Google Alert - finance

	finance As-it-happens update ⋅ April 30, 2020
	NEWS
	Reuters Spain's BBVA swings to net loss on US writedown and COVID-19 provisions Reuters MADRID (Reuters) - Spain's second biggest bank BBVA (BBVA.MC) reported a loss of 1.79 billion euros ($1.94 billion) in the first quarter after a writedown in the United States and provisions taken against the potential fallout from the coronavirus outbreak. Flag as irrelevant
	Reuters Euro zone economy shrinks at record rate, inflation slows sharply Reuters BRUSSELS (Reuters) - The eurozone economy contracted at a record rate and by more than expected in the first three months of the year and inflation slowed sharply as much economic activity in March came to a halt because of the COVID-19 pandemic, ... Flag as irrelevant
	Reuters Danske Bank hit by rare loss as coronavirus crisis takes grip Reuters COPENHAGEN (Reuters) - Danske Bank (DANSKE.CO) was hit by an unexpected loss in the first quarter, its first since 2014, on Thursday as the global economic downturn caused by the coronavirus crisis triggered a jump in impairment charges. Flag as irrelevant
	Wall Street Journal Shell Cuts Dividend for First Time Since World War II Wall Street Journal LONDON— Royal Dutch Shell PLC cut its dividend for the first time since World War II after first-quarter profit fell by nearly half as the coronavirus pandemic hit. Energy demand and oil prices have plunged in recent months as nationwide lockdowns restrict ... Flag as irrelevant
	The New York Times Taiwan First-Quarter GDP Slows to Four-Year Low as Pandemic Hurts Exports The New York Times TAIPEI — Taiwan's economic growth in the first quarter slowed to its weakest in nearly four years, as fallout from the coronavirus pandemic hurts the electronics exports which are pivotal to its trade-reliant economy. The government has warned of slowing ... Flag as irrelevant
	TechCrunch Index and Credo lead a $2.75M seed in anti-fraud tech, Resistant AI TechCrunch Prague based Resistant AI has nabbed a $2.75M seed round. The security startup's machine learning technology is designed to be deployed on top of AI systems used for financial decision making to protect customers in markets such as financial services ... Flag as irrelevant
	Wall Street Journal China's Exporters Are Feeling Gloomy Even as Economy Restarts Wall Street Journal China's factories are resuming production, but pandemic-triggered recessions around the world have manufacturers pessimistic about export demand, figures published Thursday show. China's official index of manufacturing purchasing managers slipped to ... Flag as irrelevant
	Reuters Glencore cuts output guidance, says can ride out coronavirus Reuters LONDON (Reuters) - Glencore (GLEN.L) cut its 2020 capital expenditure and output targets on Thursday to reflect the impact of the coronavirus on its operations, saying the belt-tightening left it well placed to weather the pandemic. FILE PHOTO: The ... Flag as irrelevant
	The New York Times Dollar Down on Chances for More Fed Easing, Anti-Virus Drug Trial The New York Times TOKYO — The dollar fell on Thursday after the U.S. Federal Reserve left the door open to more monetary easing and dampened expectations for a quick economic recovery from the coronavirus crisis. The greenback also pulled back on signs the pandemic is ... Flag as irrelevant
	The New York Times Reckitt Benckiser's Sales Surge on Coronavirus Disinfectant Boom The New York Times (Reuters) - Reckitt Benckiser achieved record sales growth in the first quarter and predicted a stronger than expected performance in 2020 as customers stocked up on Lysol disinfectants, Mucinex cough syrup and Dettol soap ahead of the coronavirus ... Flag as irrelevant
	The New York Times Virgin Australia Has 20 Potential Buyers, Deal Seen by June: Administrators The New York Times SYDNEY — Virgin Australia Holdings Ltd's administrators said on Thursday they had given eight potential buyers access to a data room and were negotiating with another 12 about doing so as they seek to sell the country's second-biggest airline by end-June ... Flag as irrelevant
	CNN Artificial Intelligence can't technically invent things, says patent office CNN (CNN) Artificial intelligence is the future. If "Westworld" or "Black Mirror" are to be believed, there will soon come a day when the computers rule us all. But for now, an AI's power ends at the US Patent Office. The USPTO has denied a pair of patents filed on ... Flag as irrelevant
	Business Wire Axos Financial Rises Nearly 6% After Hours on Q3 Beats Nasdaq Axos Financial (NYSE: AX) was an after-market trading star on Wednesday, following the release of its Q3 of fiscal 2020 results late that afternoon. The company bucked the general trend for banks this earnings season, in that its profitability actually rose on a ... Flag as irrelevant
	The Guardian S&P hits back in court after Fortescue Metals takes legal action to prevent publication of ore price The Guardian Ratings agency says mining giant owned by Andrew 'Twiggy' Forrest' wants to keep prices secret so it can charge more for its ore. Ben Butler. Thu 30 Apr 2020 05.18 EDT. Share on Facebook · Share on Twitter · Share via Email. Shares. 0. 0. Andrew Twiggy ... Flag as irrelevant
	L.A. Biz WarnerMedia buys streaming app maker L.A. Biz WarnerMedia is bolstering its streaming technology with the purchase of the Widget Co., a Dutch technology company that develops apps for connected TVs and OTT devices. Financial terms of the deal weren't disclosed. AT&T-owned (NYSE: T) ... Flag as irrelevant
	BBC News Barclays Profit Falls, but Trading Excels — WSJ Morningstar.com This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (April 30, 2020). LONDON -- Barclays PLC said the trading unit in its investment bank generated record ... Flag as irrelevant
	Nasdaq Why Shares of General Motors Are Rising Today Nasdaq Shares of General Motors (NYSE: GM) were rising on Wednesday, after rival Ford Motor Company (NYSE: F) reported a first-quarter loss and said that its losses in the current quarter could exceed $5 billion. As of 1 p.m. EDT today, GM's shares were up about ... Flag as irrelevant
	South China Morning Post JD.com Readies Hong Kong Listing — WSJ Morningstar.com This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (April 30, 2020). Chinese e-commerce giant JD.com Inc. filed a confidential application to list in Hong ... Flag as irrelevant
	ZDNet Constrained online sales capacity sees WooliesX growth drop below recent levels ZDNet Woolworths has said despite double-digit growth in online sales during the third quarter, its capacity in Australia was constrained in March due to temporary changes that were made to its online delivery services, resulting in growth becoming more subdued. Flag as irrelevant
	Motley Fool 3 Big Takeaways From NXP Semiconductors' Earnings Report Motley Fool The automotive and industrial semiconductor specialist posted mixed first-quarter results and modest guidance, but the long-term business story still looks vibrant. Anders Bylund. (TMFZahrim). Apr 29, 2020 at 8:54AM. Author Bio. Anders Bylund is a Foolish ... Flag as irrelevant
	Nasdaq Pfizer and BioNTech Complete Dosing of First Group in Coronavirus Vaccine Trial Nasdaq It was just last week that Pfizer (NYSE: PFE) and BioNTech (NASDAQ: BNTX) got permission to start a phase 1/2 clinical trial of BNT162, their SARS-CoV-2 vaccine candidate, in Germany. Seven days later and the companies have already completed ... Flag as irrelevant
	Investor's Business Daily EBay Earnings Beat First-Quarter Expectations But Stock Dips Investor's Business Daily EBay (EBAY) reported first-quarter results late Wednesday that beat estimates on the top and bottom line. EBay stock was down in late trading. X. Error loading player: No playable sources found. The e-commerce company reported adjusted earnings of 77 ... Flag as irrelevant
	The Guardian Australia's electricity grid could run with 75% renewables, market operator says The Guardian Australia already has the technical capacity to safely run a power grid in which 75% of the electricity comes from wind and solar and, if it gets regulations right, should occasionally reach this level within five years. A study by the Australian Energy Market ... Flag as irrelevant
	RTE.ie C&C temporarily lays off about 70% of employees RTE.ie Drinks group C&C has temporarily laid off about 70% of its employees due to the ongoing Covid-19 pandemic, but said its main production sites in Clonmel and Glasgow remain operational. C&C has also implemented an average 20% salary cut across its ... Flag as irrelevant
	iGaming Business Flutter to complete Stars Group merger on 5 May iGaming Business Flutter Entertainment, the operator of the Paddy Power Betfair business, has announced that it will finalise its acquisition of and subsequent merger with The Stars Group (TSG) on 5 May. Under a deal announced in October of last year, the mega-merger will ... Flag as irrelevant
	Livemint Stair climbs, masks and no bars: Welcome to post-lockdown hotel Livemint When the lockdown finally ends and global travel resumes, expect a night at hotel to feel rather different. Walks up stairwells, face masks, breakfast in rooms and no gym or gin and tonics at the bar. Welcome to life after lockdown, according to Pat McCann, ... Flag as irrelevant
	PostBulletin.com Scams target cash-strapped consumers Medicine Hat News SUBMITTED BY THE BETTER BUSINESS BUREAU. In addition to its serious health consequences, COVID-19 is causing Canadians to worry about their financial health. Many businesses are faced with difficult decisions, like downscaling their operations to ... Flag as irrelevant
	Bloomberg Contactless Payments Gain Popularity in Age of Social Distancing Bloomberg The coronavirus pandemic has already changed the way Americans work, travel and shop. It turns out the way we're paying for purchases is changing, too. Fifty-one percent of U.S. consumers say they now use some form of a contactless payment, according ... Flag as irrelevant
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