May 6, 2020

BMW reports first-quarter profit rise as coronavirus saps demand

BMW AG on Wednesday reported a 133% rise in first-quarter operating profit, due to the absence of a one-off provision in the year-earlier period, but said […]
May 6, 2020

GM investors want to know how much more coronavirus pain remains

Investors want to know what kind of economic hit General Motors Co expects from the coronavirus pandemic as it moves forward, whether it needs to raise […]
May 6, 2020

Tyson Foods to resume limited production at largest U.S. pork plant

Tyson Foods Inc will resume limited production at its largest U.S. pork plant this week, the company said late on Tuesday. Powered by WPeMatico
May 6, 2020

U.S. stock futures, Chinese shares slip amid Sino-U.S. tensions, oil falters

Shares struggled and the yen gained on Wednesday, with markets in China faltering on their return from a long holiday as investors fretted over Sino-U.S. tensions, […]
May 5, 2020

Disney takes $1.4 billion coronavirus hit, sets date to reopen Shanghai park

Walt Disney Co estimated global coronavirus lockdowns cut profits by $1.4 billion, mostly from its shuttered theme parks, but said it would reopen Shanghai Disneyland next […]
May 5, 2020

Occidental posts loss on $1.4 billion charges, cuts budget again

Occidental Petroleum Corp on Tuesday reported that it swung to a loss in the first quarter on write downs, and the troubled oil producer cut its […]
May 5, 2020

Match quarterly revenue hit by slowing Tinder growth

Match Group Inc reported quarterly revenue that fell short of Wall Street estimates on Tuesday, hit by slowing growth in its popular dating app “Tinder” as […]
May 5, 2020

Beyond Meat results beat, suspends 2020 forecast on COVID-19 concerns

Beyond Meat Inc reported better-than-expected quarterly results on Tuesday as it sold more of its plant-based meat products and cut costs on packaging and labor, sending […]
May 5, 2020

Oil surge lifts global stocks out of three-day losing streak

A gauge of global stock markets rose on Tuesday, snapping a three-day losing streak, while oil prices soared as investors shrugged off grim economic data on […]
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