April 28, 2020

Harley-Davidson quarterly profit falls about 45%

Harley-Davidson Inc reported a drop of about 45% in quarterly profit on Tuesday as motorcycle sales took a hit from global lockdowns due to the coronavirus […]
April 28, 2020

Oil moves mixed on easing lockdowns, looming storage shortage

Oil prices were mixed on Tuesday as optimism about the easing of coronavirus-related restrictions reassured markets, although traders remained cautious with storage capacities filling up fast […]
April 28, 2020

HSBC sees mounting credit losses after pandemic halves first-quarter profit

HSBC Holdings PLC on Tuesday warned of more earnings pain ahead after first-quarter profit nearly halved as it set aside a hefty $3 billion in bad […]
April 28, 2020

Japan automakers post 34% plunge in March global sales

Japanese automakers saw a 34% fall in global vehicle sales in March when the coronavirus outbreak began to spread globally, and face a further tumble in […]
April 28, 2020

Novartis sales, profits rise in first quarter on COVID-19 buying rush

Novartis saw first-quarter sales climb as hospitals and patients stocked up on drugs to avoid being left short during the coronavirus crisis, lifting profits for the […]
April 28, 2020

Lufthansa CEO says has no plan to sell Brussels Airlines: VRT

German airline Lufthansa has no intention of selling its Belgian unit Brussels Airlines, the head of Lufthansa Carsten Spohr assured Belgian Prime Minister Sophie Wilmès in […]
April 28, 2020

Spanish government considering loans for Iberia: El Pais

The Spanish government is considering granting soft loans to flagship airline Iberia, a unit of London-listed International Consolidated Airlines Group , newspaper El Pais reported on […]
April 28, 2020

BP hikes debt, keeps dividend as coronavirus hammers profits

BP’s first-quarter profit tumbled by two thirds and its debt climbed to its highest in at least five years as the coronavirus crisis hammered oil demand, […]
April 28, 2020

New York AG raises concerns about Amazon’s pandemic safety practices: source

Amazon.com Inc may have violated safety measures and labor practices amid the coronavirus pandemic as it fired a warehouse protest leader last month, New York Attorney […]
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