Nordstrom quarterly sales drop 40%

Source: Dukascopy Bank SA
Nordstrom, the luxury department store chain, posted a nearly 40% drop in its quarterly sales, tumbled by its stores closure amid the coronavirus outbreak.
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Fri, 29 May 2020 08:26:34 GMT

Renault plans French plants restructuring

On Friday, Renault announced it had entered talks with unions about restructuring several car factories located in France, potentially leading to shutdowns, as the carmaker confirmed plans to slash about 15K jobs worldwide.

Fri, 29 May 2020 06:14:31 GMT

ViacomCBS cuts 400 jobs

ViacomCBS is slashing up to 400 roles across CBS, seeking to save $700M from the company's merger with CBS, according to Reuters.

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