Adidas sees sales returning to growth

Source: Dukascopy Bank SA
Adidas, the German sportswear giant, is expecting its China sales returning to growth in the Q4, forecasting a similar sales decline level overall as the firm had reported in the Q3.
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Tue, 10 Nov 2020 08:47:25 GMT

J.C. Penney gets rescue deal approval

A US judge approved a rescue deal for J.C. Penney Co, saving the firm from potential bankruptcy caused by the coronavirus crisis; the deal that is expected to save approximately 60K jobs.

Tue, 10 Nov 2020 07:30:13 GMT

Norwegian Air fears of running out of cash

Norwegian Air warned of running out of cash at the beginning of 2021 unless the carrier secures fresh funding, as the company had been hit hard due to pandemic.

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