Employers across the country are being sued by the families of workers who contend their loved ones contracted lethal cases of Covid-19 on the job, a new legal front that shows the risks of reopening workplaces. Walmart Inc., Safeway Inc., Tyson Foods Inc.
... * Bank sets aside 2.1 bln pounds in bad loan provisions in Q2. * Charges push lender into first-half loss of 770 mln pounds. * Bank forecasts worst-case GDP drop of 17% (Adds shares, investor reaction, quote). By Iain Withers and Lawrence White.
TOKYO (Reuters) - Oil prices rose on Friday, after touching three-week lows in the previous session, responding to a record decline in U.S. growth as the coronavirus ravaged the world's biggest economy and oil consumer. 3D printed oil barrels and ...
Twitter has revealed a little more detail about the security breach it suffered earlier this month when a number of high profile accounts were hacked to spread a cryptocurrency scam — writing in a blog post that a "phone spear phishing attack" was used to ...
(Adds background, quotes). By Sarah Young. LONDON, July 31 (Reuters) - IAG, the owner of British Airways, said it planned to raise 2.75 billion euros from shareholders to prop up its finances and allow it to survive what could be a longer-than-expected ...
An experimental Covid-19 vaccine developed that's produced in tobacco plants may start clinical trials within weeks as the race for immunization intensifies. British American Tobacco Plc, the maker of Lucky Strike cigarettes, expects a response from the U.S. ...
LONDON (Reuters) - British house prices jumped the highest in 11 years this month, adding to signs that parts of the economy are rebounding rapidly as coronavirus restrictions are eased. FILE PHOTO: Estate agent's signs hang from houses in the Selly Oak ...
... * SSEC gains 10.9% in July, CSI300 up 12.8%, biggest monthly rises since April 2015. * China's factories accelerate recovery in July. BEIJING, July 31 (Reuters) - China stocks closed higher on Friday in choppy trading amid uncertainties in coronavirus ...
Apple's (NASDAQ:AAPL) common shares are about to get significantly cheaper, but not because they're tanking. Concurrent with the release of its third-quarter fiscal 2020 results on Thursday, the tech giant announced that it will split that stock 4-for-1.
... * Cites COVID-19 impact for expected drop in 2020/21 sales. * Shares up 1.5%. * Plans to buy European satellite broadband business (Adds detail). July 31 (Reuters) - French satellite company Eutelsat expects coronavirus-related delays to launch projects ...
There wasn't a lot of sizzle in Shake Shack's (NYSE:SHAK) latest set of quarterly results. Like so many other restaurant operators and consumer goods businesses, the better-burger purveyor has been hit hard by the economic crunch engendered by the ...
AMSTERDAM (Reuters) - The chief executive of Air France-KLM's Dutch arm said on Friday the company would repay the 3.4 billion euros ($4.0 billion) in emergency government-backed loans it was taking on during the coronavirus crisis, rather than needing ...
If you are turning 60 in 2020, the pandemic could do more than interrupt your party plans. It could also lower the amount you'll receive when you file for Social Security. 14 Social Security Tasks You Can Do Online. Social Security benefits are based on a ...
PARIS (AP) — France's economy shrank by nearly 14% in the second quarter, when the country was in coronavirus lockdown. It was the third consecutive quarter of negative growth in a worsening recession, the national statistics agency said Friday.
Alamos Gold Inc (NYSE:AGI) Q2 2020 Earnings Call Jul 30, 2020, 11:00 a.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants. Prepared Remarks: Operator. Good morning. I would now like to turn the meeting over to Mr. Jamie ...
Glencore PLC said Friday that production across most of its commodities declined in the first half of the year, and revised down full-year guidance for nickel and coal. The FTSE 100 mining and energy company said its production of copper fell 11% on a ...
If big tech thought that its antitrust reckoning would end with yesterday's hearings, it'll have its optimism sorely dented by what's likely to follow. A number of smaller players are lobbing grenades over the fence in the hope of forcing regulators on both sides of ...
After focusing on restaurants, Impossible Foods finds its way into the world's largest retailer with its plant-based products, turning up the heat on its rivals. By Jessica Wohl. Published on July 30, 2020. READ THIS NEXT. Global group launches effort to focus ...
Sales tax holidays are a great way to save money on clothes, shoes, backpacks, school supplies, and other back-to-school necessities. by: Rocky Mengle. July 30, 2020. Getty Images. Advertisement. Whether your kids will be learning from home or in the ...
(Reuters) - United Parcel Service Inc (UPS.N) exceeded analyst estimates for quarterly profit and revenue on Thursday as pandemic-fueled rises in lucrative healthcare and air shipments helped offset a margin squeeze from surging e-commerce home ...
Profits at diary giant Kerry Group fell by almost 17.5 per cent in the first half of the year on foot of global lockdown measures introduced to combat the spread of the Covid-19 pandemic, the company's interim report shows. The company, which employs more ...
(Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Thursday it has bought another $522 million of stock in Bank of America Corp , boosting its already large stake in the second-largest U.S. bank by assets. Berkshire bought about 21.2 million Bank of ...
Ulster Bank has reported an operating loss of €276m for the six months to the end of June compared to an operating profit of €26m the same time last year. The bank said the fall is mainly due to a €278m net impairment charge against a potential surge in loan ...
State Bank of India (SBI) was among the top large cap gainers on bourses Friday morning ahead of its quarterly results. The stock of the country's largest lender was trading 1.7% higher at Rs 189.9 from the previous day's level amid a weak broader market.
HELSINKI/STOCKHOLM — Finnish telecom network equipment maker Nokia reported an unexpected rise in its second-quarter underlying profit on lower revenues on Friday, as it reduced low-margin business before a new chief executive takes charge.
(Adds details and background). ZURICH, July 31 (Reuters) - The Swiss National Bank posted a profit of 39 billion Swiss francs ($43 billion) during its second quarter, it said on Friday, as a stock market rally boosted the value of its foreign currency investments.
At the end of 2017, Burberry's new chief executive, Marco Gobbetti, outlined a far-reaching plan to ensconce the British trenchcoat purveyor "firmly in luxury" — a plan, developed with creative director Riccardo Tisci, in which it ...
London Stock Exchange Group said that it is in exploratory talks to sell its interest in MTS SpA or potentially the Borsa Italiana as a whole, in order to satisfy the European Commission on its deal to acquire Refinitiv. The exchange operator agreed to buy ...
TOKYO: Japanese shares closed lower on Friday as the safe-haven yen strengthened on dismal U.S. data, while the resurgence of Covid-19 cases dampened hopes of a swift economic rebound. The Nikkei share average ended 2.82% lower at 21,710.00, ...
MADISON, N.J. (AP) _ Realogy Holdings Corp. (RLGY) on Thursday reported a second-quarter loss of $14 million, after reporting a profit in the same period a year earlier. The Madison, New Jersey-based company said it had a loss of 12 cents per share.
... * Adjusted EBIT up 1%. * Recycling offset weak auto parts demand (Adds CEO, detail). July 31 (Reuters) - Belgium's Umicore SA on Friday beat first-half core profit expectations as a strong performance in recycling offset a slump in demand for auto parts.
MUMBAI: Domestic equity benchmark sensex declined over 100 points in opening session on Friday tracking losses in index-heavyweights HDFC twins and Reliance Industries amid negative cues from global equities. The BSE sensex was trading 116.84 ...
Mimecast has acquired Chicago-based security messaging company eTorch, trading as MessageControl. The acquisition adds MessageControl's machine learning- (ML) powered security capabilities to prevent social engineering and human identity attacks ...
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the 3D optical microscope market and it is poised to grow by $ 102.11 mn during 2020-2024, progressing at a CAGR of 8% during the forecast period. The report offers an up-to-date analysis ...
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