Clothing giant Primark has gone from making £650m in sales per month to nothing as the coronavirus has forced it to close across Europe and the US. Primark’s owner “has been squarely in the path of this pandemic,” chief executive George Weston told …
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This morning’s headlines… Ministers face anger over PPE shortages for NHS staff. Parliament returns on Tuesday amid mounting criticism of the Government over its failure to ensure NHS staff treating coronavirus patients have the protective equipment they …
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Equity markets in the Gulf retreated on Tuesday after oil prices plunged below zero for the first time in history amid rapidly filling American storage tanks. Abu Dhabi’s main gauge took the lead, falling as much as 3.1%. The DFM General Index in Dubai, among …
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Sharp announced last month that it would begin making face masks at its TV factory in Japan, and this morning they became available to order — at least, that was the plan. Demand for the masks has overwhelmed Sharp’s servers to the point that not only is it …
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The coronavirus pandemic has caused a series of mind-bending distortions across world financial markets, but Monday featured the most bizarre one yet: The benchmark price for crude oil in the United States fell to negative $37.63. That means that if you …
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