Business

SoftBank Group reports record losses as Ma quits board

Struggling Japanese conglomerate SoftBank Group on Monday reported record losses, as the coronavirus pandemic compounded woes caused by its investment in troubled office-sharing start-up WeWork.

Business

Virus impact puts thousands of jobs risk at Rolls-Royce

Thousands of jobs could be at risk at British aircraft engine manufacturer Rolls-Royce, which on Sunday said it was in talks with unions about the impact of the coronavirus outbreak on operations.

Business

Coronavirus dims Twitter earnings expectations

Twitter on Monday dialed back its earnings expectations for the current quarter amid a massive disruption in online advertising stemming from the coronavirus pandemic, even though the service has become a hub of conversation ...

Business

Mideast airlines lose $7B as airports shut to combat virus

Seven Middle Eastern countries have suspended all commercial flights due to a fast-spreading new virus as the aviation industry's largest trade association announced Thursday that airlines in the region have already lost ...

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.

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Loss

Loss may refer to:

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