Ashley's chains, which include Sports Direct and House of Fraser, have been forced to close amid the Covid-19 pandemic, and are in arrears to suppliers.

Chief executive Guillaume Faury told the plane maker's 135,000 staff to brace for a major shake-up and potentially sweeping job cuts to slash costs.

The German sportswear firm warned its sales would slump 40 per cent in the second quarter despite China emerging from lockdown, and surging performance online.

Following a row over the cost of new planes, Haji-Ioannou is trying to oust chief executive Johan Lundgren and chairman John Barton at an extraordinary shareholder meeting on May 22.

The crash in oil prices could put 10 per cent of the sector's 300,000 workforce at risk and reduce new investment in the region to the lowest level since 2000.

Royal Mail is poised to benefit from the new reliance on web sales. Citigroup Analysts bestowed a rare double upgrade on the 504-year-old postal service, moving it from 'sell' to 'buy'.

Just a day after arch-rival Airbus said it was 'bleeding cash' and may not survive, Boeing boss David Calhoun said: 'It is difficult to estimate when the situation will stabilise.'

Dubai-based DP World says P&O needs the emergency cash to avoid collapse during the virus crisis.

Staley (pictured with wife Debora) said the coronavirus would have a lasting impact on where staff work. Around 70,000 of Barclays 80,000 employees are working from home.

Over the last 17 years Rolls (pictured) and his business partner, chief exec Tim Warrillow , have transformed the market for tonic waters - and created a stock market darling.

Laxman Narasimhan, chief executive of Reckitt Benckiser, said sales of condoms had been hit in the UK and Italy - but not in China, where restrictions are being lifted.

Tesla's factory in Fremont, California, has been closed since March 24 as part of a government clampdown, requiring people to stay indoors to slow the spread of the coronavirus.

Sam Fischer spent £479,000 exercising options to buy 28,000 shares at 1709p. He later sold the stock at 2663p, netting £267,000. Diageo's market value has fallen 14 per cent this year.

RBS, which is changing its name to Natwest later this year, said the loss provisions dragged profit down by almost 50 per cent to £519m in the first three months of 2020.

Sir Stelios Haji-Ioannou urged them to back his bid to oust four directors at a meeting on May 22 as he thinks the order is a waste of money with the balance sheet already under threat from coronavirus.

In an indictment of the failure of the Government's original aid schemes to help many businesses, lenders received tens of thousands of applications for the new 'Bounce Back' loans within hours.

Carnival has been asked to give all the documents relating to the pandemic and its response to the House Committee on Transportation and Infrastructure.

Virgin blamed the 'severe impact' of coronavirus, which has prompted travel restrictions and forced airlines to ground fleets, and it comes just days after BA said it could also leave.

The insurance giant said it would sell up to 58m shares, which at last night's price of 692.4p would be worth £400m, collecting the money so it could 'respond to future growth opportunities'.

The British telecoms giant has long been seen as a potential suitor for broadband provider Virgin after it previously held unsuccessful takeover talks with parent Liberty Global.

Vue boss Tim Richards is 'hopeful' that venues can be open in time for the release date of Nolan's new film, Tenet (starring John David Washington and Robert Pattinson, pictured) on July 17.

Chief executive Philip Jansen, who recently recovered from Covid-19, said a new target of full fibre to 20 million homes by the mid to late 2020s is now in place.

The anti-viral solution leaves a protective layer that bonds to the surface, creating a safer environment in shared spaces such as restaurants, bars and shops.

IAG said it is 'planning a meaningful return to service' in July. But it conceded the plans were 'highly uncertain and subject to the easing of lockdowns and travel restrictions' globally.

The electric car maker has clocked up a six-month period with an average market capitalisation of $100bn (£81bn), the main requirement for Musk to receive the first payout under a reward scheme.

From temperature tests on arrival to face masks and two-metre distancing, this is the first glimpse of how manufacturing in Britain could look in the wake of the lockdown.

JOE BERNSTEIN: With world-class players at a premium, the news that David De Gea is set to sign a new contract at Old Trafford gives Ole Gunnar Solskjaer a massive boost during a difficult period.

The Chilean international, who is currently nursing a hamstring injury, returned to his car in Wilmslow after taking a train from London, only to discover that a parking warden had paid it a visit.

With Manchester United's pre-season in full flow, Romelu Lukaku and Alexis Sanchez have been enjoying their time away from the preparations as they shared a laugh at Carrington.

Van Persie can sympathise with Sanchez. He, too, swapped Arsenal for United. He, too, knows the baggage that comes with life at Old Trafford.

Alexis Sanchez was apparently left fuming after clashing with youngster Mason Greenwood while on Manchester United's pre-season tour. Sanchez is currently recovering from a hamstring injury.

Antonio Conte is pushing his Inter Milan bosses to pursue a deal for Manchester United flop Alexis Sanchez. However the Chilean's huge wages will likely be a huge problem.

Sanchez moved to Old Trafford in a swap deal with Henrikh Mkhitaryan in January 2018 after beating Manchester City to the forward's signature. But he has endured a torrid time, scoring just twice last term

Romelu Lukaku has been bombarding former Manchester United team-mate Alexis Sanchez with messages to convince him to join Inter Milan. He told the Chilean Italy is more beautiful than Manchester.

Ole Gunnar Solskjaer has admitted Alexis Sanchez could leave Manchester United in the coming weeks, with Inter Milan among the clubs showing interest in the forward.

Those in the Manchester United boardroom must wince when they hear the name Alexis Sanchez, such is the poor value for money their £560,000-per-week man has delivered. 

The 30-year-old, who has struggled for form at United, is in negotiations with Inter Milan over a season-long loan deal from Old Trafford. He reportedly had to visit the US embassy in the capital.

The Belgium international left the club this month to join Inter Milan for a fee worth £75million after just two seasons in the North West, and had plenty to say about his treatment at Old Trafford.

ADAM SHERGOLD: The transfer window in Europe's leading leagues closes on Monday and we could well see some of the continent's elite clubs involved in a scramble for some big stars.

ALVISE CAGNAZZO IN ITALY: Romelu Lukaku was one of the key players in bringing Alexis Sanchez to Milan this summer, after begging his former Manchester United team-mate to make the move.

JACK GAUGHAN: Greenwood, 17, is banging in goals at Carrington, leaving an impression on his team-mates and indicating exactly why Solskjaer let two experienced strikers leave.

Manchester United have confirmed that Alexis Sanchez has joined Inter Milan on a season-long loan deal. The winger had fallen out of favour at Old Trafford and will hope to rediscover his best form.

ADAM SHERGOLD: Alexis Sanchez was transformed from a skinny 16-year-old to one of the world's most exciting young prospects during five years on the books at Udinese.

Fans felt the loan move means they will never see Sanchez again but Solskjaer, also referring to Chris Smalling after he joined Roma on loan, insisted those out on loan very much have futures.

KIERAN GILL AT ST MARY'S STADIUM: Call them Ole Gunnar's Young Guns, or Solskjaer's Starlets, we will get to know this group well this season.

The Welsh youngster's stunning strike at Southampton this afternoon was his third since joining this summer, as the 21-year-old finds his feet in Ole Gunnar Solskjær's side.

Sanchez recently joined Inter on a season-long loan deal after a disastrous two seasons at Old Trafford, though United boss Ole Gunnar Solskjaer says he has a future at the club.

Jose Mourinho has described Alexis Sanchez as a 'sad man', saying 'I think in every job you have when you are not happy it is not so easy to perform at every level.'

Inter Milan made it three wins out of three Serie A games as Antonio Conte's men secured a 1-0 win over a 10-man Udinese side on Saturday evening.

Alexis Sanchez has been speaking like a man reborn since ending his horror Manchester United spell and sealing a move to Inter Milan, admitting he feels like he has fallen in love with football again.