Coronavirus

Pernod Ricard Sales Hit By Coronavirus, Share Buyback Halted

French spirits maker Pernod Ricard has announced plans to suspend a share buyback of up to €500 million ($541 million) and ke...

Hygiene Products Group Essity Eyes Negative Sales Impacts From Pandemic

Swedish hygiene products giant Essity said on Thursday hoarding in March and the fact that many people have been staying at home because of the coronavirus...

UK Inflation Falls As Shoppers Turn Cautious In Virus Crisis

Britain's inflation rate dropped in March when oil prices tumbled and the coronavirus crisis escalated, official data showed on Wednesday, with a fall in c...

Coca-Cola Sees Q2 Sales Hit From Coronavirus Lockdown

Coca-Cola Co on Tuesday forecast a significant hit to current-quarter results as restaurants, theaters and other venues that represent about half of the co...

Irish Consumer Sentiment Shows Sharpest Decline In 24 Years

According to the April reading of the KBC Bank Ireland Consumer Sentiment Index, Irish consumer sentiment showed the sharpest monthly decline in the s...

Soybeans Stay Weak On Coronavirus Demand Risks

Chicago soybeans edged lower on Tuesday as the risk of a drop in demand due to the coronavirus crisis hung over the market, underlined by the closure of se...

People Move Online For Wine As Coronavirus Shuts Pubs: Naked Wines

Britons and Americans stuck in coronavirus lockdowns may not be drinking in bars and pubs but they are ordering more wine for delivery, online seller Naked...

Starbucks Sees 47% Drop In Second-Quarter Earnings On Coronavirus Hit

Starbucks Corp on Wednesday forecast a 47% drop in second-quarter earnings, scrapped its full-year forecast and warned that the financial hit from the coro...