Virus-hit airline Virgin Atlantic lands extra finance
Virgin Atlantic, one of many airlines hit hard by coronavirus fallout, has won a further financial boost from shareholders as it prepares to resume passenger flights.
Mar 15, 2021
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Business
News tagged with balance
Business
GM suspends dividend to save cash
General Motors announced Monday that it will suspend its dividend and halt share repurchases as it conserves cash amid a broad economic slowdown expected to weigh on auto purchases.
Apr 27, 2020
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Business
Ex-CEO of Wirecard arrested in case over missing billions
The former CEO of German payment service provider Wirecard has been arrested, accused of inflating the company's balance sheet in an accounting scandal that centers on a missing sum of 1.9 billion euros ($2.1 billion), prosecutors ...
Jun 23, 2020
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Business
SoftBank to sell up to $41 bn in assets to buy shares, lower debt
SoftBank Group said Monday it would sell up to $41 billion in assets to finance a stock buyback, reduce debts and increase its cash reserves after weeks of heavy losses in its shares.
Mar 23, 2020
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Business
Uber shares surge after citing signs of rebound from virus slump
Uber shares surged Thursday after the ridesharing giant suggested it is seeing the "beginnings of a recovery" in parts of the world following a brutal coronavirus-induced slump.
Mar 19, 2020
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Automotive
What happens to F1 drivers' bodies, and what sort of training do they do?
Various forms of motorsport are passionately followed around the world, and the pinnacle of the sport is Formula 1—a fast-paced battle between drivers and teams with some of the most finely engineered vehicles in the world.
Mar 23, 2024
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Energy & Green Tech
Renewable and nonrenewable energy in Myanmar's economic growth
The Republic of the Union of Myanmar is located in the western part of the Indochinese Peninsula and has a number of peculiar economic features. Green energy accounts for a considerable share of the country's energy balance. ...
Jul 23, 2019
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Business
Crypto exchange Binance to buy rival FTX in apparent bailout
The cryptocurrency exchange Binance said it plans to buy its rival FTX Trading, in the latest example of how fortunes can change rapidly in the crypto world.
Nov 8, 2022
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Ford burns up billions of dollars in 1Q, posts $2B net loss
The coronavirus crisis is forcing Ford Motor Co. to burn through cash at an alarming rate, but its chief financial officer says there's enough money to make it through the year —even if U.S. factories aren't restarted.
Apr 29, 2020
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Virus-hit Rolls-Royce boosts finances with £5.0bn plan
British aerospace giant Rolls-Royce, facing plunging demand as the coronavirus pandemic sparks an air transport crisis, launched plans Thursday to shore up its finances by up to £5.0 billion ($6.4 billion, 5.5 billion euros).
Oct 1, 2020
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