Thyssenkrupp warns of massive third-quarter loss as COVID-19 adds to pain
German conglomerate Thyssenkrupp on Tuesday warned its operating loss could swell to 1 billion euros ($1.1 billion) in the current quarter citing the coronavirus pandemic.
Market wire
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Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Vodafone meets full-year expectations, pulls guidance on COVID-19 uncertainty
Vodafone , the world's second largest mobile operator, met expectations with a 2.6% rise in full-year core earnings to 14.9 billion euros ($16.10 billion), but did...
Honda declines to give outlook as profit slides amid coronavirus pandemic
Honda Motor Co on Tuesday posted its lowest operating profit in four years and refrained from releasing an earnings outlook for the current business year as...
Saudi Aramco first-quarter net profit falls 25% as oil prices slump
Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as...
Stocks falter as anxiety grows over second coronavirus wave
Asian shares tumbled on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first...
Thyssenkrupp second-quarter loss widens as coronavirus impact starts to show
Thyssenkrupp on Tuesday said its second-quarter net loss more than quintupled as the coronavirus pandemic hit all business lines at the struggling steel-to-submarines conglomerate.
Hyatt to lay off 1,300 employees as pandemic cripples travel
Hyatt Hotels Corp said late Monday it would lay off 1,300 people globally as it tries to cope with the coronavirus crisis, which has virtually halted...
Tencent Music misses quarterly revenue estimates, signals better second quarter
China's Tencent Music Entertainment narrowly missed market estimates for quarterly revenue on Monday as the COVID-19 crisis hurt the company's social entertainment services business, sending its...
Toyota expects annual operating profit to drop 80% as virus saps car sales
Toyota Motor Corp said on Tuesday it expects to post its lowest annual operating profit in nine years as the automaker grapples with the impact of...
Trump may let workers take Social Security benefits early in exchange for reduced payments later
Many Americans want more help from the federal government, and some lawmakers say it is too expensive. Now the Trump administration is reportedly considering letting workers...
Stocks climb as investors cling to lockdown loosenings
European shares climbed on Monday as investors clung to signs that more countries were restarting their economies and looked past reports of a pick-up in new...
BA-owner will review resumption of flying if British quarantine introduced
British Airways owner IAG will have to review its plans to resume flying in July if Britain introduces quarantine measures for international arrivals, its chief executive...
Britain's embattled aviation industry demands alternative to quarantine
Britain's aviation industry called on the government to find an alternative to quarantine plans for international arrivals, or risk seeing airlines and airports being dealt a...
LafargeHolcim to keep Philippines business after San Miguel deal collapses
LafargeHolcim has decided to keep its $2.15 billion Philippines business after a deal to sell the operation collapsed, the world's biggest cement maker said on Monday.
BA-owner IAG not in a position where it needs UK bailout: CEO
British Airways-owner IAG is not in a position where it has to ask for a specific bailout from the government to see it through the coronavirus...