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Tesco says coronavirus costs could reach €1bn
The Irish Times 08 Apr 2020
Britain’s biggest retailer Tesco expects to take a hit of up to £925 million (€1 billion) from the costs of dealing with the coronavirus pandemic and warned it was unable to give a profit forecast for this financial year....
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Ornua warns of coronavirus impact, as operating profit for 2019 jumps
Irish Independent 08 Apr 2020
Ornua has seen its operating profit jump 22pc to €49m for 2019, but warned it expects the coronavirus to negatively impact on its business ... However, the co-operative, previously known as the Irish Dairy Board, warned that the business uncertainty and disruption being caused by the spread of the coronavirus is “severely impacting market sentiment.” ... ....
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Executives at Woodie’s owner Grafton volunteer for 20pc cut in salary
Irish Independent 08 Apr 2020
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Inactive boxship fleet to surpass 3m teu for the first time
Splash24/7 08 Apr 2020
“No market segment will be spared, with capacity cuts announced across almost all key routes,” Alphaliner warned, adding ... Sea-Intelligence warned that a failure to prevent a simultaneous rate collapse could lead to the liner industry losing a “staggering” $23.4bn in 2020....
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Minister reviews progress on ration distribution
The News International 08 Apr 2020
The Coordination Committee apprised the minister of the steps taken to ensure supply of essentials and ration to the daily wage earners, labourers and marginalised sections of society ... prices ... He warned hoarders and illegal profiteers to timely reform themselves ... prices ... He warned hoarders and illegal profiteers to timely reform themselves ... ....
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Rutland Herald
08 Apr 2020
Celebrities reveal new sides during virus, but face backlash
Rutland Herald
08 Apr 2020
Portia de Rossi has been teaching herself how to cook during the coronavirus lockdown. It's been an eye-opening experience for the actress — and for her fans ... Another posted a warning ... There's also danger if celebrities unartfully choose to profit off the virus. Social media experts warn that this may not be the time to be pushing products for gain ... ——....
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European Benchmarks Set to Exit Shortest Bear Market on Record
Canada Dot Com 07 Apr 2020
While dividend cuts and profit warnings keep coming, a number of companies made positive comments on Tuesday, with Danish medical-equipment firm Ambu A/S raising its sales forecast, Sweden’s Getinge AB saying it’s increasing production of ventilators to meet demand, ......
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SNP MP criticises Airbnb for advertising Easter holiday lets during pandemic
Scotsman 07 Apr 2020
Mr O'Hara welcomed hotels and letting companies that put “people's health before profits” by closing their doors despite the financial hit, but warned that with some bookings still taking place the impact on the community could be significant. The Airbnb website still allows for bookings, including 19 on Loch Lomondside alone. Mr O'Hara said ... Sign Up....
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SNP criticise Airbnb for advertising Scottish holiday lets during pandemic
Scotsman 07 Apr 2020
Mr O'Hara welcomed hotels and letting companies that put “people's health before profits” by closing their doors despite the financial hit, but warned that with some bookings still taking place the impact on the community could be significant. The Airbnb website still allows for bookings, including 19 on Loch Lomondside alone ... Mr O'Hara said ... Sign Up....
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A cheap stock I won’t buy despite its 16% dividend yield!
The Motley Fool 07 Apr 2020
United Carpets Group (LSE ... I fear both profits and dividend forecasts for the firm could be sliced down before long, given the shocking rate at which the retail landscape is deteriorating. On the floor ... Back in February, the retailer put out a profit warning in which it advised like-for-like sales were down 5.7% in the eight weeks from 20 December ... ....
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