Coronavirus

Australia's Treasury Wine Issues Profit Warning As Virus Hits Demand

Treasury Wine Estates Ltd flagged a plunge in core earnings for fiscal 2020 and withheld guidance for the year to June 2021, as coronavirus-related curbs o...

Uber To Buy Postmates In $2.65bn Stock Deal

Uber Technologies Inc said on Monday it would buy Postmates Inc in a $2.65 billion (€2.34 billion) deal, looking to expand its reach into the food-del...

German Consumer Sentiment Rises In July But Far From Pre-Corona Level: HDE

Consumer sentiment in Germany continued to rise in July, as in the past two months, but is still far behind pre-pandemic levels, according to the latest HD...

2 Sisters Food Group Reopens Poultry Processing Facility In Wales

2 Sisters Food Group has announced that it has resumed operations in its poultry processing factory in Llangefni in Wales. The company suspended operati...

Central American Coffee Farmers Face Big Challenge As Market Shrinks: ICO Chief

The International Coffee Organisation (ICO) has acknowledged Central American farmers' "immense challenges" as coronavirus batters the...

Private Label Sees Growth In Italy During Lockdown

One of the few positive effects of the COVID-19 lockdown period in Italy was a double-digit growth in sales of private label products, a study has found....

GSK, Philip Morris Venture Tie-Up For Potential COVID-19 Shot

GSK, the world's largest vaccine maker, on Tuesday announced the latest partnership for its vaccine booster technology to develop and test a potential COVI...

Russia Honours Courier Workers With A Monument

A first-of-its-kind monument honouring the contribution of courier workers in the fight against the coronavirus pandemic has been erected in Moscow. It...