Business News
United Airlines posts a quarterly loss, up liquidity by US$ 9.6 billion
2020-05-01
United Airlines Holdings Inc posted a first-quarter loss of $1.7 billion on Thursday, including charges against investments in Latin America that have sown as the coronavirus pandemic jolts worldwide travel industries.
Norway's wealth fund favors Barclay's climate goals under the pressure of investors
2020-05-01
The sovereign wealth fund of Norway will vote for a resolution committing Barclays to tackle climate change at the bank's annual general meeting on May 7, instead of a separate shareholder, the fund said Friday.
For the first time since World War Two, shell cuts dividend
2020-04-30
For the first time since World War Two on Thursday, Royal Dutch Shell cut its dividend as the energy company retreated in the face of an unprecedented drop in demand for oil due to the coronavirus pandemic.
Nokia makes little profit in the face of disruption of supply
2020-04-30
In the first quarter, Nokia Oyj eked out a small profit, backed by demand for its new high-margin 5 G telecoms equipment, and predicted a strong second half of the year, sending higher shares.
Fiat Chrysler dealers, mechanical workshops Monday to reopen
2020-04-30
On Thursday, Fiat Chrysler said its Italian network of approved dealers and mechanical workshops would reopen on May 4, when the country is set to lift a national lockdown set up to limit the spread of coronavirus.