Coronavirus buffets Air France as 2019 profits dive
French-Dutch airline Air France-KLM said Thursday the coronavirus has blown a large hole in 2020 earnings to date while separately unveiling lower profits for 2019.
Feb 20, 2020
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Business
News tagged with financial performance
Business
Ex-Google self-driving car project picks up new investors
Google's former autonomous vehicle project is becoming a more autonomous business by bringing it in its first investors besides its corporate parent.
Mar 03, 2020
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13
Business
AirAsia's future in doubt due to virus; share price tumbles
The future of top regional budget carrier AirAsia is in "significant doubt" after the collapse in travel demand caused by coronavirus, its auditor warned, sending the airline's share price tumbling nearly 18 percent on Wednesday.
Jul 08, 2020
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4
Business
Amid the pandemic, Big Tech reports mixed earnings
Big Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices.
Jul 31, 2020
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Business
Apple temporarily closes stores in China amid virus outbreak
Apple is temporarily closing its 42 stores in mainland China, one of its largest markets, as a new virus spreads rapidly and the death toll there rose to 259 on Saturday.
Feb 01, 2020
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Automotive
Tesla 2019 sales hit goals, rise over 50% from previous year
Tesla's global deliveries rose more than 50% last year, meaning the company surpassed the low end of its sales goals for 2019.
Jan 03, 2020
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4
Business
Fines cause turbulence for Airbus results
Airbus on Thursday reported a net loss of 1.36 billion euros for 2019, weighed down by massive fines to settle bribery scandals and extra costs for the A400M military transport aircraft.
Feb 13, 2020
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3
Business
Airbus profits soar as rival Boeing stumbles
European planemaker Airbus on Wednesday posted robust half-year profits on strong demand from airlines for more fuel-efficient jets, in stark contrast to its US archrival Boeing, suffering from the grounding of a flagship ...
Jul 31, 2019
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Business
SEC report questions trading apps after GameStop frenzy
US securities regulators studying the mysterious surge in GameStop shares in January called Monday for deeper examination of "game-like" features on some trading platforms.
Oct 19, 2021
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14
Business
Airlines face another bleak year as outlook worsens
Airlines face another bleak year with steeper losses than previously forecast, as some regions struggle to speed up COVID-19 vaccination campaigns and control virus variants, an industry group said Wednesday.
Apr 21, 2021
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