Automotive

Nissan upgrades annual forecast despite Q3 net loss

Crisis-hit Japanese carmaker Nissan on Tuesday upgraded its full-year forecast for the second straight quarter, as the global auto industry shows signs of recovery from the coronavirus pandemic.

Business

Japan Airlines projects higher losses over pandemic

Japan Airlines said Monday it forecasts a larger-than-expected annual net loss of nearly $2.9 billion, as the aviation industry continues to struggle from the fallout of the coronavirus pandemic.

Automotive

Nissan trims losses in Q2, upgrades forecasts

Crisis-hit Japanese automaker Nissan said Thursday it trimmed net loss in the second quarter, though it remained in the red, and upgraded its full-year forecasts as the global auto industry showed signs of recovery from the ...

Business

British Airways parent IAG logs vast loss on virus

IAG, the owner of British Airways and Spanish carrier Iberia, dived into a net loss of 1.76 billion euros ($2.1 billion) in the third quarter on coronavirus fallout, it said Friday.

Business

Palantir to begin New York trading on September 30

Data analysis specialist Palantir announced on Tuesday it would begin trading on the New York Stock Exchange on September 30 in what could be one of the biggest market debuts since Uber.

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