Coronavirus

UK Retailers Fear Biggest Fall In Sales Since 2009

British retailers fear sales will slump next month at a rate not seen since the depths of the last financial crisis, as the coronavirus hits demand for alm...

Unilever To Shield Workers From Financial Impact Of Coronavirus

Consumer goods giant Unilever Plc said on Tuesday it would protect its workforce from the financial impact of the coronavirus by continuing to pay contract...

Aldi Announces 10% Bonus For Staff On Hours Worked During Virus Crisis

Aldi has announced enhanced pay for its store and distribution colleagues, who will each receive a 10% bonus on hours worked, effective from 9 March 2...

Tesco Calls For Customers To Free Up Home Delivery Slots For Elderly

Tesco Ireland's chief operations officer, Geoff Byrne said that there is a huge demand for its home shopping service, and has called on customers...

Drinks Group Pernod Sees 20% Hit To Operating Profit Due To Coronavirus

French spirits group Pernod Ricard warned on Tuesday of a hit of around 20% to its current operating profit as a result of the slump in business caused by...

EU Competition Chiefs Allow Suppliers To Coordinate To Combat Coronavirus

EU antitrust regulators gave the green light on Monday for suppliers to coordinate distribution of scarce products to cope with the coronavirus outbreak wi...

M&S Warns Clothing, Homewares Depts Face 'Severe Impact' From Coronavirus

British retailer Marks & Spencer warned on Friday trading over the next 9-12 months in its clothing, homewares and international businesses was lik...

Shipping Firm Maersk Sees Q1 Up On Last Year, But Suspends 2020 Outlook

Cost-cutting and price rises will help Maersk deliver higher first-quarter earnings than a year ago, the shipping giant said on Friday, though it scrapped...