Daimler sees operating loss ahead in Q2 over virus
German carmaker Daimler warned Wednesday that it would likely make an operating loss in the `second quarter due to the impact of the coronavirus pandemic.
Apr 29, 2020
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German carmaker Daimler warned Wednesday that it would likely make an operating loss in the `second quarter due to the impact of the coronavirus pandemic.
Apr 29, 2020
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Business
AT&T CEO Randall Stephenson is stepping down after leading the telecommunications giant for 13 years.
Apr 24, 2020
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Business
German airline giant Lufthansa said Thursday the group was in "intensive negotiations with the governments of its home countries... to sustainably secure the group's solvency", as it reported a 1.2-billion-euro operating ...
Apr 23, 2020
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Business
The first-quarter 2020 earnings season is as bad as expected, with the coronavirus butchering bottom lines worldwide, except those of Netflix and soap makers.
Apr 23, 2020
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Internet
Facebook said Wednesday it will label posts from popular accounts with their geographic origin in an attempt to curb political misinformation by foreign-based pages that mimic legitimate groups and political parties.
Apr 22, 2020
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Business
Latin America's biggest airline, the Brazilian-Chilean group LATAM, is suspending all international flights until May because of the coronavirus pandemic.
Apr 10, 2020
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Business
European airline giant Lufthansa said Thursday it has placed 87,000 workers—more than 60 percent of its workforce—on government-backed shorter hours schemes, as air travel idles amid the coronavirus crisis.
Apr 2, 2020
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Business
Dubai carrier Emirates reversed on Sunday its decision to suspend all passenger flights, shortly after it said it would halt operations from March 25 amid the novel coronavirus outbreak.
Mar 22, 2020
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Business
The chief executive of German airline giant Lufthansa warned Thursday that governments might need to save the industry from the coronavirus crisis, as "drastic cutbacks in flight operations" have grounded over 90 percent ...
Mar 19, 2020
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Computer Sciences
Researchers from the U.S. Army and North Carolina State University have developed a computational model that can be used to expedite military operations aimed at evacuating noncombatants, disaster response or humanitarian ...
Feb 28, 2020
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