploys its minivans to transport virus patients
Honda Motor Co said it has remodeled 50 of its minivans to transport COVID-19 patients to hospitals and quarantine facilities in Japan, sealing off the rear section of the vehicles to keep drivers safe from infection.
Crisis shows companies need social licence to operate, Federated Hermes says
Federated Hermes has written an open letter to company executives and chairpersons setting out how COVID 19 has changed its engagement priorities and how the pandemic should change global businesses for the better.
Exclusive: Ukraine ready to ban wheat exports if necessary – official
Ukraine, one of world’s top grain exporters, is ready to ban wheat exports if sales exceed limits agreed with traders, the deputy economy minister in charge of agriculture told Reuters on Wednesday.
Brazil airline Azul hires adviser to restructure debt: report
Brazilian airline Azul SA has hired restructuring firm Galeazzi & Associados to renegotiate its financial and suppliers’ debt, Brazilian newspaper O Estado de S. Paulo reported on Wednesday.
Temperature checks, protective suits: Argentine grains sector braces for 1st coronavirus case
Argentina is braced for the first case of coronavirus to be confirmed among the thousands of port workers and grains handlers involved in the country’s key agricultural export sector, local industry officials said.
U.S. companies walk legal tightrope as earnings season kicks off
U.S. companies are grappling with how best to provide guidance on their earnings outlook as the novel coronavirus takes uncertainty to new heights and exposes them to potential shareholder lawsuits if forecasts prove misplaced.
Bank of America profit nearly halves as loan loss provisions soar
Bank of America Corp recorded a 48.5% fall in quarterly profit as the bank set aside $3.6 billion for potential loan losses tied to the coronavirus pandemic.
Apple-Google alliance welcomed by European coronavirus app platform
An Apple collaboration with Google will make it quicker to get systems for tracing coronavirus infections up and running, the prime mover behind a European effort to support the smartphone technology says.
Oil slide dents futures ahead of bank earnings
U.S. stock index futures retreated on Wednesday for a second time this week, as a slide in oil prices pressured energy stocks ahead of what is expected to be another dismal round of first-quarter earnings reports.
UnitedHealth beats quarterly profit on strength across businesses
UnitedHealth Group Inc , the largest U.S. health insurer, on Wednesday beat quarterly profit expectations, boosted by strength across its businesses, and maintained its 2020 outlook while it continues to assess the impact of COVID-19.
