Author: Reuters

A surge in online sales for Target Corp in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer along with profit from higher costs, the retailer said on...

German sportswear firm Adidas plans a multi-billion euro bond so that it no longer needs the state-backed loan it agreed to take earlier this month to help it get through the coronavirus crisis, Manager Magazine reported on...

Hundreds of members of the U.S. House of Representatives will gather in Washington on Thursday to pass a $484 billion coronavirus relief bill, bringing the unprecedented total of funds approved for the crisis to nearly $3...

UniCredit has appointed Jana Hecker, formerly at Deutsche Bank, as its global head of equity capital markets (ECM), Italy’s biggest bank said on...

Fiat Chrysler (FCA) aims to restart van production at its Atessa joint venture plant in central Italy at 70% of the normal rate, a union representative told Reuters on...