Author Archives: Syndicated Content
AstraZeneca beats first-quarter profit estimates, retains 2020 forecast
(Reuters) - AstraZeneca beat analysts' estimates for first-quarter profit and reiterated its 2020 outlook on Wednesday, as demand for the drugmaker's newer medicines held up and its supply chain prove...
Apr 29, 2020
British retailer Next says quarterly sales plunge 41%
LONDON (Reuters) - British clothing retailer Next said on Wednesday total product sales in its latest quarter crashed 41%, reflecting the closure of all its stores in the coronavirus lockdown and the ...
Apr 29, 2020
Dutch manufacturers more pessimistic than ever due to corona crisis
AMSTERDAM (Reuters) - The coronavirus pandemic has made manufacturers in the Netherlands more pessimistic about their prospects than ever before, the national statistics office said on Wednesday. Prod...
Apr 29, 2020
Expectations for European corporate profits fall further
LONDON (Reuters) - Europe Inc's profit expectations for the second and third quarters continued to deteriorate sharply, Refinitiv data showed on Wednesday, as fears about the scale of the recession tr...
Apr 29, 2020
WPP says COVID-19 dragged March net sales down 7.9%, braces for bigger impact
LONDON (Reuters) - WPP , the world's biggest advertising company, said net sales fell 3.3% in the first quarter, with the impact of the COVID-19 pandemic dragging it down by 7.9% in March alone, promp...
Apr 29, 2020
AirAsia will not take jet deliveries this year, revisiting Airbus order book
SYDNEY (Reuters) - Malaysia's AirAsia Group Bhd said on Wednesday it did not intend to take any new aircraft deliveries this year because of the sharp fall in demand from the coronavirus crisis, and w...
Apr 29, 2020
Murray says resuming season stalled by pandemic not top priority
(Reuters) - Resuming the tennis season stalled by the coronavirus pandemic is not the most important thing as players first want to live their normal lives again, former world number one Andy Murray s...
Apr 29, 2020
Novartis wins expanded European OK for Cosentyx amid pursuit of $5 billion sales
ZURICH (Reuters) - Novartis on Wednesday won a new European approval for its inflammation drug Cosentyx in a form of arthritis, as the Swiss drugmaker predicts broadening use of its top-selling medici...
Apr 29, 2020
City of Beijing may ease quarantine rules as early as Thursday: sources
BEIJING (Reuters) - The city of Beijing plans to ease quarantine rules for some domestic travellers from low-risk areas in China as soon as Thursday, according to two sources familiar with the situati...
Apr 29, 2020
SK Innovation to start building second EV battery plant in United States
SEOUL (Reuters) - South Korea's SK Innovation Co Ltd, a supplier for Volkswagen and Ford Motors, will spend $727 million to build its second electric vehicle (EV) battery plant in the United States, t...
Apr 29, 2020
