BP's first-quarter profit tumbled by two thirds and its debt climbed to its highest in at least five years as the coronavirus crisis hammered oil demand, but the energy major kept its dividend despite warning of exceptional uncertainty.
Bayer on Tuesday faces its second annual investor reckoning over its handling of a wave of U.S. lawsuits claiming its glyphosate-based weedkillers cause cancer.
HSBC Holdings PLC on Tuesday warned of more earnings pain to come after first-quarter profit nearly halved as it boosted provisions against bad loans expected to rise amid the coronavirus pandemic.
Most Asian shares ground higher while U.S. stock futures fell on Tuesday amid choppy trade as a renewed decline in oil prices partially offset optimism about the easing of coronavirus-related restrictions.
Scandinavian airline SAS said on Tuesday it would reduce its workforce by up to 5,000 full-time positions, due to the COVID-19 pandemic and its impact on air travel.
Troubled hospital operator NMC Health said on Monday it requested its shares be delisted from the London Stock Exchange after they were suspended two months ago.
Major U.S. wireless firms said on Monday they will extend a commitment through June 30 not to cancel service or charge late fees to customers who have been impacted by the coronavirus pandemic.
Oil prices slumped on Tuesday, extending the previous session's slide, on worries about limited capacity to store crude worldwide and expectations that fuel demand may only recover slowly as coronavirus pandemic restrictions are gradually eased.
Asian shares and U.S. stock futures dipped into the red on Tuesday, erasing earlier gains as a renewed decline in oil prices overshadowed optimism about the easing of coronavirus-related restrictions seen globally.
Boeing Co will need to borrow more money over the next six months and does not expect to pay dividends again for years, as the U.S. planemaker wrestles with industry fallout from the coronavirus and the grounding of its 737 MAX jet, chief executive Dave Calhoun told shareholders on Monday at its annual general meeting.
CNBC | Evelyn Cheng | Apr 24, 202 Key Points China has rolled out a digital currency trial in Xiong’an, an area southwest of Beijing in the Hebei province, according to state-backed media reports. McDonald’s and Subway are reportedly two American firms among 19 companies participating in the trial. The People’s Bank of China (PBOC) has been
Airbus will furlough around 3,200 staff at its Broughton factory in Wales, the European planemaker said on Monday after it warned staff that the coronavirus crisis had put its survival at stake.
Harvard Business Review | Remko van Hoek and Mary Lacity | Apr 27, 2020 Because blockchain technologies are uniquely suited to verifying, securing and sharing data, they’re ideal for managing multi-party, inter-organizational, and cross-border transactions. Over the past five years, enterprises across the globe have vetted the technology with thousands of proofs of concept, but live
If you're eagerly waiting for your $1,200 government check, you may have tried the Get My Payment web tool to find out the status of your money or enter in your direct deposit information. Now, that site has gotten an upgrade to make it easier to use.
Jeffrey Gundlach said a popular ETF is incredibly overvalued given some of the Fed's actions to support the economy during coronavirus pandemic.