Diageo upbeat despite Covid-19 causing further corporate uncertainty

Drinks giant Diageo has said it has seen a strong start to its financial year, with the first three months benefitting from people making cocktails at home and strong off-licence sales. Picture: Niall Carson/PA Wire

Leading international companies are continuing to feel a rollercoaster impact from the Covid-19 pandemic, prompting the ECB to say it is ready to up its stimulus measures to aid economic recovery.

ECB chief Christine Lagarde said the eurozone recovery is uncertain and incomplete, with consumers cautious to spend and companies reluctant to invest.