Business
Air Canada on Friday announced a loss of more than CAN$1.7 billion (US$1.27 billion) in the second quarter due to the "devastating effects" of the coronavirus pandemic.
Jul 31, 2020
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Fiat Chrysler overcame coronavirus-related factory shutdowns to post losses that were not as bad as feared, and the company predicted improving conditions for the remainder of 2020.
Jul 31, 2020
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Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and software despite the coronavirus crisis causing a substantial drop in revenue.
Jul 31, 2020
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Business
Dutch airline KLM said Friday it would shed up to 5,000 jobs due to a "crisis of unprecedented magnitude" caused by the coronavirus pandemic.
Jul 31, 2020
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Business
Google parent Alphabet reported a rare drop in revenue and profit on Thursday in a quarterly update that nonetheless topped market expectations.
Jul 31, 2020
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Ford Motor Co. posted results on Thursday that were not as grim as expected for its second quarter that saw its U.S. factories shuttered for half the period to combat the spread of the coronavirus and car buyers sheltering ...
Jul 31, 2020
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Business
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
The coronavirus pandemic took a toll on Comcast in the second quarter as movie theaters closed, theme parks shut down and advertisers cut back.
Jul 30, 2020
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Business
South Korean tech giant Samsung Electronics defied the coronavirus to report higher net profits in the second quarter Thursday, with strong demand for memory chips overcoming the pandemic's impact on smartphone sales.
Jul 30, 2020
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Business
Airbus announced Thursday net losses of 1.9 billion euros ($2.2 bn) in the first six months after aircraft delivery halved as a result of the coronavirus crisis.
Jul 30, 2020
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