Recent Posts - page 442

• German companies expect business to normalize in 11 months: Ifo

  By admin1 on August 13, 2020 • ( 0 )

  

  In a statement on Thursday, Germany’s Ifo economic institute said, German companies expect business conditions to normalize in an average of 11 months. Germany’s services sector expect business to return to normal at 11.7 months, while the manufacturing sector sees… Read More ›

• Chevron Corp invests in nuclear fusion startup Zap Energy

  By admin1 on August 13, 2020 • ( 0 )

  

  In a statement Chevron Corp said, it is in the process of investing in nuclear fusion startup Zap Energy Inc, joining its peers Norway’s Equinor and Italy’s ENI, who have also backed the startup in order to reduce their carbon… Read More ›

• China’s banking industry likely to write-off bad debts worth $490 billion in 2020

  By admin1 on August 13, 2020 • ( 0 )

  

  According to a report from China’s Xinhua News Agency, China’s banking industry is expecting to expecting to write-off $489.91 billion (3.4 trillion yuan) of bad debts in 2020. These bad loans have cropped up due to Wuhan coronavirus. “The sector… Read More ›

• Thyssenkrupp sees first signs of stabilization in businesses

  By admin1 on August 13, 2020 • ( 0 )

  

  On Thursday, German conglomerate Thyssenkrupp said, some of its businesses were stabilising in the current quarter after taking heavy hits from the coronavirus pandemic. Thyssenkrupp has reported a fiscal third-quarter adjusted operating loss from continuing operations, minus the elevator business… Read More ›

• Chinese Tech Giant Tencent Breaks Q2 Expectations Of Revenues And Earnings

  By admin2 on August 12, 2020 • ( 0 )

  

  Chinese tech giant and owner of the chat and messaging app WeChat, Tencent, beat analyst expectations for the three months through to the end of June, reporting its fastest growth in revenues for any quarter in about two years. Despite… Read More ›

• Disney Changes Name Of The Historic 20th Century Fox Brand

  By admin2 on August 12, 2020 • ( 0 )

  

  One of the best known brand names in the global entertainment industry – 20th Century Fox, has now been ended by Walt Disney. This came with the rebranding of one of the TV studios as 20th Television by the legendary… Read More ›

• Taiwan’s central bank probing 5 foreign banks over grains firms’ arbitrage: Sources

  By admin1 on August 12, 2020 • ( 0 )

  

  According to fours sources with knowledge of the situation at hand, Taiwan’s central bank has commenced investigations on 5 foreign banks for their alleged involvements in a $8 billion in net trading positions on the deliverable forwards market. On Tuesday,… Read More ›

• Vietnam’s trade surplus expands to $2.8 billion in July 2020: Customs Department

  By admin1 on August 12, 2020 • ( 0 )

  

  Data released by the Vietnamese government on Wednesday shows, in July 2020, the country’s trade surplus widened to $2.8 billion from a $1.85 billion in June. Exports rose by 10.2% from June to $24.87 billion, while imports also grew at… Read More ›

• Sales volume to bounce back after COVID-19 pandemic: Eastman Kodak Co

  By admin1 on August 12, 2020 • ( 0 )

  

  In a statement, Eastman Kodak Co stated, it expects sales volume to jump back to normal levels once the COVID-19 pandemic eases; it also sees an improvement in its working capital after the intensity of the Wuhan coronavirus fades. The… Read More ›

• Azul SA, Brazil’s No. 3 airline, clinches deal to slash leasing costs, staves off potential Chapter 11 bankruptcy filing

  By admin1 on August 12, 2020 • ( 0 )

  

  In a statement, Brazilian airline Azul SA said, it had clinched an agreement with its aircraft lessors that would help it save nearly $594.61 million (3.2 billion reais) in working capital through 2021; the deal will see repayments from 2023…. Read More ›

• ‹ Older Entries
• Newer Entries ›