... * Dollar has lost nearly 5% in July. * Euro jumps to $1.19, eyes best month since 2010. * Anti-dollar sentiment builds on election worries. * Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E. By Tommy Wilkes. LONDON, July 31 (Reuters) - The dollar ...
The boss of British Airways owner IAG says the coronavirus pandemic has hit it harder than anything before. Willie Walsh told the BBC: "These are extreme times. BA has lost more in a quarter than a record loss for a year." IAG reported a loss of €4.2bn ...
Banking giant NatWest Group has put aside another £2.1bn in case more people and firms default on loans because of the pandemic. That meant it reported a £770m loss for the first half of 2020. Last year it made a £2.7bn profit. Earlier this month, chief ...
(Reuters) - British American Tobacco (BATS.L) reported stronger-than-expected first-half profit on Friday, as consumers bought more vaping products and higher-priced cigarettes in the United States, its biggest market. FILE PHOTO: A employee holds ...
(Reuters) - European shares were largely flat on Friday after encouraging earnings updates from Nokia, BNP Paribas and others countered concerns about a global economic recovery as coronavirus cases surged globally. The pan-European STOXX 600 ...
House prices bounced back in July, climbing 1.7% during the month compared to a 1.5% fall in June, according to the Nationwide. "The bounce back in prices reflects the unexpectedly rapid recovery in housing market activity since the easing of lockdown ...
London (CNN Business) Europe's economy shrank by 11.9% in the second quarter as the coronavirus pandemic plunged the region into a deep recession. The quarter-on-quarter fall in EU GDP is the worst on record. Compared with the same period a year ...
(Refiles to fix link to chart). By Jennifer Hiller, Ron Bousso and Dmitry Zhdannikov. HOUSTON, July 30 (Reuters) - Exxon Mobil Corp is preparing deep spending and job cuts, according to people familiar with the matter, as it fights to preserve a 8% ...
Mortgage rates didn't move much this week but they went down enough to cross a significant marker. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 2.99% with an average 0.8 point. (Points are fees ...
... * Full-year core profit guidance back at $1.31 bln-$1.39 bln. * Higher yields offset lost market share due to acquisition. * Second-quarter performance ahead of peers, says Jefferies (Adds CEO interview, share reaction). By Nikolaj Skydsgaard.
Jet2 is contacting some customers on Spain's Balearic and Canary Islands to ask them to end their package holidays early, the BBC has learned. Hundreds of customers have had flights back to the UK cancelled and been asked to return sooner than planned ...
The Australian government has unveiled its plan to force tech giants such as Google and Facebook to pay news outlets for their content. Treasurer Josh Frydenberg said the "world-leading" draft code of conduct aimed to give publishers "a level playing field to ...
AMSTERDAM, July 31 (Reuters) - TenneT, the largest electrical grid operator in the Netherlands and Germany, said on Friday it planned to invest 4 billion euros to 5 billion euros ($4.8 billion-$6.0 billion) a year to prepare grids for renewable energy and ...
Billionaire Roman Abramovich agreed to sell his stake in a Russia-focused gold miner, the latest in a wave of precious-metal deals, as bullion trades at a record high. Abramovich and other investors holding about 40% of Highland Gold Mining Ltd. agreed to ...
Dick's Sporting Goods announced Thursday that it will extend its 15 percent employee coronavirus pay raise through the end of 2020 and close all store locations on Thanksgiving Day. Continue Reading Below ...
Shutdowns across Comcast Corp.'s theme park segments — made up of the Universal Parks & Resort family — had an abysmal showing in revenue. The Philadelphia-based cable giant (Nasdaq: CMCSA), owner/operator of theme parks including Universal ...
The median credit score of successful mortgage applicants last year was 759, or "very good" on the FICO scale. Only 10% of mortgage borrowers had credit scores under 647, according to the Federal Reserve. And while it's not the norm, borrowers with ...
BEIJING (AP) — China's manufacturing activity edged up in July and export orders strengthened despite weak U.S. and European demand, a survey showed Friday, in fresh signs the world's second-largest economy is gradually recovering from the ...
Food technology and ingredients company Kerry Group has reported lower revenues and profits for the six months to the end of June after an "unprecedented period" due to the Covid-19 pandemic. Kerry said that Covid-19 had a significant impact on its Taste ...
Overstock (NASDAQ:OSTK) earnings for the online retail company's second quarter of 2020 have OSTK stock on the rise Thursday. That's thanks to its diluted earnings per share of 84 cents beating out Wall Street's estimate of -8 cents. The company's ...
State Bank of India (SBI) on Friday reported an 81 per cent year-on-year (YoY) surge in net profit at Rs 4,189.34 crore for the quarter ended June 2020 compared with a profit of Rs 2,312.20 crore in the same quarter last year. The profit was lifted by one-off ...
The sixth full-scale testing prototype of SpaceX's Starship has successfully completed a key static fire test of its Raptor engines, according to SpaceX founder and CEO Elon Musk . The so-called "SN5" Starship prototype is now ready to move on to a 150m ...
Sysco is recalling pink onions imported from the USA from {the marketplace} attributable to attainable Salmonella contamination. Shoppers mustn't devour the recalled merchandise described under or meals containing these uncooked pink onions.
CHARLESTON, S.C. (WCIV) — Software company Blackbaud is providing details on a ransomware attack that workers were able to address back in May. A ransomware attack takes place when cybercriminals try to lock companies out of data and their server ...
The impact of 2020 coronavirus recession on GDP will continue to be felt for years to come with GDP levels in the largest advanced economies expected to remain around 3 to 4% below their pre-virus trend path by the middle of this decade, Fitch Ratings has ...
Airports Authority of India (AAI) has "deferred" its decision to put SpiceJet on cash and carry mode till further notice and operations of the carrier continue to be normal as before, an airline spokesperson said on Thursday. On Wednesday, state-owned AAI had ...
SEATTLE--(BUSINESS WIRE)--Jul 31, 2020--. Expedia Group, Inc. (NASDAQ: EXPE) experienced technical difficulties today with the webcast portion of its second quarter earnings call due to a webcast provider outage. In addition to the earnings release, the ...
Burberry is hoping its first "social retail store" in China's tech capital Shenzhen will help build stronger ties with some of its most important Asian customers: young tech-savvy Chinese customers. The new store, launching today, is 5,800-square-foot, designed ...
... * Chicago corn futures face July losses after 2 month of gains. * Expectations of bumper U.S. harvest add pressure on prices (Recasts with move in corn prices, adds quote in paragraph 3). By Naveen Thukral. SINGAPORE, July 31 (Reuters) - Chicago corn ...
Mimecast has bought email security startup MessageControl to help stop social engineering and human identity attacks through the use of machine-learning technology. The email security vendor said its purchase of MessageControl will provide customers ...
Airbus has announced a net loss of £1.9 billion for the first half of 2020, as CEO Guillaume Faury said that the impact of Covid-19 was "now very visible in the second quarter". The manufacturer delivered around 50 per cent fewer aircraft in the first half (196 ...
Receive this alert as RSS feed 
No comments:
Post a Comment