Activist fund Cevian Capital has cut its stale in Swedish telecom equipment maker Ericsson to 7.4%, saying that holding of Cevian's portfolio became too large.
Adidas reported on Monday its profit tumbled 93% in the Q1, while sales plunged 19%, missing analysts' forecasts, as well as warned of significant hit to the company's revenue, sending the German sportswear maker's shares down 1.2%.
On Monday, Asia's shares bounced after the Bank of Japan had announced more stimulus actions, seeking to ease the economic impact from the coronavirus crisis.
The world's top carmaker Volkswagen announced on Monday it had resumed operations at its largest factory located in the German city of Wolfsburg, following weeks of shutdown due to the coronavirus outbreak.
On Monday, Starbucks stated it had entered strategic partnership with the investment company Sequoia Capital China, as both firms seek making strategic co-investments in the Chinese technology sector.
According to the National Association for Business Economics survey, most of the US businesses would be able to stay solvent for half a year without state aid.
The Bank of Japan (BoJ) increased on Monday monetary stimulus to support government spending and help corporate funding.
The German automaker Daimler AG saw a significant increase in demand in China. The company's senior manager said on Sunday.
Giuseppe Conte, the Italian Prime Minister, announced on Sunday that some businesses in Italy would reopen on May 4.
Volkswagen and other European car makers decided to resume car production starting from Monday amid the ease of quarantine measures in some European countries.
Reuters revealed on Sunday that US insurance industry is bound to pay out up to $22 billion USD in business disruptions claims.
On Sunday, Israel's Corsight AI revealed that it has raised $5 million for the development of facial recognition software.
It was revealed on Sunday by Reuters that the Prime Minister of France would reveal a lockdown ending plan on Tuesday.
On Sunday, the Italian Prime Minister Giuseppe Conte stated to a newspaper that business in Italy would reopen on May 4.
Bloomberg News revealed on Sunday that Tesla has called some of its workers in California back to work.
On Sunday, Daimler Benz revealed that its car sales in China have increased in April, compared to March.
On Sunday, Reuters revealed that Petroleos Mexicanos is requesting its staff to take a 25% pay cut.
It was revealed on Sunday by Yomiuri that the Mitsubishi UFJ Financial Group would cut its staff by a total of eight thousand by 2023.
On Sunday, the Israeli defence firm Elbit Systems revealed that it had received a $103 million electronic warfare contract from an unnamed Asian country.
The US Treasury announced on Saturday that it would provide additional $9.5 in aid to US airlines.
On Saturday, Boeing announced that the Brazilian airplane maker Embraer has not met the requirements for Boeing to buy a stake of its business.
On Saturday, it was revealed that Deutsche Bank has refused to give US Senators information about deals made by Donald Trump.
The President of the United States announced on Friday that he could cut aid for US Postal Service due to no raising prices for Amazon.com.
On Saturday, the central bank of Philippines announced that the country's economy is set to shrink for the first time in twenty years.