PARIS (Reuters) – French spirits maker Pernod Ricard (PERP.PA) said on Thursday it was suspending a share buyback of up to 500 million euros ($541 million) and keeping a tight grip on costs in response to the coronavirus epidemic that cut third-quarter …
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THE HAGUE, Netherlands — Increased sales of cleaning and hygiene products helped compensate falling demand for foods like ice cream amid the coronavirus crisis as consumer products giant Unilever recorded first-quarter sales unchanged from the …
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The United States Oil Fund USO recently turned 14, and for much of those 14 years on the market, the oil exchange traded product has been known as one of the largest and most heavily traded commodity ETPs. Down almost 40% over just the past week, …
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In recent weeks, on a quiet stretch of Detroit’s west side dotted with vacant homes, a 262,000-square-foot Coca-Cola manufacturing facility has buzzed with activity, even as many businesses in Michigan were ordered by the state to temporarily close to combat …
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LONDON (Reuters) – Oil rose on Thursday, spurred by rising tensions in the Middle East, output cuts by producing nations to tackle oversupply and the promise of more government stimulus to ease the economic pain of the new coronavirus pandemic.
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