The energy market has been even more volatile than the stock market over the past several months, with crude oil prices seeing massive swings and even briefly going negative. Coronavirus-related disruptions and geopolitical wrangling between major oil-producing countries has put
Theme parks have begun making concrete plans to reopen. Las Vegas casinos have done the same, as have hotels all over the country. These join restaurants that have begun welcoming customers, and retailers that have thrown open their doors as society heads haltingly toward a new
Is it too late to make money by investing in the stocks of companies battling the novel coronavirus? Not at all. Despite the successful flattening of the curve of new COVID-19 cases in many countries and U.S. states, the pandemic is far from over. And that means the companies wi
(RTTNews) - TD Bank Group (TD.TO, TD) reported second quarter adjusted earnings per share of C$0.85, compared to C$1.75, prior year. On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of C$1.40, for the quarter. Analysts' estimate
It is always difficult to predict how the stock market will behave in the near term. And given the current economic uncertainty caused by the ongoing COVID-19 outbreak, it is even more of a challenge.
Nobody will get preferential access to a potential COVID-19 drug developed by vaccine maker Themis Bioscience, which is being bought by U.S. pharmaceuticals firm Merck & Co Inc, the Austrian firm's chief executive said on Thursday.
(RTTNews) - Shares of Scandinavian Airlines System or SAS Group (SASDY.PK) were losing around 8 percent in the morning trading in Sweden after the company reported Thursday a sharply wider net loss in its second quarter hurt by weak demand amid Covid-19.
(RTTNews) - As per media reports, American Airlines Group Inc. (AAL) is planning to reduce 30 percent of its management and support roles as part of its measures to cut costs. The airline is reportedly offering buyouts for the affected staff.
China shares ended firmer on Thursday as investors anticipated further policy support from the ongoing Chinese parliamentary meeting, but gains were curbed amid a standoff between Washington and Beijing over a new Hong Kong security law.
The coronavirus lockdown has accelerated a digitalisation drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, according to industry leaders.
(RTTNews) - Fresenius SE (FSNUF.PK, FSNPF.PK) announced Thursday that its unit Fresenius Kabi AG and the pharmaceutical company medac have agreed to cooperate in Germany in the area of treatments for rheumatic illnesses.
Cineworld said on Thursday it expects to reopen all its cinemas in July as it secured an extra $110 million from lenders and a waiver on loan covenants to help it survive coronavirus lockdowns that have crippled business.
(RTTNews) - GlaxoSmithKline Plc (GSK.L, GSK) confirmed the company's plan to manufacture 1 billion doses of pandemic vaccine adjuvant system, in 2021, to support the development of multiple adjuvanted COVID-19 vaccine candidates. To date, the company has formed several collabora
(RTTNews) - Daily Mail and General Trust plc (DMGT.L) reported first-half profit before tax of 80 million pounds, higher than last year's 50 million pounds. Earnings per share grew to 89.7 pence from 12.9 pence a year ago.
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