Eli Lilly and Co beat quarterly profit estimates and raised the top-end of its 2020 earnings forecast on Thursday, benefiting from customers stockpiling on medicines such as its diabetes treatment Tru
Wall Street's main indexes pared gains sharply on Thursday, after a report that Gilead Sciences experimental coronavirus drug flopped in its first randomized clinical trial.
Often rowdy and confrontational, this year's bank shareholder meetings have so far been brief and uneventful as the annual gatherings move online amid U.S. coronavirus lockdowns.
WASHINGTON: Hundreds of members of the US House of Representatives will gather in Washington on Thursday (Apr 23)to pass a US$484 billion coronavirus relief Bill, bringing the unprecedented total of f
Apple Inc plans to sell Mac computers with its own main processors by next year based on the chip designs currently used in its iPhones and iPads, Bloomberg reported on Thursday.
STOCKHOLM: Sweden said on Thursday it would introduce a limit on how much punters could gamble in online casinos for the duration of the coronavirus outbreak as isolated individuals increasingly turn
The U.S. House of Representatives returned to Washington on Thursday to pass a US$484 billion coronavirus relief bill, funding small businesses and hospitals and pushing the total spending response to
Blackstone Group Inc , the world's largest manager of alternative assets such as private equity and real estate, reported a 4per cent rise in its first-quarter distributable earnings driven by a s
TEL AVIV: Israel's religiously devout Jews, who traditionally shun the use of internet or smartphones, are increasingly going online to shop, study and video chat as the coronavirus outbreak force
U.S. air fares are approaching a 40per cent decline and still falling while ticket pricing in Europe and Asia is bottoming out, according to data (https:-nam02.safelinks.protection.outlook.com-?url=ht
Jaguar Land Rover plans to restart some European production from May 18, beginning with one of its three British car factories, a central English engine site in Wolverhampton and its plant in Slovakia
Shares of Capital One Financial Corp. fell 1.9% late Thursday after the credit card and banking company swung to a loss in the first quarter and posted revenue that narrowly missed Wall Street expectations. Capital One said it lost $1.3 billion, or $3.10 a share, in the quarter, versus a profit $1.4 billion, or $2.86 a share, in the first quarter of 2019. Adjusted for one-time items, the company lost $3.02 a share, contrasting with adjusted profit of $2.90 a share in the year-ago period. Revenue... Читать дальше...
U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted waters.
Canyon Bridge, the China-backed owner of Imagination Technologies, plans to re-list the UK-based chip designer in London, New York or Hong Kong, the head of the private equity firm told the Financial
The chair of the House Judiciary Committee's antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban on deals that are not directly relate
The combined wealth of America's billionaires, including Amazon.com Inc founder Jeff Bezos and Tesla Inc chief Elon Musk, increased nearly 10per cent during the ongoing COVID-19 pandemic, accordin
Hershey Co pulled its 2020 forecast on Thursday and warned of weak sales in certain categories as households worried about their financial futures cut spending on snacks and chocolates.
Ziad Abdallah has watched with growing alarm as Lebanon's financial meltdown has threatened the savings he spent 25 years building up in his dollar account.
Amazon.com Inc's Indian arm will soon add small local shops as sellers on its platform as a way to provide them broader online exposure and offer consumers a greater selection of merchandise, the
In just a week, Russia has to find ways to cut a fifth of its oil output under a deal to tackle the market glut and is looking at all options, including putting wells on repair and maintenance to aban
A highly valued public company will have a hard time getting a coronavirus relief loan, the U.S. Treasury said on Thursday, just as Congress was poised to approve a new round of funding for the loans
Lufthansa , which has grounded almost all its aircraft due to the coronavirus pandemic, said its operating loss increased to 1.2 billion euros (US$1.3 billion) during the first three months of the yea
Argentina plans to issue a decree setting a higher local oil barrel price to protect the domestic industry from being further decimated by crashing global prices and slumping fuel demand during the co
REUTERS: Facebook Inc has removed "pseudoscience" as an option for advertisers who want to target audiences, a category available until this week even as the world's largest social media
