Apple launches bond program. Apple has launched a vast bond program, which should enable it to raise up to 8 billion dollars in four tranches.

Amazon face criticism on employees’ safety. Amazon.com is going to keep its French warehouses closed until May 8 included, after a court said it needed to do more to guarantee employees’ safety. . In addition, a vice-president of Amazon Web Services is resigning after layoffs aimed at employees unhappy with their safety at work in the United States in the context of the epidemic.

Fiat Chrysler: the manufacturer lost €1.7 billion in the first quarter due to the consequences of the coronavirus.

HelloFresh: the German group, which is booming thanks to its offer of home delivery of culinary ingredients, has raised its 2020 growth forecast to between 40 and 55%, compared with 22 to 27% previously. AEBITDA's margin should be between 6 and 10%.

OC Oerlikon: the group is abandoning its 2020 forecast, for reasons that are well known. It has not provided any new quantified forecasts. In the first quarter, Ebitda contracted by 36% to CHF 39 million.

Pandora: the Danish jeweller claims to be in a solid balance sheet position to cope with Covid-19. Its first-quarter revenue contracted by 14% and its operating margin stood at 15.3%.

Regeneron: the laboratory reported a higher than expected quarterly profit.

Siemens Healthineers: the group will not achieve its target of 6 to 12% earnings per share growth this year, due to Covid-19. However, the quarterly results exceeded expectations.

Thomson Reuters: results are up but slightly below expectations.

Victoria's Secret solo. After the failure of its sale to private equity (an agreement has been reached with Sycamore Partners, which has dedicated itself), L Brands is preparing Victoria's Secret to operate as a stand-alone entity. Initially, the lingerie brand should have been sold to the investment fund for $525 million, but the fund turned around because of Covid-19. The terms of the breakup with Sycamore Partners were not disclosed.

M&A in pharmacies? Reuters has learned that AmerisourceBergen is looking at the distribution division of Walgreens Boots Alliance. The deal could be worth $6 billion. Both companies declined to comment.

SAP's work. SAP SE has warned that some of its cloud products are not at the required levels of security quality and that corrective measures have been launched, which will not affect the objectives even though about 9% of the software giant's 440,000 customers are concerned. SAP assures that this announcement is not related to a cyber attack. In addition, the group is selling its SAP Digital Interconnect division to Sweden's Sinch for €225 million.

In other news: General Electric is going to cut 10,000 additional jobs in its Aviation division. Carnival will resume its cruises as of August 1, from three US ports only. Infineon is expecting a contraction of around 5% in its turnover this year, to around €7.6bn. Adam Neumann, the former head of WeWork, is taking Softbank to court for abandoning a $3bn fund-raising campaign. United Airlines could reduce its support and management staff by at least 30% in response to the Covid-19 outbreak. In a car rental sector laminated by the pandemic, Avis is publishing very poor results and Hertz is reportedly preparing to file for bankruptcy protection in the United States. Logitech launches a new share buyback program. Mithra Pharmaceuticals and Gynial sign marketing agreement for Myring in Switzerland. Raghav Sahgal replaces Kathrin Buvac as president of Nokia Enterprise. Pfizer and BioNTech begin administration of their Covid-19 candidate vaccine in initial human clinical trials in the United States. TechnipFMC will cut up to 700 jobs in Norway. DuPont is reducing its investment.