British outsourcer Capita Plc posted a 28.5 million pound ($37.44 million) loss for the first half of 2020 on Tuesday, saying it had taken a significant hit from the coronavirus crisis and would not generate sustainable cash flow for up to 2 years.
British retailer Marks & Spencer said on Tuesday it plans to cut a further 7,000 jobs, dealing the latest blow to the country's beleaguered retail sector from the COVID-19 crisis.
(RTTNews) - Engineering and consultancy company Wood Group (John) PLC (WDGJF.PK, WG.L) reported Tuesday that its first-half loss was $11 million, compared to prior year's profit of $13 million.
(RTTNews) - Marks & Spencer Group Plc (MAKSY.PK, MAKSF.PK, MKS.L) announced a multi-level consultation programme which it anticipates will result in a reduction of approximately 7,000 roles over the next 3 months. This will include departures in the Group's central support c
Housebuilder Persimmon posted a plunge in first-half profit on Tuesday, as it sold fewer homes due to coronavirus-driven disruptions to construction activity and transactions, but "an excellent start to the second half" helped it reinstate dividend.
Starbucks Corp's South Korean unit is scrambling to curb the spread of coronavirus, cutting seating capacity in its cafes and delaying a promotional campaign after 50 cases were linked to one of its stores outside of Seoul.
Partner Communications, Israel's second-largest mobile phone operator, reported a 133% jump in quarterly profit, saying it cut costs and expanded sales channels to offset the impact of the coronavirus crisis.
(RTTNews) - Today's Daily Dose brings you news about Applied Therapeutics' ACTION-Galactosemia Kids trial being placed on partial hold by the FDA, Novavax initiating its COVID-19 vaccine trial in South Africa, Sanofi acquiring Principia Biopharma for $100 per share in cash, FDA
Israel's intelligence minister said on Tuesday he knew of no change to a policy opposing U.S. sales of advanced weaponry to Arab states that could diminish Israel's military superiority, after a report the United Arab Emirates could clinch such deals.
A potential coronavirus vaccine being developed by a unit of China National Pharmaceutical Group (Sinopharm) could cost no more than 1,000 yuan ($144.27) for two shots, state media on Tuesday quoted chairman Liu Jingzhen as saying.
Canada's finance minister resigned on Monday amid friction with Prime Minister Justin Trudeau over spending policies and after coming under fire for his ties to a charity tapped to run a student grant program.
Gold prices extended gains to inch closer to the $2,000 mark on Tuesday as the dollar weakened, with traders also focusing on minutes from the U.S. Federal Reserve's last policy meeting set to release this week.
Hong Kong leader Carrie Lam said on Tuesday she was not too bothered about U.S. sanctions against her but the Chinese-ruled city will complain to the World Trade Organization (WTO) about a new U.S. requirement on Hong Kong-made products.
Starbucks Corp's South Korean operation is scrambling to curb the spread of coronavirus, cutting seating capacity in its cafes and delaying a promotional event after nearly 50 cases were linked to one of its stores outside of Seoul.
Ant Group, Alibaba's fintech arm and China's dominant mobile payments company, plans to set up a consumer finance firm in the southwestern city of Chongqing, expanding its presence in the fast-growing domestic business, two sources told Reuters.
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