Liberty Global expects no major regulatory challenge to a deal to merge its Virgin Media unit with British mobile operator O2, owned by Spain's Telefonica , its chief executive said on Thursday.
British fashion retailer Superdry said on Thursday its revenue plunged 37% in its latest quarter, reflecting the closure of its stores across the world due to the novel coronavirus.
Liberty Global Plc and Telefonica SA have agreed to merge their British businesses in a $38 billion deal including debt that will step up the challenge to market leader BT in mobile and broadband.
British aero-engine maker Rolls-Royce signalled on Thursday it expects to cut some of its workforce, after reports that it was considering cutting up to 8,000 jobs to weather a global aerospace sector slump.
Japan's Nintendo Co Ltd said on Thursday it sold 21 million Switch units in the year ended March, smashing its forecast of 19.5 million units, with hit title Animal Crossing: New Horizons shifting 13.4 million units in its first six weeks.
The British parliament's treasury committee chairman has told the chief executive of Barclays to explain delays to granting emergency loans to small businesses.
(Reporting by Pushkala Aripaka in Bengaluru; Editing by Anil D'Silva)
Norwegian Air's deeply discounted 400 million crowns ($39 million) share issue, part of the company's financial rescue plan, has now been oversubscribed by investors, the budget carrier said on Thursday.
Air France-KLM Chief Executive Ben Smith is right to tackle the subject of jobs at the struggling airline, said French government minister Jean-Baptiste Djebbari on Thursday, as trade unions brace for possible cuts.
GlaxoSmithKline said on Thursday it sold its stake in Unilever's Indian business for $3.35 billion, which Refinitiv says is the largest block trade ever to have been carried out in India.
Anheuser-Busch InBev , the world's largest beer maker, forecast a "materially worse" second quarter as coronavirus restrictions curb drinking across the globe, although China was showing early signs of recovery.
Britain's biggest telecoms group BT suspended its dividend and said it would spend billions more on faster fibre broadband connections, on the day two of its major competitors announced plans to merge.
The German government will prevent Lufthansa , the country's flagship carrier, from being sold out, Economy Minister Peter Altmaier told Bild newspaper on Thursday.
World food prices fell for a third consecutive month in April, hit by the economic and logistical impact of the coronavirus pandemic, the United Nations food agency said on Thursday.
French media conglomerate Vivendi has increased its stake in Lagardere to 13.36% from 10.6%, an AMF regulatory filing published on Thursday showed.