Business

Nokia profit up despite pandemic as new CEO takes over

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.

Business

Ford's results not as grim as expected for virus-marred 2Q

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 ...

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.

Business

Samsung Electronics defies pandemic with profit rise

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.

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