(Reuters) – Nike Inc <NKE.N> beat estimates for quarterly revenue on Tuesday as strong digital demand offset the first China sales drop in nearly six years from the coronavirus-fueled shutdowns, but the company held back from providing a forecast due to the outbreak. The epidemic forced Nike to temporarily shut down stores to help contain […]
By Alexander Winning JOHANNESBURG (Reuters) – South African Airways (SAA) said on Friday it would suspend intercontinental and African regional flights until the end of May because of the coronavirus, as administrators trying to save the airline said it could run out of funds in just over a week. State-owned SAA has been on the […]
HONG KONG (Reuters) – The yen held most of its overnight gains on Friday, after falling U.S. yields and market jitters propped up the Japanese currency while another Wall Street selloff drove flight-so-safety bid to dollar, which remains near 20-year high peaks.A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, […]
