French prime minister resigns paving the way for…

French Prime Minister Edouard PhilippeChristophe Morin | IP3 | Getty ImagesFrance's Prime Minister Edouard Philippe resigned from government Friday amid speculation that President Emmanuel Macron was about to fire him.In a statement, Macron's office said…

Diageo will pause ad spend on major social…

Spirits giant Diageo said Saturday it will be pausing paid advertising globally on "major social media platforms" beginning in July. The company, which is the maker of Johnnie Walker, Smirnoff and Guinness, said it will "continue to discuss…

Major markets in Asia Pacific jump as much…

A man looks at an electronic quotation board displaying stock prices of the Tokyo Stock Exchange in Tokyo on May 26, 2020.KAZUHIRO NOGI | AFP via Getty ImagesMajor markets in Asia Pacific have bounced back strongly…

Oil major Shell slashes dividend for the first…

Carl Court | AFP | Getty ImagesOil giant Royal Dutch Shell on Thursday cut its dividend to shareholders for the first time since World War II, following a dramatic slide in oil prices amid the coronavirus crisis.The…