Business

Euro zone business activity returned to modest growth in July as some curbs imposed to stop the spread of the coronavirus were lifted, but the rebound in the bloc's dominant service industry was not as sharp as expected, a survey showed.

Ahold Delhaize NV, a major operator of supermarket chains in the United States and Europe, reported betterthanexpected sales and underlying operating income for the second quarter of 2020, as coronavirus lockdowns drove more traffic through its stores and...

Ahold Delhaize NV, a major operator of supermarket chains in the United States and Europe, on Wednesday reported betterthanexpected sales and underlying operating income for the second quarter of 2020, as coronavirus lockdowns pushed extra traffic through...

The U.S. government will quickly investigate the circumstances surrounding Eastman Kodak Co's announcement of a $765 million (585.31 million pounds) government loan to make drugs at its U.S. factories, President Donald Trump said on Tuesday.

Grocery shelves won't be fully stocked with Clorox's disinfecting wipes until next year, CEO Benno Dorer told Reuters, as the world's biggest cleaning products maker struggles with overwhelming pandemicled demand for its top product.

A handful of corporate agitators pushing for change at companies scored doubledigit returns in the first half of 2020, but panic selling and bargain hunting left the average activist investor nursing big losses.

On a summer's evening, the streets of central London echoed to what has become a rare sound during the coronavirus pandemic: the chatter and laughter of diners seated at terrace tables.

Ralph Lauren Corp said on Tuesday its quarterly revenue plunged by nearly $1 billion, as it struggled with coronavirusled store closures and a slowdown in demand for luxury goods across the world.

Typically a boon for emerging markets, this year's plunge in the U.S. dollar may fail to boost the developing world's prospects as the raging pandemic hits economic activity, increases poverty and exposes weak policymaking.

German chipmaker Infineon reported forecastbeating thirdquarter revenue on Tuesday, sending its shares higher as CEO Reinhard Ploss said that the worst of the auto industry slump had passed.

British roadside recovery group AA has received three cash takeover offers from private equity groups, it said on Tuesday, but is also considering selling fresh equity as it tries to slash its debt pile.

Asian shares advanced on Tuesday thanks to strong U.S. manufacturing data and upbeat tech stocks, though broader worries about the coronavirus and global economy saw some markets trim early gains.

BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion loss in the second quarter as the coronavirus crisis hammered energy demand.

Diageo Plc, the world's largest spirits maker, reported a biggerthanexpected decline in underlying net sales on Tuesday as demand for its whiskies, vodka and gin fell in all markets except North America.

Malaysia has approved Australian rare earths miner Lynas Corp's application to build a permanent disposal facility for waste treatment, a minister said on Tuesday.

Insurer American International Group Inc on Monday posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe losses and lower privateequity returns.