Coty Inc. is cutting the salaries of its chief executive officer, chief financial officer and all non-employee directors by 25 percent, as the coronavirus pandemic continues to affect business.
Coty said it expected a 20 percent decline in sales in the third fiscal quarter, but that it was trying to make up for some of those declines with plans to push harder with Amazon and launch Kylie Jenner’s Kylie Skin in Europe.
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In oil market sunk by coronavirus, giant output cuts make ripple, not big wavesMuted oil price gains on Monday show record output cuts by giant producers will still leave them with a mountain to climb to restore market balance, industry watchers said, with the coronavirus pandemic decimating demand just as stocks swell. WTI below $24/barrel? Made more like a fart. What does the Coronavirus do to you? ❓❓❓❓what are the symptoms of CoronavirusOutbreak... Electric cars will drop it to $5/barrel
Fuente: Reuters - 🏆 2. / 97 Leer más »