On Thursday, Salesforce.com trimmed its annual revenue outlook due to the negative impact of the coronavirus pandemic, sending its shares down 3%.
American Airlines Group, Delta Air Lines and United Airlines Holdings rolled out new programmes, encouraging their employees to accept early retirement or voluntary leave to avoid staff layoffs this fall, as the carriers were hit by the coronavirus crisis.
General Electric warned that free cash flow is likely to be negative in 2020, due to the weakness in power and aviation units amid the coronavirus outbreak.
EV maker Nio's CEO stated that it may list new Nio China entity, as the company saw a rebound after weaker sales during the coronavirus outbreak.
China's Geely Automobile Holdings launched an up to $859M placement of 600M new shares, Reuters reported.
The number of people in France seeking for jobs jumped 22.6% in April to a record high, as coronavirus lockdown affected the economy.
France's carmaker Renault said that losses at its partner Nissan, in which it has a 43% stake, are likely to drag on its net earnings by €3.6B in the Q1.
Spanish retail sales declined 31.6% year-on-year in April, following 14.2% fall in March, the INE reported.
UK's easyJet is planning to slash up to 4,5K job positions, while also shrink its fleet, seeking to remain competitive after the coronavirus crisis.
On Thursday, Dollar Tree Inc posted a 7% jump in its Q1 same-store sales, as the company benefited from higher demand for groceries and other products amid the coronavirus crisis.
Alphabet Inc's Google is considering to buy a stake in Vodafone Group's struggling Indian business, Vodafone Idea, according to the Financial Times report seen on Thursday.
On Thursday, Tencent Holdings, China's gaming and social media giant, announced it had raised $6B in a US dollar bond sale, the biggest Asian debt deal in 2020.
Amazon.com Inc is planning to offer permanent roles to around 70% of its US employees the company has hired temporarily in order to meet consumer demand amid the coronavirus pandemic.
On Thursday, Nissan Motor has revealed its plans to become smaller and more cost-efficient car maker, as the company tries to recover from four-year-long plunging profits that resulted in Nissan's first annual loss in more than a decade.
Boeing is slashing over 12K US job positions, including 6,770 involuntary lay-offs due to major restructuring at the biggest American planemaker triggered by the coronavirus pandemic.
Micron Technology has raised its Q3 revenue outlook on Wednesday to the range of $5.2B to $5.4B from the initial $4.6B to $5.B, sending its shares up about 3%.
American Airlines Group is set to cut its support and management staff by nearly 30% and considers to slash frontline employees due to downsizing caused by the coronavirus outbreak.
IWG Plc is set to to raise about £315M through issues of new shares, the UK office space provider stated, aiming to benefit from demand for flexible workspace in the future.
Capricorn Investment Group took a stake of 13.06% in Osmosis Investment Management, the UK-based sustainable investing firm, for an undisclosed sum.
FedEx, the US logistics company, is set to stake in Germany's parcel delivery company Hermes, the Handelsblatt reported.
Chevron is expected to cut 10% to 15% of its workforce within ongoing restructuring at the US oil producer.
The French President Emmanuel Macron announced a €8B bailout package to help the domestic auto sector recover amid the coronavirus outbreak.
The total assets of banks operating in Vietnam declined 0.72% to $542.6B in the first quarter of 2020, compared to the last quarter of 2019, official data show.
The Chinese online platform Bilibili reported a 69% revenue increase to $326.4M in the first three months of 2020, compared to the same period a year earlier, data published by the company show.