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Nike in new digital push amid Q4 loss as sales slump

2020-06-26 15:53:00| Daily apparel & textile news and comment - from just-style.com

Sporting goods giant Nike Inc has been hit hard as store closures and a 38% drop in sales pushed it to a fourth-quarter loss - but is setting its sights on online growth as a key pillar for the future.

Tags: sales digital loss push

 

Fed acts to keep banks 'prudent' amid virus risks

2020-06-26 00:16:12| BBC News | Business | UK Edition

The Federal Reserve has warned that big US banks risk losses of $700bn in a severe downturn.

Tags: acts banks virus risks

 
 

Coronavirus: Tata Steel in government talks amid bailout reports

2020-06-24 18:49:12| BBC News | Business | UK Edition

The UK's largest steelmaker is reportedly seeking a bailout worth hundreds of millions of pounds.

Tags: reports government steel talks

 

CME update: hog futures sink amid tightening import restrictions from China

2020-06-23 09:55:00| ThePigSite - Industry News

US lean hog futures dropped on 22 June as China increased oversight of imported goods due to a recent COVID-19 outbreak.

Tags: china update import restrictions

 

Investors in Canada Turn to Sustainable Investing Amid Protests

2020-06-22 13:54:00| National Real Estate Investor

Global protests on systemic racism are also shining a light on the stark difference in companies diversity efforts.

Tags: canada turn investing investors

 

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